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Icertis Launches Vera to Power Contract Intelligence with Smarter AI

Vera Analytics

AI-Powered Contract Analytics to Gain Business Insights

Unleash AI insights that get smarter with each contract and contract-related document analyzed, uncovering business risk and opportunity at enterprise scale.

The Challenge

Manual Review and Analysis of Contracts Is Time-Consuming, Error-Prone, and Resource-Intensive

Critical rules of business are memorialized in the contracts that govern business relationships. However, due to the dense, legal language used in contracts, these rules are difficult to review and analyze at the speed of business. This makes it difficult to respond quickly to business needs and manage business performance via the powerful levers built into contracts, such as price adjustments, rebates, and risk and compliance measures.

The Solution

Vera Analytics: Quickly Ingest Contracts, Search for Information, and Perform Deep Analysis to Reveal Insights

Vera Analytics brings the power of GenAI to ingest contracts without requiring an implementation of the complete Icertis platform—delivering value on Day 1 of deployment. Whether organizations need to analyze one document or millions, Vera Analytics can scale to meet the needs of any enterprise. 

Documents are ingested and processed through stages, with OCR to make the content fully searchable, the extraction of attributes and clauses to enable powerful search, and language translations to view documents in a desired language. With documents in the platform and clauses and attributes discovered, Vera Analytics bubbles up insights that previously would have been virtually impossible to acquire.

Document Ingestion

Streamline Intake from Upload to Insight

Contracts can be quickly onboarded into the system through ad hoc uploads or integration with Azure storage. As documents are ingested, Vera Analytics converts scanned documents into searchable text, translates foreign-language contracts into English, extracts key data such as attributes and clauses, and establishes contract hierarchies.

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Insights

Find What Matters—Faster

Quickly locate critical contract information with AI-powered, context-aware search. Using natural language questions, users can surface relevant documents based on meaning, not just keywords. Whether you're identifying contracts impacted by trade tariffs or locating clauses tied to specific obligations, the platform delivers pinpoint results and links directly to the most relevant contract language. 

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Prompt Library

Generate and Share Powerful Prompts 

Unlock scalable, repeatable intelligence across contracting workflows with a prompt library that empowers users to describe their query intent in natural language, triggering agents to generate high-quality, context-aware prompts. Prompts can be tagged and linked to specific document types or attributes for ongoing use as business conditions and contractual landscapes evolve.

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Dashboard and Visual Search

See the Story in Your Contract Data

Unlock powerful insights through interactive dashboards and visual search capabilities that bring your contract data to life. With intuitive charts, graphs, and heat maps, users can explore data visually to spot trends, outliers, and compliance risks. Whether tracking obligations or identifying risk hotspots, the visual experience transforms how teams understand and act on contract intelligence.

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Benefits

Unlock Contract Value, Fast-With AI-Powered Insights That Drive Results

Vera Analytics is a powerful application that puts the power of vast contract data sets and AI analysis in the hands of business users to find value, reduce leakage, adjust to market conditions, or answer the next question to help drive business results.

Time to Value

Vera Analytics, as part of the Icertis platform, does not require the full implementation of Icertis to begin loading and analyzing contracts. As results and value are identified, the full power of the Icertis application can be enabled to memorialize that value and continue to recognize on an ongoing basis.

Executive Visibility into Contracts

Gain visibility into contract terms to help with examples such as revenue leakage, supplier spend optimization, mergers and acquisitions, and much more.

Optimize Financial Performance

Drive enterprise value and hit financial targets by capturing savings and revenue that your organization is already contractually entitled to.