Icertis Overview

Icertis tackles the complexities of contract lifecycle management with its AI-powered contract intelligence platform. This solution addresses key business challenges such as revenue growth, cost control, risk mitigation, and contract compliance. By automating and providing insights into contract processes, Icertis enables organizations to fully realize the intent of their commercial agreements. Trusted by 30% of the Fortune 100, Icertis supports businesses in over 90 countries, showcasing its global impact. The platform's AI capabilities streamline contract operations, offering analytics and performance tracking to optimize business relationships.

Use Cases

Customers recommend Sales Document Management, Collaboration, Negotiation Management, as the business use cases that they have been most satisfied with while using Icertis.

Other use cases:

  • Obligation Management
  • Compliance & Governance
  • Products & Pricelist Management
  • Workflow Management
  • Engaging And Following Up
  • Searching For Content
  • Performance Management
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Business Priorities

Increase Sales & Revenue and Manage Risk are the most popular business priorities that customers and associates have achieved using Icertis.

Other priorities:

  • Improve Efficiency
  • Improve Stakeholder Relations
  • Enhance Customer Relationships
  • Improve Visibility
See all business priorities See less business priorities

Icertis Use-Cases and Business Priorities: Customer Satisfaction Data

Icertis's features include Templates, Dashboard, Recording, etc. and Icertis support capabilities include Email Support, Chat Support, Phone Support, etc. also Icertis analytics capabilities include Custom Reports, and Analytics.

Reviews

"ICM has forced us to become more disciplined in the contract management process: Who does what, when." - Celine Arquizan

Icertis, ContractWorks, ContractSafe, CobbleStone Contract Insight, Outlaw, etc., all belong to a category of solutions that help Contract Management. Each of them excels in different abilities. Therefore, determining the best platform for your business will depend on your specific needs and requirements.

Icertis is the global leader in AI-powered contract intelligence, revolutionizing contract lifecycle management. Trusted by 30% of the Fortune 100, it helps control costs, mitigate risks, and ensure compliance.

Popular Business Setting

for Icertis

Top Industries

  • Information Technology and Services
  • Financial Services
  • Oil & Energy

Popular in

  • Large Enterprise
  • Enterprise
  • Mid Market

Icertis is popular in Information Technology And Services, Financial Services, and Oil & Energy and is widely used by Large Enterprise, Enterprise, and Mid Market.

Icertis Customer wins, Customer success stories, Case studies

What benefits does Icertis offer for Sales Document Management?

Why is Icertis the best choice for Collaboration?

How does Icertis facilitate Negotiation Management?

What benefits does Icertis offer for Obligation Management?

Why is Icertis the best choice for Compliance & Governance?

125 buyers and buying teams have used Cuspera to assess how well Icertis solved their Contract Management needs. Cuspera uses 4645 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific Contract Management needs.

CUSTOMERS TESTIMONIALS
Icertis testimonial

Celine Arquizan

Global Project Lead

Sanofi

ICM has forced us to become more disciplined in the contract management process: Who does what, when. Testimonial By Celine Arquizan
Icertis testimonial

William Main

Operations Cost and Contract Lead

MODEC Ghana Ltd

At MODEC, we are committed to delivering and safely operating high-quality, innovative platforms for the offshore industry. Icertis will enable us to better collaborate with our partners while reducing risk and improving regulatory compliance. Testimonial By William Main
Icertis testimonial

Tony Ulkekul

Head of Enterprise & Corporate IT

Microsoft

Leveraging the meta-data from Microsoft CRM, the Icertis platform automatically generates complex, multi-page, multi-clause licensing agreements in multiple languages and geographies with unprecedented speed and precision. Testimonial By Tony Ulkekul
CUSTOMERS TESTIMONIALS
Icertis testimonial

Celine Arquizan

Global Project Lead

Sanofi

ICM has forced us to become more disciplined in the contract management process: Who does what, when. Testimonial By Celine Arquizan
Icertis testimonial

William Main

Operations Cost and Contract Lead

MODEC Ghana Ltd

At MODEC, we are committed to delivering and safely operating high-quality, innovative platforms for the offshore industry. Icertis will enable us to better collaborate with our partners while reducing risk and improving regulatory compliance. Testimonial By William Main
Icertis testimonial

Tony Ulkekul

Head of Enterprise & Corporate IT

Microsoft

Leveraging the meta-data from Microsoft CRM, the Icertis platform automatically generates complex, multi-page, multi-clause licensing agreements in multiple languages and geographies with unprecedented speed and precision. Testimonial By Tony Ulkekul
 

Icertis Empowers World Vision to Streamline and Automate Procurement with Contract Intelligence

Icertis is helping World Vision improve and automate its procurement processes using contract intelligence technology.

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Accenture - Information Technology And Services

Accenture used Icertis Contract Management to improve contract lifecycle management. The company faced challenges with contract visibility and compliance. Icertis provided a cloud-based contract mana...gement platform. Accenture gained better control and efficiency in managing contracts. The solution helped reduce risks and improve compliance. The platform supported global operations and complex contract needs.

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XL Axiata - Telecommunications

Icertis Contract Intelligence helped XL Axiata digitize 200,000 contracts and automate 17 contract templates. The telecom company integrated Icertis with SAP and Coupa to improve contract visibility ...and compliance. XL Axiata now tracks contract obligations and streamlines procurement. The solution increased efficiency and standardized processes across the business. XL Axiata improved spend governance and ensured all contract terms are fulfilled.

