AI TOOL PROFILE
Icertis Contract Management Software
- Legal
- Legal Practice Management
- Enterprise companies
- Mid-market companies
- Fortune Global 500 organizations
- Large legal operations teams
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
At a glance
- Best for
- Enterprise companies, Mid-market companies, Fortune Global 500 organizations, Large legal operations teams
- Key use cases
- Contract Drafting and Negotiation, Obligation Management, Portfolio Risk Analysis, Enterprise System Integration
- Integrations
- SAP, Microsoft, Salesforce, Workday, Adobe
- Official website
- Visit Icertis Contract Management Software official website
How AI is used
Icertis is an AI-native contract intelligence platform designed for the scale and complexity of enterprise environments. It uses a dedicated AI engine, Vera AI, trained on a data lake of millions of contracts to provide industry-specific context.
The software is organized into three main functional areas: Engage for drafting and negotiation, Operate for lifecycle management and obligation tracking, and Analyze for surfacing risks and opportunities across a company's contract portfolio.
It is built for large-scale organizations and Fortune Global 500 companies that handle high volumes of agreements across multiple countries and languages. The platform is designed to integrate with core business systems to connect contract data with operational processes.
Buyers should confirm how the tool fits their specific internal governance needs and evaluate the integration requirements for their existing ERP or CRM setups.
Key Features
Vera AI Engine
An AI foundation trained on over 17 million contracts to support context-aware drafting and analysis.
AI-Assisted Drafting and Redlining
Supports the creation and review of contracts using playbooks and approved fallback positions.
Obligations Tracking
Designed to digitize and monitor contractual obligations to support policy enforcement.
Portfolio Risk Analytics
Designed to analyze contracts to identify compliance gaps, risks, and renewal opportunities.
Multi-Language Support
Supports contract management capabilities across 40+ languages and 90+ countries.
Use Cases
Contract Drafting and Negotiation
Using AI agents to draft and redline agreements based on organizational playbooks.
Obligation Management
Tracking and fulfilling contractual commitments across a supplier network.
Portfolio Risk Analysis
Reviewing a volume of existing contracts to identify risks or missed entitlements.
Enterprise System Integration
Connecting contract data to ERP and CRM systems for operational visibility.
Integrations
- SAP
- Microsoft
- Salesforce
- Workday
- Adobe
- Whatfix
FAQ
What is Icertis used for?
- Icertis is used to manage the contract lifecycle, including AI-assisted drafting, redlining, tracking obligations, and analyzing risks across a contract portfolio.
Who is Icertis designed for?
- The platform is designed for mid-market and enterprise companies, including those operating at the scale of the Fortune Global 500.
Does Icertis use AI for contract review?
- Yes, it uses Vera AI, which is trained on millions of contracts, to assist with drafting, redlining, and surfacing insights.
Source category: Legal
Source subcategory: Legal Practice Management
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