Contract Risk Management
Reduce business risk enterprise-wide with intelligent contract risk management software to continuously discover, assess, and monitor risk
The Challenge
Manual Contract Management Lacks Continuous Risk Visibility
Risks are an inherent part of business operations. If not managed proactively, they can have a devastating impact on business continuity, brand reputation, financial loss, cash flows, or/and loss of customer trust. Often, risk originates during the process of onboarding new customers or suppliers and entering into contracts that do not fully account for the business and regulatory environments involved. Companies with manual contract management processes lack the visibility necessary to proactively identify and manage contract risk on an ongoing basis.
The Solution
Icertis Risk Management App
Built on the Icertis Contract Intelligence (ICI) platform, the ICI Risk Management app brings a paradigm shift in the management of business risks. The app offers a process-oriented, organization-wide solution to stay on top of all potential risks that a business faces – whether they emanate from the potential insolvency of a counter-party, payment default by a customer, supply disruption due to a pandemic or natural disaster, logistics blockades due to localized conflicts, or other market turbulence.
The Benefits
Gain Risk Visibility and Response Agility with Contract Risk Management
Next Steps
Explore Icertis Contract Intelligence
Icertis Contract Intelligence
Standardize, streamline, and automate every contract – everywhere
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.
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