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Icertis

Icertis

Overview

What is Icertis?

Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Icertis boasts users…

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Recent Reviews

TrustRadius Insights

Users have praised the software for its ability to cater to their CMS software requirements and effectively manage different types of …
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Icertis Review

7 out of 10
October 05, 2023
Incentivized
We needed to centralize all our contracts in one place and centralize our contracting processes as much as we can. Icertis houses our …
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Great CLM

8 out of 10
October 02, 2023
Icertis is used to manage Supplier contracts for our Supply Chain team. It delivers a centralized workspace to manage the contract …
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ICertis Review

1 out of 10
December 01, 2022
Incentivized
Contract management. Product keeps contracts in one place and has a workflow for review, approvals and execution.
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Popular Features

View all 16 features
  • Contract creation (11)
    7.8
    78%
  • Contract database (11)
    7.5
    75%
  • Approval process (12)
    6.9
    69%
  • Contract sharing (11)
    6.8
    68%

Reviewer Pros & Cons

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Pricing

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N/A
Unavailable

What is Icertis?

Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs.…

Entry-level set up fee?

  • Setup fee required

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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What is INHUBBER?

Contract lifecycle management platform with cloud security, digital signature and AI-powered document management. AI helps customers simplify contract management by making it understandable, interactive and automated. Digital signature signs any file format along with text and images.

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Features

Contract Authoring

Features related to the contract authoring process.

7.2
Avg 8.3

Contract Collaboration

Features related to collaborating on contracts.

6.8
Avg 8.4

Contract Monitoring

Features that enable users to monitor the status of contracts.

6.7
Avg 8.5
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Product Details

What is Icertis?

Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Icertis boasts users among iconic brands and disruptive innovators who use Icertis to fully realize the intent of their combined 7.5 million+ contracts worth more than $1 trillion, in 40+ languages and 90+ countries.

Icertis Features

Contract Authoring Features

  • Supported: Contract creation
  • Supported: Contract templates
  • Supported: Clause library/saved fields
  • Supported: Integration to CPQ
  • Supported: PDF generator
  • Supported: Contract attachments
  • Supported: Guided logic

Contract Collaboration Features

  • Supported: Contract sharing
  • Supported: Contract editing
  • Supported: Contract merge
  • Supported: Collaborating on contracts
  • Supported: MS Word plug-in
  • Supported: Approval process
  • Supported: Parallel approvals
  • Supported: Interdepartmental workflows

Contract Monitoring Features

  • Supported: Contract database
  • Supported: VORs
  • Supported: Contract search
  • Supported: Contract milestone reminders & alerts
  • Supported: Custom contract reports
  • Supported: Tracking contract status
  • Supported: Salesforce integration
  • Supported: Compliance check

Icertis Screenshots

Screenshot of Intelligent Contract Set-up: Intelligent Contract Setup: Personalized, role-based experience for any type of user with flexibility models for complex organizationsScreenshot of Contract Operations: Self-service contracting with intelligent contract negotiations and bulk processing for quick responsesScreenshot of Governance Risk & Compliance: Enables users to proactively identify, assess and manage all contract risks and ensure the fulfillment of contractual obligations based on proactive insights from ICI’s compliance tools.Screenshot of Reporting & Dashboards: Improves visibility to reduces contract cycle times improve negotiation outcomes with dashboards and reportsScreenshot of Analyze Obligations: Obligations and fulfilments can be viewed from customized reports- across users, contract types, and statusScreenshot of Obligation Dashboard: Provides a 360-degree view of compliances with micro-actionable insights to the level of individual agreementsScreenshot of Supplier Onboarding: Identifies suppliers and onboard them- at the same time ensuring organizational compliance and reducing supplier risksScreenshot of Supplier Registration Identifies suppliers and onboards them at the same time to ensure organizational compliance and reducing supplier risksScreenshot of AI Studio Dashboard: Multiple sets of documents can be analyzed in a single action and contract intelligence generated for real-time decision-making.Screenshot of Discover AI: Uses AI to discover attributes and clauses by matching contract language in legacy and third-party contractsScreenshot of Visualize AI: Provides a view of the entire contract portfolio, navigate relationships to discover patterns

