Innovative Nonprofit Replaces Manual Contract Management Processes
to Ensure Contractual Compliance
BELLEVUE, Wash., August 13, 2018 – Icertis, the leading provider of enterprise contract management in the cloud, today announced Central City Concern, a Portland, Ore., nonprofit serving people impacted by homelessness, poverty and addiction since 1979, selected the Icertis Contract Management (ICM) platform to serve as its foundational contract management system.
The ICM platform is at the center of Central City Concern’s digitization of its contract management processes to ensure contractual compliance across 36 different entities, 40 properties and almost 40 discrete programs. For nonprofits like Central City Concern, compliance with a range of strict regulatory requirements and guidelines is critical to maintaining funding and ensuring high-quality service delivery.
“To continue delivering innovative, outcome-based strategies that support personal and community transformation, we needed an end-to-end contract management system,” said Jeremy Wood, CIO of Central City Concern. “The ICM platform’s demonstrated ease of use and intelligent obligation management allows us to accelerate contract velocity, improve compliance oversight and enable proactive contract management.”
The ICM platform will manage Central City Concern’s grant obligations, partnership and lease agreements, certifications and purchasing contracts, while ensuring compliance with regulations like the Health Insurance Portability and Accountability Act (HIPAA), Public Health Service Act, U.S. Department of Health and Human Services requirements and Oregon Department of Justice statutes.
Central City Concern selected the ICM platform because of its ease of use, proven track record in end-to-end deployments, ability to monitor contractual obligations and intelligent risk mitigation. Additionally, their users will leverage eSignature seamlessly integrated into the ICM platform to help accelerate contract velocity.
“One person at a time, Central City Concern helps people achieve their highest potential and we’re proud to support them on their journey,” said Samir Bodas, CEO and Co-founder of Icertis. “It is truly an honor to be selected by a nonprofit organization known for its innovative approach to service delivery and commitment to community transformation.”
For more information about Icertis, visit www.icertis.com.
Icertis, the leading provider of enterprise contract management in the cloud, solves the hardest contract management problems on the easiest to use platform. Icertis helps companies transform their commercial foundation ensuring compliance, improving governance, mitigating risk and enhancing user productivity, thereby improving the bottom line. The Icertis Contract Management (ICM) platform is used to manage 5+ million contracts by 2+ million subscribers at companies like 3M, Daimler, Microsoft, Roche and Wipro in 40+ languages across 90+ countries. The AI-powered platform allows customers to increase contract velocity and agility, proactively manage entitlements and obligations as well as surface commercial insights and intelligence.
Director of Corporate Communications, Icertis
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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