Icertis born in-the-cloud product wins Best Contract Management Solution award

September 27, 2013, Seattle, WA and Pune, India – Icertis, the leading provider of enterprise solutions in the Microsoft cloud, announced today that its flagship product Icertis Contract Management (ICM) – has won the Best software solution in contract management award at the 7th Express, Logistics & Supply Chain (ELSC) Awards held in Mumbai, India. This is the second year in a row where Icertis commitment and focus towards product innovation and development has been recognized at ELSC; Icertis Transportation Management won the Innovative Software Solution in Transportation award in 2012. The ELSC conclave is one of Asia’s largest end to end logistics and supply chain forum, that recognizes best practices in the supply chain sector.

 

Built on the Microsoft Windows Azure platform, Icertis Contract Management is designed to help enterprises manage their entire contract lifecycle, standardize the contracting process, manage risk, and improve overall contractual compliance. The cloud architecture delivers critical competitive advantage through rapid deployment, high ROI, enterprise scale and flexible deployment options on cloud, on-premise, and hybrid. Over the past two years the product has seen tremendous growth and top tier customers such as Microsoft, Janney Montgomery Scott LLC, bwin.party, Roche Diagnostics and MindTree are successfully using Icertis Contract Management on a global scale.

 

On receiving the award, Samir Bodas, CEO and co-founder, Icertis said, This is a special win for us and testimony to our product innovation, market understanding and significant benefits that our customers have seen. Given the global nature of today’s businesses, compliance and risk management have become critical to contract management. We have built advanced features into the product for strong governance on all contract types, improved compliance and risk mitigation competency allowing businesses to effectively manage their entire contracting lifecycle.

 

An independent research agency is accredited with the research for award nominees & winners. The conclave and awards are strategically guided by senior industry leaders who constitute the advisory council and drive the strategic content and decide the award winners in each category. This award is an industry acknowledgement of Icertis developing a world class contract management product on a cutting edge technology platform and delivering substantial business value to its customers, said Harish Bhatia, CEO, Kamikaze B2B Media and Project Managing Director, ELSC Conclave.

 

About Icertis

Icertis is one of the leading providers of enterprise solutions in the Microsoft Cloud. The company’s cloud-native products and services address specific enterprise business needs by fully leveraging the clouds elasticity, ubiquity, and availability. Icertis product suite includes comprehensive ERP-surround solutions for contract and compliance management, transportation management, public transport management, and fleet management. The products have flexible deployment models on-cloud, on-premises and hybrid options to ensure that diverse requirements for cost, compliance, and security are met. Icertis cloud-native services help customers build innovative, secure, and easy-to-use applications, leveraging prefabricated frameworks, adapters and modules to integrate data from multiple locations. Icertis products and solutions are deployed in multiple Fortune 500 companies and have received great reviews from both users and analysts alike. For more information, please visit www.icertis.com

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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