Corral spend with faster, safer processes using Icertis Contract Management.
The Icertis platform helps procurement professionals negotiate better deals and ensure supplier compliance.
The Icertis Contract Management platform is designed to make it easier for procurement professionals to negotiate better deals and ensure supplier compliance. Named one of Gartner’s “Cool Vendors in Procurement and Sourcing Technology” in 2015, Icertis Contract Management has helped numerous Fortune 500 companies and multinational enterprises increase commercial compliance, enhance productivity and improve contractual governance, strengthening supplier accountability and increasing the bottom-line.
Powerful-yet-simple tools, help manage requests, speed RFx processes, and monitor compliance – all through an intuitive dashboard that your team can adjust to fit their individual roles or working styles. The workflows and approvals in the Icertis platform are fully configurable, allowing authorized users to quickly and easily adjust policies and processes without requiring custom software development or additional resources. A secure, permissions-based collaboration portal simplifies negotiations and speeds time to contract. All of this leads to improved efficiency and productivity, freeing your team to spend less time on paperwork and more time thinking strategically.
The platform can also help your team plan more proactively, with timely notifications and alerts on expiring contracts, potential incentives and rebates, as well as seamless integration with popular ERP systems, like Microsoft Dynamics, SAP and Oracle. Smartlinks show all the related contracts for each agreement, including any Master Services Agreements, related scopes of work, change orders or other associated documentation.
A global pharmaceutical leader was using a fragmented, partially automated contract management system that was challenging to use and difficult to govern. The company adopted the Icertis platform to create a unified end-to-end system that integrates with its existing IT infrastructure. The improved visibility means the organization can better leverage sourcing agreements and lower costs.
Learn from the industry experts
Because the Icertis Contract Management (ICM) platform is built natively on Azure, we are in a prime position to leverage Azure capabilities including Cognitive Search, which uses AI to turn up more relevant search results than simple keyword matches.
The Icertis Experience for Teams was conceived as a way to improve the way contract stakeholders—in particular legal teams—collaborate on contracts.
If your organization handles complex sell-side contracts, read this free guide to improving contract management through an enterprise-wide system.
The Icertis Contract Management (ICM) platform is used by leaders across the HLS industry, including four of the world’s top seven pharmaceutical companies.