Member-owned Mutual Company To Reap Benefits of Intuitive, Easy-to-use Contracting Solution, Accelerating Procurement Processes While Ensuring Compliance
BELLEVUE, Wash., July 25, 2018 – Icertis, the leading provider of enterprise contract management in the cloud, today announced that Australian Unity, a leading national health, wealth and living mutual company, has selected the Icertis Contract Management (ICM) platform to serve as the foundation for the digital transformation of Australian Unity’s contract management processes.
The ICM platform will be at the center of Australian Unity’s effort to accelerate contracting to better serve its member-owners in a heavily regulated business environment. Australian Unity wants to use the ICM platform to speed up the contracting process, unlock hidden value in enterprise contracts and create a single source of truth for all contracting activities while helping ensure compliance with complex regulations in the healthcare, independent and assisted living and financial services industries.
In light of its business lines and group structure, Australian Unity operates in a diverse and complex legal, risk and compliance environment with a large volume of contracts signed annually. They are looking to the ICM platform to equip the business with an easy-to-use, intelligent contracting solution that will allow increased contract velocity with their partners, suppliers and service providers while helping manage contract risk and optimizing their commercial relationships.
Australian Unity, one of Australia’s oldest mutual companies with over 7,500 employees, selected Icertis because ICM’s easy-to-use UI will enable wide user adoption. In addition, the platform’s information security certification gives Australian Unity the confidence that their contracts are secure and that Icertis adheres to the most stringent security protocols and procedures.
“We are thrilled Australian Unity, a company committed to enhancing the wellbeing of its one million customers, has chosen our ICM platform,” said Monish Darda, CTO and Co-founder of Icertis. “As a leading health and financial services company, speeding up contract approvals and being able to make swift and effective decisions is key. We look forward to working with Australian Unity as they continue to improve efficiency and transform their contract management operations.”
For more information about Icertis, visit www.icertis.com.
Icertis, the leading provider of enterprise contract management in the cloud, solves the hardest contract management problems on the easiest to use platform. Icertis helps companies transform their commercial foundation ensuring compliance, improving governance, mitigating risk and enhancing user productivity, thereby improving the bottom line. The Icertis Contract Management (ICM) platform is used to manage 5+ million contracts by 2+ million subscribers at companies like 3M, Daimler, Microsoft, Roche and Wipro in 40+ languages across 90+ countries. The AI-powered platform allows customers to increase contract velocity and agility, proactively manage entitlements and obligations as well as surface commercial insights and intelligence.
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Icertis is a Leader with the Highest Score in Current CLM Product Offering, According to 2019 Forrester Wave
The Icertis Contract Management (ICM) platform received the highest 5.0 score possible in 17 out of 22 current offering criteria–more than any other vendor evaluated.Read analyst report