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
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.