Bellevue-Based Icertis Raises $25M, Plans to Double Staff

"Bellevue cloud software company Icertis has raised $25 million from investors, less than a year after the firm pulled in $15 million in funding. Icertis makes software that helps companies track contracts across all departments, whether they are deals with large vendors or for office supplies. The company, led by...
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AI’s Next Stop: Back-Office Risks

"Startups the likes of Icertis have been progressively using machine learning and artificial intelligence to advance [contract management, compliance and regulation] to a new level. Icertis has been using chat bots and automated alerts to help manage vast swaths of contracts." - Olga Razumovskaya, The Wall Street Journal Read the...
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Clinical Trial Agreement Solution Reduces Contract Timelines

"Icertis had upgraded its Clinical Trial Agreement and Budgeting solution – which the company says can reduce contract cycle times by up to 80%. Nagi Prabhu, Chief Product Officer at Icertis, told us the upgrade to the Icertis Clinical Trial Agreement and Budgeting solution consolidates the contract lifecycle workflow and...
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Five Startups Working to Modernize Clinical Trials

"Clinical trials are a massive, often global undertaking that can suck up years and tens of millions of dollars. The good news? There are plenty of areas for improvement and streamlining… Enterprise contract management involves streamlining and systematizing the different contracts and related documentation required for a clinical trial (or...
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Artificial Intelligence in Contract Management

"...the basics of AI and its relevance to Contract Lifecycle Management (CLM) so that practitioners can derive greater commercial intelligence from their contracts and set themselves up for the coming innovation in this exploding area..." Part 1: Considerations for Practitioners Part 2: Knowledge Representation - Pierre Mitchell, Spend Matters
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Expert tips for implementing procure-to-pay software

For Nagi Prabhu, chief product officer at Icertis, a provider of contract management software based in Bellevue, Wash., a procure-to-pay system is only as good as the contracting system that is associated with it. "If the contract solution is not robust enough, the procure-to-pay solution just becomes a process organizer...
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Contract Management: Yes, You Do Need A Solution (and Here’s Why)

At the Icertis customer advisory board meeting, we dug into when companies hit the “breaking point” that caused them to adopt a CLM solution. "... the primary reason companies decide to look into CLM solutions is the same reason they typically take an interest in risk management technologies: they get...
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Schisms in the CPQ world, Icertis scores an Apttus defector

Salesforce's acquisition of Steelbrick caused a tectonic shift, the ramifications of which are still being felt. "... Nagi Prabhu, the guy who led the product development and management of Apttus’ entire quote-to-cash (Q2C) suite of products, (which is its primary revenue driver) has jumped ship to yet another player in...
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