Icertis Company
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An Icertis Company is a American privately owned software company specializing in Contract Lifecycle Management (CLM) solutions.
- Context:
- It can (typically) offer Icertis Products, such as: Icertis CLM Platform.
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- It can enables enterprise businesses to automate, manage, and optimize their contracts through a comprehensive Software-as-a-Service (SaaS) platform designed to support complex contractual needs.
- It can integrate seamlessly with business systems like Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP) tools, creating a unified solution for managing contracts in complex enterprise environments.
- It can provides a range of solutions from basic contract management to advanced AI-driven contract intelligence, including document analysis, risk prediction, compliance management, and automated contract execution.
- It can focus on industries like automotive, healthcare, financial services, and technology, supporting clients such as Mercedes-Benz, Microsoft, and other Fortune 100 companies by streamlining their complex contract management and compliance workflows.
- Icertis serves customers in over 90 countries, managing more than 10 million contracts in 40+ languages, supported by robust data management and localization features that ensure compliance and consistency across regions.
- It can leverage strategic partnerships and investments from leading firms like SAP and Softbank to enhance its platform capabilities, expand market reach, and drive innovation in the CLM space.
- It can offer specialized solutions for contract lifecycle automation, third-party management, procurement, and supplier risk management, adapting to diverse use cases across industries.
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- Example(s):
- In 2016, Icertis secured a major client in the automotive industry by deploying its Icertis Contract Intelligence platform to Mercedes-Benz, transforming the automaker’s contract processes.
- In 2022, Icertis expanded its Contract Lifecycle Management (CLM) capabilities with AI-based insights to help enterprises forecast contract risks and manage compliance issues.
- In 2024, Icertis was named the #1 CLM vendor by MGI Research for its robust platform features and strong customer satisfaction.
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- Counter-Example(s):
- DocuSign, which primarily focuses on electronic signatures.
- Conga, which offers cloud-based document generation and reporting features.
- Evisort, a more recent competitor providing AI-powered document management.
- See: Contract Management Software, Artificial Intelligence, Compliance Management.
References
2024
- (Wikipedia, 2024) ⇒ https://en.wikipedia.org/wiki/Icertis Retrieved:2024-9-30.
- Icertis is an American privately owned software company that provides contract management software to enterprise businesses using a software-as-a-service model. The company, which was founded in 2009, is headquartered in Bellevue, Washington.
2024
- https://www.linkedin.com/company/icertis/about/
- Icertis is the global leader in AI-powered contract intelligence. The Icertis platform revolutionizes contract management, equipping customers with powerful insights and automation to grow revenue, control costs, mitigate risk, and ensure compliance—the pillars of business success. Today, 30% of the Fortune 100 trust Icertis to realize the full intent of millions of commercial agreements in 90+ countries.
- Website: [1](http://www.icertis.com)
- Industry: Software Development
- Company Size: 2,365 associated members
- Headquarters: Bellevue, WA
- Founded: 2009
- Specialties: Enterprise Contract Management, Contract Compliance, Contract Lifecycle Management, Contract Analytics, Contract Management Software, Procurement & Sourcing, Risk Management, Contract Management, Contract Intelligence, and Enterprise Contract Management Software.