Icertis Accelerates Growth and Expands Leadership Position in Fast-Growing Contract Lifecycle Management Category
Bellevue, WA, October 18, 2016 – Icertis, the leading provider of enterprise contract lifecycle management in the cloud, today announced the appointment of Nagi Prabhu as Chief Product Officer (CPO). Nagi is a tenured cloud software visionary and practitioner, and has served in senior product leadership roles at global Fortune 500 technology companies and rapid-growth startups. As CPO of Icertis, Nagi will drive product strategy, product management and advanced technology initiatives to expand Icertis’ leadership position in the $6 billion contract lifecycle management (CLM) category.
“As a seasoned technologist well-versed in the CLM space, my bar was extremely high, so needless to say the decision to join Icertis came with a very rigorous evaluation of the platform,” said Nagi. “After careful review, I believe the Icertis Contract Management platform is second to none, and its robustness can deliver unparalleled benefits to every enterprise, in every vertical, in every geography. Samir’s vision and strategy has put Icertis on the map as a true leader in the CLM category, and I would like to build on this amazing foundation to make ICM the CLM platform of the world.”
Prior to joining Icertis, Nagi led the product development and management of Apttus’ entire Quote-To-Cash (Q2C) suite of products, its primary revenue driver. Before Apttus, he held several leadership positions at CA Technologies, Symphony Services, Intacct Corporation, and Sybase. As CPO of Icertis, Nagi will lead the company’s product management and drive innovation around forward-leaning technologies like blockchain, sentiment analysis, and machine learning.
“The addition of a distinguished technology veteran to our growing executive team is a strategic milestone on our journey,” said Samir Bodas, CEO and cofounder of Icertis. “Nagi’s depth of experience will be instrumental in further differentiating ICM as the platform of choice, and building innovations that no other company in the CLM-space is attempting. I am excited about our future with the team we are assembling, the product we are building, and the work culture we are nurturing at Icertis.”
This year has been a landmark year for Icertis, marked by major customer wins in North America, Europe, and Asia, best-of-breed partnerships with Microsoft, Box, and PROS, and industry recognition by Gartner, Forrester, and Glassdoor. The momentum is driven by the sophistication of the ICM platform, with more and more Fortune 500 companies standardizing on ICM.
Icertis is the leading provider of contract lifecycle management in the cloud. Icertis Contract Management (ICM) is an innovative, easy-to-use platform that is highly configurable and continually adapts to complex business needs. Today, ICM is used to manage 2.5+ million contracts, by 750,000+ users, in 90+ countries and 40+ languages. With its intelligent workflow and built-in analytics, ICM provides ongoing contractual insights and best-of-breed contract management. ICM enables customers to increase compliance, improve governance, mitigate risk and enhance user productivity, thereby maximizing ROI and accelerating time to value across the global enterprise. For more information, visit www.icertis.com
Icertis Media Contact:
Barokas Public Relations for Icertis
Icertis Is a Leader in Gartner’s First Magic Quadrant for Contract Lifecycle Management
Icertis is proud to be named a Leader in the first ever Gartner Magic Quadrant for Contract Life Cycle Management (CLM) based on its Completeness of Vision and Ability to Execute. Gartner evaluated 12 vendors on 15 criteria and positioned Icertis furthest right for its completeness of vision.Read the Report