Contract Intelligence for Procurement

Streamline the source-to-contract process for faster deals and reduced risk.

Corral spends with faster, safer processes using Icertis Contract Intelligence.

The Challenge

Deliver Value Far Beyond Cost Savings

Procurement is increasingly being asked to deliver value far beyond cost savings—transforming the way they work in order to protect and help the business perform at its best.

To meet these demands, procurement leaders are increasingly looking to drive greater value from their contracts. Contracts define relationships with suppliers, making them a critical linchpin for managing margins, risk, and compliance across global supply chains. It’s a big ask and one that procurement teams are addressing with the help of AI-powered contract intelligence.

The Solution

Enterprise contract intelligence that delivers total visibility and control across supplier relationships.

The Icertis Contract Intelligence (ICI) platform leverages the power of AI and contract lifecycle management (CLM) to give procurement organization the visibility and control they need to drive value across supplier relationships.

Icertis uniquely prepares procurement teams to better respond to new challenges and opportunities, negotiate better contracts, and have the visibility into suppliers and agreements that today’s global marketplace requires.

Icertis’ powerful-yet-simple contract management software helps procurement teams manage requests, speed RFx processes, and monitor compliance – all through an intuitive dashboard that adjusts to fit roles or working styles. Workflows and approvals are fully configurable, allowing authorized users to adjust policies and processes quickly and easily without requiring custom software development or additional resources. A secure, permissions-based collaboration portal simplifies supplier relationship management, compliance management, and collaboration with third parties, leading to improved efficiency and productivity.

Icertis is also the only contract lifecycle management (CLM) company with premium certified SAP Endorsed Apps status and is a Gold Partner in the SAP PartnerEdge program. What this means for procurement leaders is integrations of Icertis with trusted SAP procurement solutions including SAP Ariba, SAP Fieldglass, and SAP S/4HANA Buy-side. We’re bringing contract intelligence to the intelligence enterprise.

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

With Icertis Contract Intelligence, procurement teams enjoy:

  • Easy access to existing contracts through a single database when requesting and drafting agreements.

  • Advanced search functionality with the ability to search existing deals across metadata and attachments, including pictures and PDF files.

  • A clause and template library with legally approved templates and clauses. This makes it easier for the legal team to intervene when users deviate from standard templates.

  • Checks for contract compliance that automatically identify and escalate noncompliance issues to relevant parties.

REPORT

Icertis named a leader in the 2023 IDC MarketScape Report

Some of the biggest enterprises in the world continue to manage commercial relationships via spreadsheets and manual effort. There’s a better way: contract lifecycle management (CLM) software. Learn how CLM software is driving better outcomes for today's procurement organizations.

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 Contract Intelligence Copilots

Accelerate your business with generative AI. Safely.

Icertis Contract Intelligence 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 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