Contract Intelligence for Media

Digitally transform artist, distribution, merchandising, and workforce agreements and realize full contract value across the enterprise

Optimize spending and growth and manage risk by connecting data and processes to gain insights into commitments, royalties, and payments associated with content acquisition, digital rights management, production, vendors, distribution, marketing, and merchandising across global businesses.

The Reality

Technology-driven content creation, distribution and consumption platforms, and ever-evolving consumer behavior challenge media companies to reimagine every business process, including contract management.

The creative industry must differentiate its offerings and delight customers during significant and accelerating digital transformation to address this changing landscape. Media organizations are tested to keep pace with change and manage risk associated with contractual commitments due to substantial variability in artist deals, digital rights, distribution network complexity, and myriad consumer options.

The Solution

Make informed decisions quickly with comprehensive contract insights.

Icertis Contract Intelligence is the foundation of digital transformation for media companies to optimize spending on talent, content acquisition, and production. It also can help accelerate revenue and margin growth via distribution and rights management. Harnessing the value of contract data is a critical building block for the creative industry’s success in integrating business systems across the organization, delivering on artist, vendor, and customer experience expectations, and – crucially – protecting the business against cost overruns, leakage, missed obligations, and risks.

Featured Case Study

Bertelsmann Group IT Sourcing was able to deploy ICI rapidly thanks to the solution’s cloud architecture and agile project approach. Ulf Meyer, Senior Director of Contract Lifecycle Management, Group IT Sourcing, says that Icertis has delivered all the functionality promised during the selection process.

Read the Customer Story

The Benefits

Optimize spending, ensure compliance, and automate and connect Media operations enterprise-wide.

  • Analyze artist and participant performance against contractual obligations.

  • Standardize and integrate with a single platform to create, negotiate, and approve all contracts across artists, participants, suppliers, partners, distributors, and customers.

  • Accelerate contract processes with intelligent contract setup, guided negotiations, and automated workflows.

  • Improve CX across enterprise systems and processes with deep, out-of-the-box integrations with buy and sell-side transactional systems, e.g., SAP, Salesforce, Workday: 160+ open API endpoints.

  • Improve vendor relationships with complete visibility into artist and participant contracts and workflow automation for effective vendor management.

  • Protect against risk by standardizing and automating contract processes across the business, ensuring artists' and participants' performance against contract intent.

  • Unlock insights with powerful AI to discover data and analyze contracts across the enterprise.

  • Grow revenue by acting on insights from content distribution, digital rights, merchandising, placement, and advertising.

  • Optimize spending through the auto-discovery of deliverables, royalties, payment terms, and advances and streamlined rental and location agreements.

  • Forecast liabilities and manage accruals by linking contract royalty insights to payment calculations.

  • Improve compliance through integration with downstream systems for payout calculations creating an audit trail for clear traceability and reconciliation.

Use Cases

Put contract intelligence for the creative industry to work to realize transformation goals and drive business performance.

  • Manage risk with data insights.

    Harness the power of contract data and AI for visibility into obligations and liabilities that underpin Media business continuity, financial performance, and reputation. Scale and optimize every step of the contract management process for proactive monitoring and enterprise-wide risk management.

  • Fuel business performance with faster contract management

    Scale and optimize every step of the contract lifecycle to ensure faster contract management by closing deals more quickly and optimizing spending. Execute procurement and finance processes promptly and in compliance for consistent revenue lifecycle management from source to pay. 

  • Connect Media operations with unified CLM

    Connect functional areas with a contract intelligence platform as the connective tissue between functional areas, breaking down silos, reducing friction, and democratizing the data in contracts for shared visibility into contracts and profitability.

  • Transform contract management processes with automation and AI

    Automate and standardize end-to-end contract processes from contract creation to negotiations to reporting with AI-powered contract intelligence to improve artist, vendor, and distribution partner relationship management, reduce enterprise risk, and unlock contract insights.

  • Manage international engagements

    Globally manage rights contracts in different languages, and royalty flows from various distribution channels.

  • Leverage generative AI

    Accelerate the contract review process by 40% while reducing risk using generative AI to compare contract language to a company’s predefined risk parameters based on the contract type.

Meet the Media and Technology companies already benefiting from Contract Intelligence

Trusted by these Media and Technology companies.

Learn from companies achieving operational excellence with contract intelligence to optimize and transform relationships across vast networks of artists, vendors, partners, and customers that support and rely on their services.

Next Steps

Discover the depth of Icertis Contract Intelligence for Media Enterprises.

Value Calculator

Realize the full value of every contract

Estimate the business value you could achieve with Icertis. Use our interactive calculator to see a breakdown, by area, for your organization.

Explore Icertis Value Calculator

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 ExploreAI

Bringing the power of generative AI to enterprise contracting, responsibly

Icertis ExploreAI is your next-gen AI-powered Contract Intelligence Partner, with generative, assistive, natural language capabilities that enable even greater customer value from unstructured and structured contract data, connected across the enterprise.  

Explore Icertis ExploreAI

Icertis Risk Assessment Copilot

Accelerate contract reviews by 40% with generative AI

The Icertis Contract Intelligence (ICI) Risk Assessment Copilot, powered by the Icertis ExploreAI Service, significantly accelerates the contract review process while reducing risk by using AI to compare contract language to a company’s predefined risk parameters based on the contract type.

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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 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.

Explore Icertis Obligation Management