What is Icertis?
Icertis provides a comprehensive contract intelligence platform that helps businesses realize the full potential of their contractual relationships. The platform leverages AI to structure and connect contract data, enabling organizations to drive revenue, control spend, improve compliance, and reduce risk across the enterprise.
Icertis Contract Intelligence offers best-in-class contract lifecycle management (CLM) capabilities, along with advanced AI-powered features and enterprise integrations, providing a single source of truth for all contractual obligations and insights.
Features
- Contract Lifecycle Management: Accelerate contract workflows by 83% or more.
- Contract AI: Uncover contract risk 40% faster with AI-powered copilots.
- ERP Integrations: Gain 8.6% more value from your contracts through enterprise integrations.
- NegotiateAI: AI powered negotiation.
- AI Studio: Streamline contract management processes.
Use Cases
- Drive revenue growth
- Control spend and reduce costs
- Improve contract compliance
- Mitigate contractual risks
- Streamline contract workflows
- Enhance contract negotiation
- Manage obligations
- Manage proposals
- Supplier Relationship Management
FAQs
-
What is Contract Management?
Contract management is the process of managing contracts and giving the organization a competitive edge. -
What is Contract Lifecycle Management?
Contract Lifecycle Management (CLM) refers to the comprehensive management of a contract's entire lifecycle, from initiation and creation through execution, performance, and renewal or expiration. -
What Is Contract Intelligence?
Contract intelligence goes beyond traditional contract lifecycle management (CLM) by leveraging artificial intelligence (AI) and data analytics to unlock valuable insights and strategic value from contracts. -
What is a Contractual Obligation?
A contractual obligation is a duty or responsibility that a party is legally bound to fulfill under the terms of a contract. -
What is Contract Performance?
Contract performance refers to the fulfillment of contractual obligations by all parties involved in a contract.
Related Queries
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Icertis Uptime Monitor
Average Uptime
99.85%
Average Response Time
465.2 ms
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