Contract Management for Consulting & IT Services
Stay Customer Focused as the Speed of Business Increases with Contract Intelligence
The Reality
Contracts define every aspect of your business
From client and partner agreements governing commercial models to employment, facility, and services contracts that regulate everyday business activities. To compete in a dynamic market, you need industry-specific contract intelligence—a disciplined, integrated approach to contracts that increases visibility and alignment, empowers your sales team with easy-to-use tools and templates, and reduces financial and legal risk.
The Solution
4 of the top 5 GSIs Choose Icertis Contract Intelligence
Contract intelligence tailored to consulting and IT services businesses enables you to unlock the data and information in all your contracts to make better-informed decisions, build stronger business relationships, and adapt quickly to fluctuating market conditions. The ability to aggregate and analyze data in agreements across your organization increases business agility, visibility, and velocity.
The Icertis platform addresses key challenges across the contract lifecycle by increasing visibility into obligations and dependencies to ensure you never miss a deadline or delivery due to unforeseen contractual issues. From connecting sell-side and buy-side contracts to aligning contract language with rate cards and billing milestones, Icertis Contract Intelligence (ICI) helps 4 of the top 5 GSIs move more quickly to optimize revenue while providing guardrails to protect business margins.
Featured Case Study
“Icertis Contract Intelligence has helped us improve contract compliance by streamlining and automating the way we monitor and manage SLA and SOW commitments, cutting what was a two-week contract cycle by 50 to 60 percent,” Sanjeev Prasad, CIO, Genpact.
Benefits
Accelerate your Consulting or IT Business
40%
Reduce contract turnaround time by 40%
100%
Visibility into all customer obligations
50%
Reduce contract administration costs by 50%
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Close Deals Faster
Automate workflows to have the right people see contracts at the right time and deliver material value in weeks, not months, with self-service contracts and accelerated approvals.
- Client, partner, and subcontractor agreements
- Third-party paper analysis
- Integrations with enterprise systems
- Artificial intelligence (AI) powered negotiation
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Proactively track customer obligations
Ensure you and your clients stay on track and meet the obligations of your mutual agreements with robust dashboards that give you real-time visibility into key performance metrics.
- Identify obligations and risks with AI-powered business applications
- Reduce penalties and obligation risk
- Track compliance obligations
- Enforce obligations
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Realize full contract value
Strengthen your operations with insights to meet contracting goals, reduce contract administrative costs, and ensure revenue recognition.
- Adopt the platform with ease
- Track bid versus actual with certified integration adaptors
- Gain end-to-end visibility of milestones
- Track bonuses and penalties
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Integrate seamlessly with enterprise technology
Icertis Contract Intelligence for Consulting & IT Services integrates seamlessly with business, sales, marketing, and transactional software from the world’s leading vendors, giving you better visibility into—and control of—contract data and information, wherever it resides.
On-Demand Webinar
Stay Client Focused with Contract Intelligence for the IT and Professional Services Industry
Join us to learn how purpose-built contract intelligence for this industry addresses common contract management challenges and drives efficiencies and compliance for risk reduction.
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Leading Consulting and IT Service Companies Trust Icertis
Companies are rethinking how they leverage the contracts that define their relationships with customers and partners. Learn how several companies structured, connected, and capitalized on critical contract information to accelerate commercial negotiations, increase compliance, and reduce stakeholder risk.
Next Steps
Explore Icertis Contract Intelligence
eBook
Contract Intelligence for Consulting & IT Services
Today, consulting and information technology (IT) services companies operate in a commercial environment defined by dispersed operations, amplified customer and employee expectations, and increased security needs. With these trends come an imperative to move faster, realize maximum value across all commercial activities, and proactively track customer obligations and fulfillment.
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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.
Icertis Obligation Management
Manage commitments and realize the full value of entitlements
Transform how your organization identifies, creates, manages, and fulfills obligations previously hidden in complex contract language with Icertis Obligation Management.