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Vallen - Wholesale

Icertis Contract Intelligence helped Vallen cut contract cycle time from five days to minutes. The platform improved reporting, analytics, and cashflow by streamlining approvals. Vallen gained real-t...ime visibility into supplier contracts and rebates. The new system enabled faster revenue recognition and better risk management. User adoption was rapid due to easy training and usability.

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Mphasis - Information Technology And Services

Icertis Contract Intelligence helped Mphasis manage 98% of client contracts and 90% of SOWs on one platform. Mphasis automated 400 contracts per month, cutting end-to-end SOW review time by 35%. Manu...al contract tracking was replaced with digital workflows, speeding up approvals and revenue collection. The solution gave Mphasis better visibility into customer relationships and improved cost efficiency. Mphasis now explores AI-powered SLAs and CRM integration for further gains.

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Microsoft - Computer Software

Icertis Contract Management helped Microsoft manage over 1 million contracts. Microsoft needed a secure, scalable contract lifecycle management solution. Icertis provided a cloud-based platform that ...improved compliance and visibility. Microsoft saw faster contract turnaround and better risk management. The solution supported global operations and complex workflows.

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How conversational AI is changing contract management

Video Thumbnail

Frequently Asked Questions(FAQ)

for Icertis

What is Icertis?

Icertis is a cloud-based Contract Management platform that transforms contracts into business assets providing new capabilities to increase revenue, control cost, and manage risk. It is a unique platform built for enterprises looking to increase contract velocity and visibility not only in their sales deals closure but also to ensure maximum utilization of obligations from their procurement vendors too.

This platform features intelligent setup, contract operations, Governance, Risk & compliance, insightful reporting, contract analysis and dashboards. It also offers Business and AI applications that enable optimization of contractual foundation ensuring deals close faster.

It supports full lifecycle of contract management capabilities from contract setup, authoring, approvals, negotiations, execution and reporting. It provides with Blockchain framework that deploys permissioned, standard blockchain to address real-world business challenges.

What is Icertis used for?

Icertis is a Contract Management Software mainly used by its customers to Increase Sales & Revenue and Manage Risk by Sales Document Management, Collaboration and Negotiation Management .

What are the top features of Icertis?

Templates, Dashboard and Recording are some of the top features of Icertis.

Who uses Icertis?

Icertis is used by Information Technology And Services, Financial Services and Oil & Energy among other industries.

What are Icertis alternatives?

ContractWorks, ContractSafe, CobbleStone Contract Insight and Outlaw are popular alternatives for Icertis.

Where is Icertis located?

Icertis is headquartered at 2001 Gateway Pl, San Jose, CA 95110, US.
lightning

Peers used Icertis for sales document management and collaboration

Icertis Features

  • Low
  • Medium
  • High
FEATURE RATINGS AND REVIEWS
AI Powered

4.53/5 ★

Read Reviews (131)
Custom Reports

4.03/5 ★

Read Reviews (404)
Analytics

3.79/5 ★

Read Reviews (322)
CAPABILITIES RATINGS AND REVIEWS
AI Powered

4.53/5 ★

Read Reviews (131)
Custom Reports

4.03/5 ★

Read Reviews (404)
Analytics

3.79/5 ★

Read Reviews (322)

Software Failure Risk Guidance

?

for Icertis

Overall Risk Meter

Low Medium High

Top Failure Risks for Icertis

Icertis, Inc News

M&A

Icertis Acquires Dioptra to Strengthen AI-Powered Contract Management - Siliconindia

Icertis has acquired AI startup Dioptra to enhance its AI-powered contract lifecycle management (CLM) capabilities. The acquisition aims to improve automated contract review, redlining, and risk analysis, integrating Dioptra's technology into Icertis' platform. This move supports Icertis' goal of creating AI-first workflows, expediting legal and compliance processes. Dioptra's founders will join Icertis' product and engineering teams to further these developments.

Product

Icertis Advances Healthcare Solution with AI to Deliver Faster Time to Value for Providers | Icertis

Icertis has launched a next-generation contract intelligence solution for healthcare, integrating Vera AI to enhance physician contracting, supply chain performance, and payer agreements. The solution offers advanced reporting, negotiation, and obligation management tools, enabling healthcare providers to optimize operations, reduce risks, and improve compliance. Notable clients like Stanford Medicine and Sentara Health have achieved significant savings and operational efficiencies using Icertis' platform.

Product

Icertis Accelerates Contract Negotiations for Legal and Procurement Teams with NegotiateAI | Icertis

Icertis has enhanced its NegotiateAI application, integrating it with Microsoft Word to streamline contract negotiations for legal and procurement teams. The GenAI-powered tool offers automated clause edits based on company playbooks, reducing manual review time and improving compliance. This innovation accelerates deal closures, optimizes value, and minimizes risk, transforming contract negotiation into a strategic business advantage.

Awards

Icertis Maintains Top Position as Market-Leading Contract Lifecycle Management Vendor according to MGI Research | Icertis

Icertis has been recognized as the top contract lifecycle management vendor by MGI Research for the second consecutive year. The company excelled in product strength, contract complexity handling, and volume management. Icertis's platform, known for its scalability and AI-powered analytics, supports enterprises in regulated sectors and integrates with Microsoft Azure OpenAI. It remains a leader in CLM, trusted by over one-third of the Fortune 100.

Icertis, Inc Profile

Company Name

Icertis, Inc

Company Website

https://www.icertis.com/

HQ Location

2001 Gateway Pl, San Jose, CA 95110, US

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