NEW REPORT: The State of CLM and AI-Powered Contract Intelligence

Corporate Contract Management

Contract intelligence: an AI powered approach to managing your contracts.

Icertis Corporate Contract Intelligence can be configured to work on any kind of contract: buy-side, sell-side, employment agreements, lease, NDA, MoUs, M&A, or whatever your business requires.

The Challenge

Leverage contracts into strategic assets that generate revenue and minimize risk

Contracts form the foundation of the complex web of business relationships. And in a globally competitive marketplace, businesses can little afford to ignore maximizing the value of every one of those contracts.

Instead, leading organizations are transforming contracts from assets that are filed away into genuine strategic assets that significantly increase revenue, while minimizing risk and increasing compliance. With the right solution, contracts can become a powerful lever for improved enterprise risk management and optimized commercial performance.

WEBINAR

Turbocharging Legal Contract Transformation in the Age of Generative AI

Discover leading practices to incorporate into your contract process transformation for successfully employing a GenAI readiness roadmap.

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The Solution

Contract intelligence that uses AI to provide unprecedented visibility into contract relationships

Conventionally, contracts are viewed as belonging to one of three types, governing: what you buy, what you sell, and how you run.

The Icertis Contract Intelligence (ICI) platform builds on the strengths of contract lifecycle management software to bring all these contracts together in a single, enterprise-wide system. Icertis allows teams to easily work with any type of contract, across geographies—transforming them from documents that are filed away to strategic assets that can be leveraged.

Using AI, it digitizes legacy contracts and imports third-party contracts at scale, analyzing past negotiation history to gain insights for improvement, with deep data visualization capabilities that provide unprecedented visibility into contract relationships and performance. The platform can be adapted to match any business process or approval workflow, evolving with your business as needs change.

The Icertis Platform is specifically designed for ease of use within the tools a company already uses, leading to broad adoption improved compliance, and reduced risk. It seamlessly integrates with leading line-of-business and productivity applications like Salesforce, SAP, Microsoft Dynamics, and all major sourcing, procurement, PLM, project management, and CPQ solutions—letting teams continue working the way they are used to.

Use Cases

Icertis Corporate Contract Intelligence solution can be configured to work on any kind of contract: buy-side, sell-side, employment agreements, lease, NDA, MoUs, M&A, or whatever your business requires. The platform seamlessly integrates with the systems you already use, like Salesforce, Oracle, SAP, Microsoft Dynamics, and more. It can be configured and adapted to match any business process or approval workflow needed. 

Featured Case Study

​"From sourcing to contracting we have gained speed. But it has also made us safer. We have our risks transparent, we have our process transparent, and our buyers like the software. It’s easy to use."
Ulrich Ochmann
Product Owner Contracting, New Procurement System

Benefits

Corporate teams chose Icertis because:

  • It is adaptable.

    Configure it to suit processes already in use, instead of inventing new ones.

  • It is configurable.

    Making it easy for users to set up their own interface to suit the unique requirements of their role.

  • It is intelligent.

    With a contextual interface that makes it easy to analyze a portfolio of different types of agreements and quickly understand contract risks and interdependencies.

  • It is scalable.

    Able to manage any type of contract, for every part of the organization, with a single solution.

REPORT

The WorldCC Contract Management Benchmark Report 2023

This year’s WorldCC Benchmark Report surveyed hundreds of contracting professionals to track how organizations are progressing in their ongoing effort to improve contract management outcomes.

Get the Report

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.

Explore Icertis Contract Intelligence

Icertis Copilots

Accelerate your business with generative AI. Safely.

Icertis Copilots deliver a step-change in contract efficiency and insights by responsibly harnessing the transformational power of generative AI to turn commercial agreements into interactive assets to drive your business forward. ​

Explore Icertis Copilots

Integrate

Advanced automation and deep, native experiences

Seamlessly connect with your enterprise systems such as Microsoft, SAP and Salesforce to automate end-to-end business processes and enjoy a richer experience.

Explore Integrations