Icertis

Icertis Contract Intelligence Platform

7.4 /10

What is Icertis Contract Intelligence Platform?

The Icertis Contract Management (ICM) platform is the leading contract management solution in the cloud. ICM’s easy-to-use, intelligent, enterprise-wide contract management software transforms the foundation of commerce by turning contracts into valuable corporate assets. The Icertis platform has powerful features that address all types of contracts, throughout the entire contract lifecycle, across the enterprise.

Company Details

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Awards & Recognition

Icertis Contract Intelligence Platform won the following awards in the Contract Lifecycle Management category

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1 Top Rated Capabilities

0 Top Rated Features

2023

4 Top Rated Capabilities

0 Top Rated Features

2022

Icertis Contract Intelligence Platform Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Icertis Contract Intelligence Platform.

77 Likeliness to Recommend

92 Plan to Renew

1
Since last award

72 Satisfaction of Cost Relative to Value

2
Since last award

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Emotional Footprint Overview

+80 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Icertis Contract Intelligence Platform?

8% Negative

7% Neutral

85% Positive

Pros

Trustworthy
Friendly Negotiation
Fair
Helps Innovate

Feature Ratings

Average 77

E-Signature

Contract Approval

Contract Authoring

Workflow

Clause Management

Reporting Analytics

Searchable Repository

Integration

Redlining

Obligation Management

OCR Support

Vendor Capability Ratings

Average 77

Ease of Implementation

Business Value Created

Vendor Support

Product Strategy and Rate of Improvement

Ease of IT Administration

Usability and Intuitiveness

Availability and Quality of Training

Quality of Features

Ease of Data Integration

Ease of Customization

Breadth of Features

Also Featured in...

Contract Discovery and Analytics

Score 6.8

View Icertis Contract Intelligence Platform in this category (opens in a new tab)

Icertis Contract Intelligence Platform Reviews

Yukio T.

Role: Finance
Industry: Electronics
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Nov 2023

Transforming Contract Management

Likeliness to Recommend

9 /10

What differentiates Icertis Contract Intelligence Platform from other similar products?

The platform's dashboard provides finance professionals an easy-to-use interface for monitoring contracts, including their status, payments, and important milestones. The platform's dashboard provides finance professionals an easy-to-use interface for monitoring contracts, including their status, payments, and essential milestones. It can provide visual representations that are life-saving. Generating financial reports has never been easier. Icertis lets you customize reports using financial KPIs, making data-driven decisions possible.

What is your favorite aspect of this product?

Automated notifications for payment milestones mean I can concentrate on strategic financial planning instead of chasing payment deadlines. Manual data entry often leads to errors. Icertis automates data capture to ensure data accuracy and compliance. The platform reduces manual labor and streamlines contract processes, resulting in significant cost savings. Icertis ensures compliance with regulations automatically. The search and analytics functions are powerful and allow for quick contract access, making audits and compliance checks easier.

What do you dislike most about this product?

To improve, it could expand our AI contract analysis, streamline workflows, and manage contracts more efficiently. This would simplify overall contract management.

What recommendations would you give to someone considering this product?

Automating contract processes has cut down on manual work, ensuring accuracy, decreasing mistakes, and freeing up time for strategic financial planning. The Icertis Contract Intelligence Platform is a valuable tool for financial professionals who want to streamline contract management and compliance. Keep in mind that you should carefully evaluate the platform to ensure it meets your specific business needs. Icertis Contract Intelligence Platform made handling financial contracts, tracking payments and maturities, generating financial reports, and automating contract-related processes simpler and better.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Role: Operations
Industry: Healthcare
Involvement: IT Development, Integration, and Administration

Validated Review

Anonymous Reviewer

Submitted Aug 2023

Great product. Would highly recommend

Likeliness to Recommend

5 /10

Pros

Effective Service
Caring
Continually Improving Product
Reliable

Role: Finance
Industry: Finance
Involvement: Initial Implementation

Validated Review

Anonymous Reviewer

Submitted Aug 2023

Amazing product but require faster service

Likeliness to Recommend

10 /10

Pros

Continually Improving Product
Reliable
Performance Enhancing
Enables Productivity

Most Popular Icertis Contract Intelligence Platform Comparisons

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Icertis Contract Intelligence Platform

What is Icertis Contract Intelligence Platform?

Company Details

Need Assistance?

Awards & Recognition

Icertis Contract Intelligence Platform Ratings

77 Likeliness to Recommend

92 Plan to Renew

1 Since last award

72 Satisfaction of Cost Relative to Value

2 Since last award

Emotional Footprint Overview

+80 Net Emotional Footprint

How much do users love Icertis Contract Intelligence Platform?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

E-Signature Native e-signature capabilities and/or integrations to 3rd party e-signature solutions.

Contract Approval Automated and hierarchical approval process from one or many approvers of a contract(s) within the CLM system.

Contract Authoring Creation of the contract with legal controls such as contract structure, required information, drafting parameters. Integration with MSFT Word is high value.

Workflow Solution allows business to automate approval and action routines for easy fast processing through the lifecycle.

Clause Management Presence of a clause library, ability to build clause libraries, AI overlay for review and analysis of contract clauses via Machine Learning

Reporting Analytics Perform analysis of contract portfolio and provide insights into the contract portfolio.

Searchable Repository Storage and indexing of contracts by various criteria, including meta-tagging capabilities. Online access to all personnel that need access to them

Integration Linkage from CLM to transactional systems such as order management systems, accounts payable systems, CRM, P2P/S2S, Legal Matter solutions, and risk management

Redlining Ability to redline agreements, with version control, and across various document formats.

Obligation Management Obligations, deliveries, SLA status, key event tracking of contract events through the CLM system

OCR Support Automated import of 3rd party and legacy agreements

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Also Featured in...

Contract Discovery and Analytics

Icertis Contract Intelligence Platform Reviews

Yukio T.

Transforming Contract Management

Likeliness to Recommend

Pros

Great product. Would highly recommend

Likeliness to Recommend

Pros

Amazing product but require faster service

Likeliness to Recommend

Pros

Most Popular Icertis Contract Intelligence Platform Comparisons

Oracle Fusion Cloud Procurement

PandaDoc Contracts

DocuSign CLM

Conga Contracts

Conga CLM

SAP Ariba

1
Since last award

2
Since last award

Feature Ratings

E-Signature

Contract Approval

Contract Authoring

Workflow

Clause Management

Reporting Analytics

Searchable Repository

Integration

Redlining

Obligation Management

OCR Support

Vendor Capability Ratings

Ease of Implementation

Business Value Created

Vendor Support

Product Strategy and Rate of Improvement

Ease of IT Administration

Usability and Intuitiveness

Availability and Quality of Training

Quality of Features

Ease of Data Integration

Ease of Customization

Breadth of Features