Streamline procurement with contract intelligence.
The solution enables procurement contracting transformation integrating with the Enterprise Contract Management (ECM) module. Customers can quickly streamline their buy side contracting, optimize procurement processes, maximize contract value realization, and reduce risks.
By Icertis Inc.
Overview
Streamline source to contract processes
Enhance user experience, personalization, collaboration and efficiencies in source to contract processes with seamless integration with SAP S/4HANA, across linked sourcing projects, supplier quotations, legal transactions and contracts.
Increase value realized in negotiations
Empower your procurement team to negotiate the best commercial terms by recommending appropriate clauses from library, thereby increasing the opportunity for negotiated savings.
Ensure master data integrity
Reduce errors, rework, and master data synchronization time in real-time and batch-based modes, with flexibility to add attributes as per customer requirements.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry
Compatibility
Works with
Features
Enable intelligent contract setups
Flexibly model complex organizations, global business relationships, and contracting processes to adapt to ever-changing business dynamics. Deploy enterprise-grade security and administration to manage highly sensitive confidential contracts.
Streamline contract operations
Efficiently manage the complete contracting lifecycle to reduce cycle times, increase negotiation effectiveness, and manage contracts at scale. Leverage simplified contract administration tools for effective workflow and governance.
Improve governance, risk, and compliance
Proactively identify, assess, and manage all contract risks and ensure the fulfillment of contractual obligations based on proactive insights from ICI’s powerful compliance tools.
