“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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The 18 hottest enterprise startups of 2017, according to how investors value them
“We are half-way through 2017 and it's time to take stock of the hottest startups so far this year. For that we turned to Pitchbook, the website that tracks financial investments. Pitchbook sifted through its vast database to uncover the 383 startups that received funding so far in 2017 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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Deal Street: Indian Startups Raised At Least Rs 530 Crore Last Week
"Cloud-based enterprise software firm Icertis raised $25 million (Rs 175 crore) in Series C funding led by B Capital Group, the company said in a media statement. Existing investors Ignition Partners, Greycroft, e.ventures and Eight Roads Ventures also participated in this round, the statement added. The company will use the...
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Enterprise Contract Management Vendor Icertis Scores $25 Million in Series C Funding
"Icertis, a provider of enterprise contract management in the cloud, has announced $25 million in Series C funding, bringing Icertis’ total funding to $46 million. Taking a holistic approach, Icertis helps global Fortune 500 enterprises mitigate compliance risks due to improper contract management – an issue that, the company contends,...
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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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