The Icertis Contract Intelligence system improved contract turnaround times by 40%, resulting in substantial productivity improvements and most importantly, shorter order-to-cash cycles. Different functional areas found it easier to work together. Timely contract renewals had a positive impact on revenue recognition. Mindtree gained tremendous value through cost reductions, and achieved 100% compliance.
“Icertis’ unique approach to building software is evident in its Contract Management product. Managing complex contracts across all our business units and getting a single view of various contracts was very important to us. Mindtree selected the Icertis solution based on its end-to-end functionality, ease of use, and quick time to deployment. Their product will help take our contract management processes to the next level.”
Rajesh Narang, Vice President Legal & Company Secretary, Mindtree