Leading Winemaker Uncorks Enterprise Contract Management Platform to Accelerate Contracting Globally
SYDNEY, April 4, 2019 – Icertis, the leading provider of enterprise contract management in the cloud, today announced that Treasury Wine Estates, one of the world’s largest wine companies, deployed the Icertis Contract Management (ICM) platform to streamline, standardize and automate its contracting processes.
Treasury Wine Estates is using the ICM platform across its global operations to increase visibility among the numerous contracts it has with suppliers, distributors, customers, employees and stakeholders. The ICM platform provides Treasury Wine Estates with a consolidated contract management system that streamlines and simplifies its end-to-end contract execution process. With approver automation and digital signing, ICM enhances the end-user experience and provides greater oversight and reporting on the company’s contractual rights and obligations.
Treasury Wine Estates selected Icertis because of its ability to support its global operations across a number of countries and languages. The ICM platform supports multiple languages, region-based workflow variations, and use-specific templates across various types of contracts. This will support Treasury Wine Estates as it manages relationships with suppliers and customers across 70 countries while meeting the demands of local and global regulations.
“We are delighted to help Treasury Wine Estates pursue its vision of becoming the world’s most celebrated wine company,” said Samir Bodas, CEO and Co-founder of Icertis. “As companies look to grow, transforming their commercial foundation is imperative. Accelerating contract management is vital to keep up with the fast-paced innovation in today’s highly competitive markets.”
Icertis, the leading enterprise contract management platform in the cloud, solves the hardest contract management problems on the easiest to use platform. With Icertis, companies accelerate their business by increasing contract velocity, protect against risk by ensuring regulatory and policy compliance, and optimize their commercial relationships by maximizing revenue and reducing costs. The AI-infused Icertis Contract Management (ICM) platform is used by companies like 3M, Airbus, Cognizant, Daimler, Microsoft and Roche to manage 5.7 million contracts in 40+ languages across 90+ countries.
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Icertis is a Leader with the Highest Score in Current CLM Product Offering, According to 2019 Forrester Wave
The Icertis Contract Management (ICM) platform received the highest 5.0 score possible in 17 out of 22 current offering criteria–more than any other vendor evaluated.Read analyst report