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.
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.