Icertis is a prominent Cloud-based Corporate Contract Administration Platform. It offers comprehensive contract decision support by converting contracts into corporate strategy assets, providing global organizations with new powers to optimize income, minimize expenses, and manage risk. The firm was recently awarded the United States Microsoft Partner of the Year for 2022.
The organization was recognized among the global field of elite Microsoft associates for exhibiting excellence in the invention and execution of Microsoft-based client solutions.
Icertis has now collected $371 million in funding and has become a unicorn with more than a billion-dollar valuation.
About Icertis
With unequaled knowledge and category-defining innovation, Icertis pushes the boundaries of contract lifecycle management. The AI-powered, analyst-validated Icertis supports contract lifecycle management by organizing and connecting the critical financial documents that dictate how a firm runs.
The Icertis Contract Intelligence (ICI) platform, powered by AI and validated by analysts, claims to turn deals from static papers into a tactical advantage by organizing and combining essential contract information that specifies how a firm should thrive in its sector. Manish Darda and Samir Bodas launched the firm on March 27, 2009, and it is based in Bellevue, Washington, with offices throughout the Greater Seattle Area and the West Coast of the United States. Icertis is on a mission to become the contract intelligence platform for the globe and values fairness, openness, respect, teamwork, and execution.
Icertis pushes the frontiers of contract lifecycle management with unbeatable technologies and category-defining creativity (CLM). Today, Icertis is trusted by the world’s most iconic companies and disruptive entrepreneurs to completely implement the intent of their combined 10 million+ lucrative contracts worth more than $1 trillion, in 40+ languages and 90+ countries.
Icertis Recognition and Financials
Icertis is widely regarded as the industry’s undisputed leader in contract management software. Leading business analyst companies, industry groups, media outlets, partners, and customers have given Icertis’ contract management software high accolades for use, flexibility, and organization-wide capacity. Icertis’ bold vision, incomparable experience, and ongoing dedication to completely achieving the meaning of their contracts are trusted by the world’s most iconic companies and most revolutionary entrepreneurs.
The company’s portfolio includes honors such as Microsoft and other organizations’ Partner of the Year, CLM leader, mentions in Insider’s best companies to stake your career on the list, Forbes Cloud 100, AI 50, and so on.Icertis has received $371 million in investment across eight rounds.
Their most recent fundraising came from a corporate round on January 25, 2022. Icertis is backed by a group of 12 investors. The most recent investors include SAP and SoftBank Vision Fund. According to PrivCo, Icertis has a post-money value of $1B to $10B as of March 11, 2021.
Solutions Provided by Icertis:
- Icertis for Corporate Contracting
The company provides the client with the most intelligent way to structure and connect your contracts. The Icertis Contract Intelligence (ICI) platform, named the undisputed leader in contract lifecycle management by Gartner, Forrester, and Spend Matters, is created to accommodate teams to easily and thoughtfully work with contracts across the organization, converting them from static documents to strategic assets.
Companies can connect the dots across the enterprise thank to ICI’s seamless connections with premier line-of-business and efficiency apps such as Salesforce, Oracle, SAP, Microsoft Dynamics, and all major sourcing, procurement, PLM, project management, and CPQ solutions. To encourage broad acceptance, ICI is specially built for simplicity of use within the technologies your team is already using.
- For Finance and Compliance
With Icertis’ help, you can use the intelligence in your contracts to gain unprecedented insight across your whole business. The Icertis Contract Intelligence (ICI) platform provides the finance and compliance departments with unrivaled technology. Icertis technologies continue to push toward self-governance, with constant monitoring and intelligent rules that assure compliance and decrease risk automatically. Icertis offers unique knowledge in every form of procurement and the best opportunities to reach them to the processes and systems that touch them, allowing finances and compliance departments to connect the dots across the organization and deal with risks and advantages in real-time.
Why Icertis?
This can be relied on to keep businesses ahead of the competition. Icertis pushes the envelope of what’s possible with CLM with peerless technology and category-defining innovation. Icertis technologies continue to push toward self-governance, with constant monitoring and adaptive rules that assure compliance and decrease risk seamlessly.
It enables you to arrange and combine agreements and procedures to improve a business’s performance in unexpected ways. They provide the extensive understanding and sophisticated AI technologies that a customer needs to scale up rapidly, simplify contracts and procedures, complete transactions faster, and connect the dots across departments.
FAQs
Ans: Icertis is a prominent Cloud-based Corporate Contract Administration Platform.
Ans: It offers comprehensive contract decision support by converting contracts into corporate strategy assets, providing global organizations with new powers to optimize income, minimize expenses, and manage risk.
Ans: It enables you to arrange and combine agreements and procedures to improve a business’s performance in unexpected ways.
Ans: Icertis has received $371 million in investment across eight rounds.
Ans: Manish Darda and Samir Bodas launched the firm on March 27, 2009.
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