Icertis and SAP deliver Contract Intelligence embedded in SAP solutions with one UX and out-of-the-box integrations.

ObligationsAI

Enhance Compliance and Efficiency with AI-Driven Contract Obligation Management

ObligationsAI simplifies contract obligation management with AI-powered discovery, tracking, and compliance automation. Leverage generative AI for real-time insights, timely execution, and risk mitigation at an enterprise scale. Ensure standardized compliance and streamline obligation workflows with a conversational interface for deeper context and actionable tasks.

The Challenge

Manual Tracking of Obligations and Entitlements Increases Risk and Revenue Leakage

Manual discovery of obligations in complex contract language is error-prone and inefficient. Without a consolidated system, data fragmentation and lack of collaboration hinder a single source of truth. Limited visibility into obligation fulfillment hampers the ability to measure and benchmark performance against contractual promises. These challenges increase risks, reduce efficiency and productivity, escalate costs, and ultimately impact profitability.

The Solution

ObligationsAI: AI-Powered Contract Obligation Management

The ObligationsAI application manages contract obligations and entitlements throughout their lifecycle, tailored to business rules for better outcomes. It standardizes compliance by discovering, operationalizing, and tracking obligations.

Generative AI simplifies the discovery, creation, and tracking of contractual obligations, facilitating timely execution and ensuring compliance while minimizing risks. Users can efficiently discover and understand obligations through a conversational interface, gaining in-depth insights into obligations, their context, and actionable tasks. This application helps protect organizations and ensures compliance at an enterprise scale.

Benefits

ObligationsAI Delivers Value, Compliance, and Efficiency

Maximize contract value, ensure compliance, reduce costs, and track objectives with AI-powered obligation management.

  • Risk Mitigation

    Ensure compliance to minimize reputational and financial risks and recover compensation for unfulfilled obligations or credits.

  • Operational Cost Savings

    Reduce operational and administrative costs by calibrating and linking supplier payouts to actual performance against promised obligations.

  • Value Realization

    Realize the full value of contracts through better measurement and management of entitlements and commitments.

  • Track Objectives

    Set up effective governance with measurable objectives for proactive actions and resolutions.

Features

Optimize Obligation Management with AI-Powered Efficiency

ObligationsAI streamlines discovery, fulfillment, and compliance tracking with generative AI, automated workflows, a predefined obligation library, and real-time dashboards for complete visibility and control.

  • Obligation Discovery and Tracking

    Generative AI discovers and creates contract obligations, ensuring no obligations are missed. Discovered obligations are easily converted into tasks with one click.

  • Seamless Obligation Fulfillment

    Time-and event-based obligations can be fulfilled through workflow that includes assignment, approval cycles, and tracking, with third-party integration options and evidence upload.

  • Predefined Obligation Library

    Users can access a library of predefined regulatory and compliance obligations, facilitating efficient obligation seeding.

  • Compliance Dashboard

    A comprehensive dashboard lets users monitor agreements, obligations, fulfillments, KPIs, and penalties, providing details on compliance status and facilitating better outcomes.

Featured PDF

Dive Deeper

Unlock the Power of AI to Manage Contract Obligations

Icertis ObligationsAI helps businesses stay ahead by automatically identifying, extracting, and tracking contractual obligations across all agreements. Reduce risk, improve compliance, and ensure every commitment is met with ease.

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