Daimler Moves Toward Digital Transformation in Contract Management

“Icertis announced that global automotive and vehicle manufacturer Daimler AG recently went live with the Cloud-based application in what is described as record- time. We were informed that this deployment was characterized as 80 percent faster than Daimler’s historic software installations. A legacy Lotus Notes software technology supported the former...
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Digital Manufacturing Technologies a Challenge for ERP

“As the manufacturing sector undergoes digital transformation, poorly integrated ERP systems will soon be a thing of past, driving ERP vendors to reinvent…Nagi Prabhu, chief product officer at Icertis, a provider of contract management software in Bellevue, Wash., said that to determine if ERP systems are meeting the digital transformation...
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Countdown to New FASB Rules

“New revenue recognition rules issued by the Financial Accounting Standards Board (FASB) in Revenue from Contracts with Customers (ASC 606) are scheduled to take effect over the next two years. But with just a few months to go until public companies are required to make the switch, the majority are...
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BASF selects Icertis ICM to modernize its global contracting process

“According to the company, global healthcare leaders including Abbvie, Roche, and BD are also using its Contract Management (ICM) platform to help consolidate and manage contract lifecycles. ‘Icertis’ pharmaceutical customers are using the ICM platform to accelerate contracting velocity, increase visibility through a single, easy-to-use enterprise wide contracting system and...
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Lists of procurement providers to know, watch highlight emerging trends

“Call it the app phenomenon. Much like our personal relationship with the Internet is driven by specific applications on our mobile devices and our desktops, the trend in the digital procurement arena is for very specific software applications that either supplement, or replace, complex ERP systems. Rapidly changing technologies, coupled...
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Regulation and cyber attacks – a perfect storm for SaaS

"Compliance will mean more than simply implementing new software. It will also require you to, “Inventory all contracts for revenue recognition requirements, match the revenue with expenses for the cost of goods sold, identify elements of contracts that will matter to this, and analyze obligations for performance,” according to Dan...
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Wipro Selects Icertis Contract Management Platform

"Technology outsourcing company Wipro has selected the Icertis Contract Management (ICM) platform to ensure uniformity across buy and sell-side agreements and manage contract risk. Icertis, a provider of enterprise contract management in the cloud, said Wipro will gain from main features such as intuitive user interface, strong system performance, scale...
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Icertis may expand operations in Europe, Asia-Pacific

"Cloud-based contract management firm Icertis plans to strengthen its presence in Europe this year, followed by the Asia-Pacific region in 2018. The Seattle-headquartered firm, which recently raised Series C funding of $25 million led by Capital B Group, has set up an office in Stuttgart and will add offices in...
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