Contract Intelligence for Legal

Increase productivity, improve visibility, and maintain total control of your contracts.

For Legal Departments, Contract Intelligence is critical as it streamlines contract management by automating critical contract data review, extraction, and analysis. It enhances efficiency, reduces risks associated with oversight, and enables better-informed decision-making, empowering legal teams to focus on higher-value tasks and strategic initiatives.

The Challenge

Strategic legal departments hindered by non-strategic contract processes. Manual reviews slow down business and create risk.

Today’s legal departments are expected to be more than “protectors” of the enterprise– they are expected to be strategic partners leveraging their expertise to help their organizations move at the speed of commerce while improving enterprise risk management.

Contracts are a critical part of responding to this new reality: Contracts are one of the most common touchpoints between legal and the business, and organizations are looking to legal to innovate on how to make these powerful agreements a more strategic part of the enterprise.

Yet for many enterprises, contracts have remained static documents as the business around them has digitized. For legal, this can create the perception that they are slowing business down while also creating risk across the enterprise.

The Solution

Leading legal organizations are turning to AI-powered contract intelligence, Icertis Contract Intelligence delivers enterprise-wide control and visibility of your contracts.

Icertis’ advanced, AI-powered contract lifecycle management (CLM) technology is used by legal departments at some of the most iconic enterprises in the world to achieve faster contract turnaround time and better risk and compliance management.

Icertis’ contract management software starts with easy-to-use, centralized clause and template libraries that enable legal to get a handle on what contract language is being used in the business. From there, teams can extend contract management self-service to non-legal users so they can generate standard contracts on their own without the support of legal. The system tracks if contract redlines are made so legal can get involved where needed.

Featured Case Study

“There’s now a one-stop shop for the business to be able to go through and get the right template and get it signed. It’s very low-touch from the legal perspective.”
Simon Anolick
Director Legal Counsel, HERE Technologies

Negotiations also move faster with a robust clause library with fallback and dependent clauses, version tracking, localization support, and one-click approvals.

But the most powerful capabilities lie in the platform’s AI-powered ability to help you improve risk management and compliance management across a portfolio of contracts after contracts are signed. Risk analysis reports, compliance and obligation tracking, plus customizable notifications and alerts, keep you ahead of any potential problems. The system becomes a critical compliance management system for the organization.

Users can quickly pull up associated contracts or documentation, like master service agreements and subsequent statements of work, providing a holistic view of each agreement and its dependencies. All of this information is available from a simple, configurable dashboard.

Benefits

83%

Microsoft empowered its employees to create their own procurement agreements, accelerating simple SOW creation time by 83%

80%

Ferring Pharmaceuticals leveraged Icertis template management tools reduce commonly used templates by 80%

70K

HERE Technologies leveraged Icertis AI to digitize 70,000 legacy contracts

REPORT

Finding CLM Value for Legal in the Age of Generative AI

For 16 years, the annual Law Department Operations Survey has been the go-to resource for legal operations leaders seeking to stay ahead of the curve. In this supplemental report, we dive deeper into the top findings from the survey - including how legal ops professionals are responding to the seismic impact generative AI has on legal and the quickly evolving field of contract lifecycle management.

Explore the Findings

Next Steps

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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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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. ​

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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.

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