Icertis, a global contract intelligence company that drives innovation in contract life-cycle management (CLM), has been named a Leader in IDC MarketScape’s recent report on SaaS and Cloud-Enabled Buy-Side Contract Life-Cycle Management Applications. Icertis scored higher than most of its competitors in terms of strategies, capabilities and vertical expertise.
Icertis has built a large repository of business contracts and makes heavy use of AI capabilities to extract and surface actionable insights. It is also widely seen as an industry trendsetter due to its advanced-level discovery and data mining capabilities. This enables customers to enjoy increased revenue, cost reduction, compliance with regulations and risk management through their commercial contract agreements.
Apart from its pre-built solutions for specific industry verticals, Icertis also offers several integrations with leading S2P providers to further accelerate procurement processes. This is why the IDC MarketScape report states that companies should consider Icertis for their contract management needs.
Icertis is founded in 2009 by Monish Darda, who is its current Chief Technology Officer and Co-founder. It is one of the leading enterprise-grade contract management solutions today and has been recognized on the Forbes Cloud 100 list. Furthermore, its cutting-edge technology and innovation capabilities have also won it several accolades.
With Icertis’ help, organizations can reduce complexity in their contract lifecycles, automate document management processes and accelerate digital transformation. This allows them to protect their assets and intellectual property, capitalize on opportunities and improve their performance.
Overall, Icertis continues its legacy of industry-leading innovation and customer success by enabling enterprises to reap more value from each commercial transaction they make.
