The Solution
Leading legal organizations are turning to AI-powered contract management, 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.
Clause and template libraries
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, such as NDAs, without the support of legal. The system tracks if contract redlines are made so legal can get involved where needed.
Negotiation AI
Negotiations also move faster with a robust clause library with fallback and dependent clauses, version tracking, localization support, and one-click approvals.
Risk management AI
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.
Access associated contracts in one view
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.