Icertis Videos

Introducing Icertis Contract Intelligence
The Icertis platform structures and connects contracts so business moves faster, with every intent realized and every obligation met.
Icertis Contract Intelligence for Consulting and IT Services is a tailor-made contract management solution leveraging AI to process contracts at scale while reducing risk and improving performance.
Every Contract Has a Purpose. When contracts go unfulfilled, potential goes untapped. Icertis aims to transform the contracting process so that the purpose of every contract is fully realized.
Icertis Contract Intelligence for Retail helps retailers and their supply chain partners deliver for customers around the world.
The ICI Promotions, Rebates and Royalties App. The ICI Promotions, Rebates & Royalties app Designed to maximize the return on promotional budgets and improve speed to market.
The ICI Collaboration Portal App, that expands the capabilities of the Icertis Contract Intelligence (ICI) platform.
The ICI Obligation Management App aims to reduce risk and improve compliance at enterprise scale.

Icertis Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android, Windows Phone, Mobile Web
Supported CountriesAustralia, Austria, Belgium(Dutch), Belgium(French), Brazil, Canada(English), Canada(French), China, Czech, Denmark, Finland, France, Germany, Great Britain, Greece, Hong Kong, Hungary, India, Israel, Italy, Japan, Korea, Latin America, Malaysia, Mexico, Netherlands, New Zealand, Norway, Norway, Poland, Portugal, Russia, Saudi Arabia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland(French), Switzerland(German), Taiwan, Turkey, United States(English), United States(Spanish)
Supported LanguagesArabic, Afrikaans, Albanian, Amharic, Armenian, Assamese, Azerbaijani, Basque (Basque), Belarusian, Bangla, Bosnian, Bulgarian, Catalan, Cherokee, Chinese (Simplified), Chinese (Traditional), Croatian, Czech, Danish, Dari, Dutch, English, Estonian, Filipino, Finnish, French, Galician, Georgian, German, Greek, Gujarati, Hausa, Hebrew, Hindi, Hungarian, Icelandic, Igbo, Indonesian, Inuktitut (Latin), Irish, isiXhosa, isiZulu, Italian, Japanese, Kannada, Kazakh, Khmer, K'iche', Kinyarwanda, KiSwahili, Konkani, Korean, Kurdish, Kyrgyz, Lao, Latvian, Lithuanian, Luxembourgish, Macedonian, Malay, Malayalam, Maltese, Maori, Marathi, Mongolian (Cyrillic), Nepali, Norwegian, Odia, Persian, Polish, Portuguese (Brazil), Portuguese (Portugal), Punjabi, Quechua, Romanian, Russian, Scottish Gaelic, Serbian (Latin), Serbian (Cyrillic), Sesotho sa Leboa, Setswana, Sindhi, Sinhala, Slovak, Slovenian, Spanish, Swedish, Tajik (Cyrillic), Tamil, Tatar, Telugu, Thai, Tigrinya, Turkish, Turkmen, Ukrainian, Urdu, Uyghur, Uzbek (Latin), Vietnamese, Welsh, Wolof, Yoruba

Frequently Asked Questions

SAP Ariba Contracts, PandaDoc, and Workday Strategic Sourcing are common alternatives for Icertis.

Reviewers rate Clause library/saved fields highest, with a score of 8.

The most common users of Icertis are from Enterprises (1,001+ employees).

Icertis Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)5%
Enterprises (more than 500 employees)95%
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Comparisons

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Reviews and Ratings

(47)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Users have praised the software for its ability to cater to their CMS software requirements and effectively manage different types of contracts. The software streamlines and digitizes the entire contract lifecycle management process, allowing users to author contracts without needing legal involvement for every interaction, resulting in time and cost savings. It has also been commended for its automation capabilities, including contract negotiations, the creation of relevant templates, and facilitating digital sign-off. Reviewers appreciate the ease of use, support, and service provided by the software. They have also found the search features and deviation approval setup to be helpful. Additionally, the software serves as a central repository for all contracts, allowing for easy search and retrieval of existing contracts and ensuring that validity and renewal terms are not missed. Users have seen improvements in contract turnaround time, contract status visibility, and audit integrity through the automation of contracting processes. The software also helps establish consistency, create a process where there was none before, and serves as a centralized repository for all contract documents. It provides an accurate audit trail, efficient governance of organizational rules, and demonstrates accountability. Furthermore, it offers meaningful insights from data for making business decisions and enables effective follow-up on all contracts. Overall, users find that the software saves time, centralizes data, is easy to use from anywhere, streamlines the contracting process, improves approval flow and document repository for faster turnaround on contracts. It enhances controls around the contracting process and delivers a transparent contracting process with accelerated time to value. The software is also scalable and allows for the use of templates for multiple types of agreements. It is used by various business teams enterprise-wide, supporting self-service and complex approval processes.

