Icertis Contract Management
Icertis Contract Management is a cloud-based contract lifecycle management platform that helps companies manage contracts across the organization. It centralizes contract data, automates contract processes, and provides visibility into contract performance and obligations.
contract-lifecycle-management
contract-automation
contract-analytics
Icertis Contract Management: Cloud-Based Contract Lifecycle Platform
Icertis Contract Management is a cloud-based contract lifecycle management platform that helps companies manage contracts across the organization. It centralizes contract data, automates contract processes, and provides visibility into contract performance and obligations.
What is Icertis Contract Management?
Icertis Contract Management is a robust, enterprise-grade platform for managing contracts across their full lifecycle. Here are some key features of Icertis CM:
- Centralized contract repository - Store all contracts and associated documents in a central, searchable repository with version control and audit trail capabilities.
- Workflow automation - Automate contract processes like request, approval, negotiation, signing with configurable workflow rules.
- Obligation management - Extract and track contractual obligations and set reminders for renewals, amendments, and performance.
- Reporting and analytics - Gain insights into contract performance with reporting dashboards and analytics around spend, savings, cycle times etc.
- AI for contract analysis - Leverage AI to classify contracts, extract key terms, and highlight risks.
- Integration capabilities - Seamlessly connect Icertis CM to your enterprise systems like ERP, CRM, eSignature solutions.
- Collaboration features - Facilitate collaboration between business users with annotation, chat and task assignment capabilities.
Icertis CM transforms legacy manual contracting processes into efficient, digital systems that unlock the strategic value of contracts enterprise-wide.
Icertis Contract Management Features
Features
- Centralized contract repository
- Automated contract workflows
- Contract performance and obligation tracking
- Customizable contract templates
- Collaboration and approval workflows
- Analytics and reporting
- Integrations with other business systems
Pricing
- Subscription-Based
Pros
Comprehensive contract management capabilities
Cloud-based and scalable platform
Improved contract visibility and compliance
Streamlined contract processes
Advanced reporting and analytics
Cons
Complex implementation and configuration
Steep learning curve for users
Potential high cost for larger enterprises
Limited customization options for smaller companies
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