Increase productivity, improve visibility and maintain total control of your contracts.
The Icertis platform helps legal teams work faster, smarter and more efficiently, with the visibility and insight to better manage risk and ensure compliance.
Today’s increased speed of business has put unprecedented demands on corporate legal teams, who are asked to reconcile, negotiate and approve contracts in record time. The Icertis Contract Management platform not only allows legal teams to work faster and more efficiently, it provides them with the visibility and insight to better manage risk and enforce compliance across an entire portfolio of contracts.
The Icertis platform has a variety of powerful, configurable tools to increase speed time to contract, including self-service contract creation wizards that can be modified by authorized users to easily adjust workflows, authoring rules and approval workflows without the need for custom development or additional IT resources.
Working with 3rd party paper is much easier with the Icertis Contract Management platform. Intelligent character recognition and integration with productivity tools like Microsoft Office make it simple to bring contracts into the platform and to identify clauses and terms that deviate from your own.
Negotiations move more quickly with a robust clause library with fallback and dependent clauses, version tracking, localization support and one-click approvals, plus support for all major mobile platforms and devices.
But the most powerful capabilities lie in the platform’s ability to help you track risk and compliance across a portfolio of contracts. Risk analysis reports, compliance and obligation tracking, plus customizable notifications and alerts keep you ahead of any potential problems. Users can quickly pull up associated contracts or documentation, like Master Service Agreements and subsequent scopes of work, providing a holistic view of each agreement and its dependencies. And all of this information is available from a simple, configurable dashboard.
Learn from the industry experts
A massive transformation is underway and the interest in managing information with technology–and enterprise contract management solutions in particular–is very high.
With AI, businesses are taking contracts to the edge – nearer the transaction, when they have a complete picture of the environment around the contract, enabling all parties to use the most up-to-date information.
Digital transformation is a necessity for businesses today, and contracts play an integral role in this process. Contracting is a truly horizontal activity, touching all facets of a business: Procurement, sales, finance, operations, and especially legal.
Get the latest analysis of the contract lifecycle management (CLM) market from Gartner Research and learn which vendors your organization should shortlist in an RFP.