Users commonly recommend the following improvements and best practices for ICertis:

  1. Careful planning and process improvement: Reviewers suggest that the implementation of ICertis should be carefully planned and improvements should be made to existing processes to ensure a smooth transition and effective utilization of the tool.

  2. Integration with other technologies and improved user interface: Users recommend integrating ICertis with other technologies to enhance its functionality and efficiency. Additionally, they suggest improving the user interface for a more intuitive and user-friendly experience.

  3. Involvement of a business analyst and executive buy-in: It is recommended to involve a business analyst during the implementation process of ICertis to ensure proper understanding and alignment with business needs. Furthermore, getting executive buy-in is suggested for successful adoption and support throughout the organization.

Attribute Ratings

Reviews

(1-13 of 13)
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February 11, 2024

Still on the fence

Score 6 out of 10
Vetted Review
Verified User
Incentivized
We use Icertis in Sourcing and Vendor Management. We have just implemented with the rest of the team. Still trying to figure out how to updater some of the templates and how the Discover Clause will assist with our reviews prior to sending to legal.
October 05, 2023

Icertis Review

Score 7 out of 10
Vetted Review
Verified User
Incentivized
We needed to centralize all our contracts in one place and centralize our contracting processes as much as we can. Icertis houses our contracts. For now it is primarily to ensure they are all in one place.
October 02, 2023

Great CLM

Score 8 out of 10
Vetted Review
Verified User
Icertis is used to manage Supplier contracts for our Supply Chain team. It delivers a centralized workspace to manage the contract lifecycle and integrates effectively into Ariba and SAP, which were critical requirements for our organization. The tool allows us to track and report on our contracting throughput, cycle times, etc., while streamlining our processes.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
As the system admins, our team uses Icertis with several integrations to manage obligations and commitments for the end users. They are able to track their SLAs digitally and in real-time to receive credits for the business when their is downtime, etc. This was a really cumbersome process before they were in the system, and details were often overlooked. Now, we are saving the company time, and money with our favorite ICI feature- Obligation Management!
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Icertis has been a game-changer for our organization. It is a powerful contract management software that streamlines the entire contract lifecycle, from creation to execution. We use it to manage all of our contracts, including vendor agreements, NDAs, and more. The platform is user-friendly and easy to navigate, making it accessible to all members of our team.One of the key business problems Icertis addresses for us is the ability to easily track and manage contract expiration dates. This has helped us avoid costly contract renewals and stay compliant with regulatory requirements. Additionally, the platform's built-in analytics and reporting capabilities allow us to gain valuable insights into our contract portfolio, helping us make more informed business decisions.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We utilize Icertis for our end to end process flows from request until executed. We were having issues with having many processes outside of the system, and we were able to take advantage of the workflow in order to ensure a great audit history and ensure all contracts return to the systems post execution.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use Icertis enterprise-wide for a variety of agreement types. We process about 13k agreements a year. We have some self-service processes and some nonself services processes and Icertis can support both. We have some pretty complex approval steps and Icertis can handle the level of complexity we throw at it from an approval perspective. The only caveat I would share with any organization is that it can take a decent amount of work to maintain high levels of complexity and you want to make sure that you have the appropriate support for this.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Kemper uses Icertis for vendor agreement review workflow. It’s used as an agreement intake tool, legal and security review workflow, and as a repository for contracts. The procurement team also uses it for other purposes related to contract and vendor management.
Score 6 out of 10
Vetted Review
Verified User
Incentivized
It is being used by our legal department to manage contracts, and by other business teams (mostly sales) to request contract review. The goal was to have a platform that could house all contracts and allow us to also get data on those contracts (i.e., notice of expiration, tracking terms agreed to, etc.).
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