The Challenge
In complex, global business environments, the contractual relationships between partners, suppliers, and customers are critical. Traditional email-based collaboration approaches for contracts don’t measure up in the era of 24×7 real-time communication.
The Solution
Extend controlled access to the Icertis platform to other organizations so they can collaborate more effectively throughout the contract lifecycle. It enables secure communication with external parties like suppliers and customers more efficiently than traditional communication methods such as email. Third parties are granted access to their contracts online. They can submit contract redlines, review their contracts, upload compliance documentation, get alerts, and update obligation assignments without leaving the easy-to-use portal. The Collaboration Portal App enables all parties to work with a single source of truth and exchange data and documents more efficiently and securely. It allows organizations to leverage the platform to improve visibility and accuracy and ensures compliance in contract transactions.
Next Steps
Transforming contracts into structured, connected, and on-demand data is just the beginning. Discover the power of intelligent contract creation, automation, and insights to realize the full intent and maximize the value of every contract, clause, and obligation across the enterprise.