Leverage the data in your contracts for true insight across your entire organization.
The Icertis platform provides true insight into past, present and pending transactions and liabilities, across the organization.
Contracts form the basis of practically every financial transaction. They govern the terms of every payment received or made to a counter party. Putting that information to use, however, has traditionally been time consuming and difficult. Now, with the Icertis Contract Management platform it’s easy to leverage contracts to gain true insight into past, present and pending transactions, financial liabilities, and compliance exposure across your entire organization.
The best tools are the ones people actually use. The Icertis platform is designed for the modern workforce, providing an elegant, intuitive interface that can be modified to match individual roles or preferences and customizable alerts and notifications on expiry and payment dates as well as changes in vendor or customer credit status through integration with 3rd party services like Dun & Bradstreet and Thomson Reuters.
In the Icertis platform it’s simple to see who is owed what (commercial and non-commercial commitments) and by when. Obligations, terms and compliance records are automatically tracked and displayed via an intuitive, configurable dashboard. The platform is contract and language agnostic, which means you can track obligations across your entire enterprise, from any department, in any country. The Icertis Contract Management platform integrates seamlessly with other major business systems, like SalesForce, Oracle, SAP, Microsoft Dynamics, and all major sourcing, procurement, and CPQ solutions, providing you with a single, comprehensive view of your enterprise finances.
Learn from the industry experts
Pharmaceutical operations involve relationships with a mix of external stakeholders, which are typically defined by contracts–none more so than R&D.
Without a system to properly extract and track contract obligations at scale, large organizations run the risk of damaged customer relationships and poor commercial performance due to missed commitments.
Contract management is the process of organizing a body of contracts, templates and clauses to drive standardization and efficient retrieval.