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, 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 does Icertis address your Sales Document Management Challenges?

What solutions does Icertis provide for Collaboration?

How does Icertis address your Negotiation Management Challenges?

Why is Icertis the best choice for Obligation Management?

What makes Icertis ideal 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

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 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
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

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 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 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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Vallen - Industrial

Icertis helped Vallen improve contract management across the company. Before Icertis, Vallen had no formal contract approval process and poor contract visibility. Icertis was implemented in 90 days a...nd now provides advanced analytics and fast contract access. Standard contracts now take minutes instead of days. Vallen can track vendor rebates and pass savings to customers. The platform gives full visibility into contract risks and dependencies.

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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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Merz Aesthetics - Pharmaceutical

Icertis Contract Intelligence helped Merz Aesthetics manage rapid growth. Their old contract system only supported the buy side and had many limits. Icertis, with SAP and PwC, gave them a single plat...form for all contracts. The system connects with SAP Ariba and Salesforce, making work faster and easier. Standardized workflows improved efficiency and cost savings. Sales reps can now create contracts in the field. The platform supports 30+ languages, helping Merz plan for global expansion.

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Multinational IT Company - Information Technology And Services

Icertis Contract Intelligence helped a multinational IT company digitize and speed up contract management. The company had over 7,000 legacy contracts and processed 300 contracts a month, facing slow..., manual processes. With Icertis, they moved 98% of client agreements and 90% of SOWs to the platform. They now digitize and automate over 400 contracts monthly. The company saw a 25% decrease in turnaround time for SOW review and can approve contracts and invoice faster.

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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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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: How AI-Powered Contracts Will Drive Savings

Icertis is leveraging AI to transform contract management, enabling enterprises to achieve significant savings through smarter negotiations. The company's AI-powered contract intelligence surfaces insights from agreements, helping businesses optimize supplier relationships and mitigate risks. Icertis Vera, their AI solution, has already delivered substantial ROI for clients, including a European telecom and a global pharmaceutical company. The platform enhances procurement efficiency by automating routine tasks while maintaining human oversight.

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M&A

Icertis acquires Dioptra to deliver AI-first contracting experience for legal Teams

Icertis has acquired Dioptra to enhance its AI-powered contract intelligence platform. This acquisition supports Icertis' long-term AI strategy, integrating Dioptra's tools for automated playbook creation and surgical redlining to improve contract operations. The move aims to transform contracts into strategic business assets, leveraging AI for enhanced negotiation and compliance processes. Dioptra's team will join Icertis to further develop AI capabilities, positioning the company as a leader in contract lifecycle management innovation.

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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.

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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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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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