Contract Intelligence for Retail

Leverage the full value of your contracts from every commercial relationship

At Icertis, we help retail and consumer goods companies transform contracts into structured, connected, and on-demand data. Allowing them to 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.

Retail & consumer goods companies face rapidly changing customer expectations, behaviors, and loyalty that drive new business models and increased digital engagement. To meet these challenges, key stakeholders from across the organization – including brand managers, category buyers, field sales, merchandising, sourcing teams, IT, legal and others – must think differently about their contracts and the benefits of digital transforming the processes.

Let's look at rebates as an example. With manual tracking, supply chain issues, and labor shortages, monitoring all the vendor rebate programs is challenging. ICI automates the reporting of rebates for suppliers and customers with an intuitive calculation engine. Automating rebate management allows retail & consumer goods companies to realize their total revenue commitments. Simply said, a company would need to sell an incremental $38M in toplines sales if they didn't collect on just $5M in already negotiated rebates!*

Transform static contracts into digital assets

Centralize and streamline contract management

AI learnings match preferred internal language & clauses

Real-time collaboration & notifications

Manage rebates & growth Incentives

Simplified dashboards to monitor KPI metrics

API first approach that integrates into third-party systems

Benefits

Introducing Contract Intelligence

Contract Intelligence allows you to transform contracts into structured, connected, and on-demand data that can be used for intelligent contract creation, automation, and insights. Allowing you to realize the full intent and maximize the value of every contract, clause, and obligation across the enterprise. Here are just a few of the benefits for the Retail and Consumer Goods Industry:

  • Accelerate Time to Revenue

    Dynamically analyze contracts and ensure their intent is fully realized; identify opportunities for better performance via rebates, service bundling or other contract entitlements

  • Improve Compliance & Risk

    Leverage AI-powered insights to ensure all agreements are in compliance and commitments are upheld, changing conditions dynamically trigger appropriate actions, and that new information makes the whole platform smarter and faster

  • Increase Efficiency

    Automate the creation, negotiation, and execution of compliant contracts in a fraction of the time to prevent unnecessary bottlenecks in the supply chain

  • Enhance Agility

    Empower your employees to pivot in response to supply chain disruptions quickly; expanding suppliers quickly to ensure products stay in stock

Featured Case Study

Best Buy deployed the Icertis Contract Intelligence (ICI) platform to accelerate its rebate and promotional contracting with key partners. With ICI fully implemented, the leading North American electronics retailer has improved contract turnaround time by 70%.

Trusted by these companies

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

Rebates & Growth Incentive Application

Manage complex rebate and growth incentive program management

The Rebates and Growth Incentive application enables organizations to take a smart, holistic approach to their rebates and incentive programs— allowing them to automate the calculation, reconciliation, and reporting of rebates for suppliers and customers.

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Icertis Sourcing Application

Place contracts at the center of the sourcing process

Ensure compliance, minimize risk, and create long-term strategic agility while gaining full visibility into supplier’s risk profile and ensuring compliance throughout the procurement process. 

Explore the Icertis Sourcing App

Icertis Collaboration Portal

Enable secure communication with your suppliers, customers and partners

The Icertis Collaboration Portal extends controlled access to the Icertis Contract Intelligence platform to outside organizations for more effective collaboration throughout the contract lifecycle.

Explore the Icertis Collaboration Portal