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

"The Icertis Contract Management platform will accelerate a process that used to take weeks thereby improving revenue recognition, gaining efficiency and delighting our customers. The ICM platform equips our team with an intelligent, enterprise-wide ...solution that allows us to optimize our commercial relationships and speed time to revenue." - Spencer Hanlon

Icertis, ContractWorks, ContractSafe, CobbleStone Contract Insight, ContractZen, 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

How can Icertis enhance your Sales Document Management process?

How can Icertis enhance your Collaboration process?

How can Icertis optimize your Negotiation Management Workflow?

How can Icertis optimize your Obligation Management Workflow?

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

Spencer Hanlon

Chief Operating Officer

Airplus
The Icertis Contract Management platform will accelerate a process that used to take weeks thereby improving revenue recognition, gaining efficiency and delighting our customers. The ICM platform equips our team with an intelligent, enterprise-wide solution that allows us to optimize our commercial... relationships and speed time to revenue.

Testimonial By Spencer Hanlon
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

Spencer Hanlon

Chief Operating Officer

Airplus
The Icertis Contract Management platform will accelerate a process that used to take weeks thereby improving revenue recognition, gaining efficiency and delighting our customers. The ICM platform equips our team with an intelligent, enterprise-wide solution that allows us to optimize our commercial... relationships and speed time to revenue.

Testimonial By Spencer Hanlon
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 - Management Consulting

Icertis Contract Intelligence helped Accenture transform its legal contracting process. Accenture's legal team, with 3,000 professionals in 46 countries, managed thousands of complex, multilingual co...ntracts each month. The Icertis platform provided a single solution for contract management, digitization, and approvals. Features included automated routing, electronic signatures, a clause library, and advanced analytics. Accenture gained a 360-degree view of contracts, streamlined workflows, and improved deal closure tracking with advanced dashboards.

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Cognizant - Information Technology And Services

Icertis Contract Intelligence helped Cognizant digitize contracts controlling 82% of its revenue. The company replaced slow, manual contract processes with a centralized, self-service platform. Now, ...executives have a 360-degree view of contracts and automated tracking of obligations. A small team manages contracts representing 85% of revenue, achieving over 90% compliance. The system improved service delivery and made contract data accessible to all stakeholders.

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Healthfirst - Insurance

Icertis helped Healthfirst centralize and automate provider and vendor contract management. Healthfirst faced challenges with scattered contracts and compliance as they grew. Icertis provided a singl...e platform, integrated with Workday, to manage contracts and improve visibility. Healthfirst processed over 10,000 provider contracts and imported 30,000 legacy contracts. The solution reduced contract review time and freed up resources for more valuable work. Executives now have real-time access to contract information, supporting Healthfirst's growth and compliance.

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Hewlett Packard Enterprise - Information Technology And Services

Icertis helped Hewlett Packard Enterprise centralize contract management. HPE replaced three systems with one, cutting IT complexity. Contract creation time dropped from weeks to minutes. Over 100,00...0 contracts are now managed in Icertis. HPE improved compliance, visibility, and efficiency. The company is now ready for growth with a single source of truth for contracts.

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Investors Title - Insurance

Icertis Contract Intelligence helped Investors Title automate and centralize contract management. The company needed a better way to manage contracts across departments and subsidiaries. Icertis prov...ided a single source of truth, improved search, and integrated risk assessment. Investors Title reduced contract execution time and template creation time. The solution scaled with their growth and improved vendor onboarding. Dashboard reports and alerts help manage renewals and milestones.

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How conversational AI is changing contract management

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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 ContractZen 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

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.

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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.

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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.

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Product

Icertis Launches Vera to Power Contract Intelligence with Smarter AI

Icertis has launched Vera, an AI-powered contract intelligence platform designed to enhance contract understanding and management. Vera leverages a semantic knowledge graph to interpret contract terms and relationships, offering tools like Vera Analytics and Vera Agents to improve contract value and compliance. This launch positions Icertis as a leader in AI-driven contract management, with Accenture as a flagship customer using Vera to transform legal operations.

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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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