Associated tags: ICI, CLM, 1,000,000, Icertis, AI, Risk management, Microsoft, Commerce, ERP, Cryptocurrency, Automation, SAP
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Sales Icertis , the global leader in AI-powered contract intelligence, today announced a new partnership with Evisort to accelerate customers’ journey to contract intelligence.
Key Points:
- Icertis , the global leader in AI-powered contract intelligence, today announced a new partnership with Evisort to accelerate customers’ journey to contract intelligence.
- This strategic partnership enhances value from the Icertis platform, enabling new and existing Icertis customers to leverage Evisort’s contract-specific AI engine to accelerate the ingestion and analysis of contract data to deliver actionable insights and optimized workflows.
- I am excited to announce our partnership with Evisort so our joint customers gain material and unique value from the power of Icertis Contract Intelligence and Evisort AI."
- "Achieving contract intelligence requires a robust central platform for structured and connected contract data that can be mined for insights by artificial intelligence.
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Voice of the customer Icertis , the global leader in AI-powered contract intelligence, today announced its recognition on the 2024 Americas’ Fastest Growing Companies list by the Financial Times.
Key Points:
- Icertis , the global leader in AI-powered contract intelligence, today announced its recognition on the 2024 Americas’ Fastest Growing Companies list by the Financial Times.
- Icertis ranked #227 on the prestigious list of 500 companies across 20 countries in North, Central, and South America.
- Icertis is trusted by more than 30 percent of Fortune 100 companies as the single source of truth for their commercial relationships across millions of contracts in 90+ countries.
- This recognition from the Financial Times adds to a multitude of Icertis achievements, demonstrating ongoing success in building a consequential and enduring company.
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Lifecycle management Icertis , the global leader in AI-powered contract intelligence, received the highest 360-degree rating from MGI Research in the firm’s latest Contract Lifecycle Management (CLM) Buyer’s Guide, earning the top position among CLM vendors.
Key Points:
- Icertis , the global leader in AI-powered contract intelligence, received the highest 360-degree rating from MGI Research in the firm’s latest Contract Lifecycle Management (CLM) Buyer’s Guide, earning the top position among CLM vendors.
- “2023 was a landmark year for Icertis in terms of performance and growth.
- The company remains one of the leading CLM options for complex, multi-national enterprises looking to address their contract management challenges,” said Andrew Dailey, Managing Director, MGI Research.
- By structuring contract data and connecting it to core business operations, the Icertis Contract Intelligence platform leverages the power of AI and the Icertis Data Lake of more than 10 million contracts to grow revenue, control costs, mitigate risk, and ensure compliance for the world’s largest enterprises.
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Magic Icertis , the global leader in AI-powered contract intelligence, is recognized as a Customers’ Choice vendor in the 2024 Gartner Peer Insights™ Voice of the Customer for Contract Life Cycle Management (CLM) report.
Key Points:
- Icertis , the global leader in AI-powered contract intelligence, is recognized as a Customers’ Choice vendor in the 2024 Gartner Peer Insights™ Voice of the Customer for Contract Life Cycle Management (CLM) report.
- Icertis placed in the top right quadrant based on the company’s customer ratings for overall experience, user experience, and adoption.
- This distinction follows Icertis’ four-time recognition as a Leader in the Gartner® Magic Quadrant™ for Contract Life Cycle Management .
- Gartner, Voice of the Customer for Contract Lifecycle Management, Peer Contributors, 22 March 2024
Gartner®, Magic Quadrant and Peer Insights™ are trademarks of Gartner, Inc. and/or its affiliates.
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Sales Icertis , the global leader in AI-powered contract intelligence, today announced it was named a winner in the 2024 Artificial Intelligence Excellence Awards program led by the Business Intelligence Group.
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- Icertis , the global leader in AI-powered contract intelligence, today announced it was named a winner in the 2024 Artificial Intelligence Excellence Awards program led by the Business Intelligence Group.
- The Artificial Intelligence Excellence Awards celebrate organizations, products, and people who bring AI to life and apply it to solve real problems.
- Icertis stood out from fellow nominees for its ability to enable material business outcomes with generative AI by combining large language AI models and Icertis proprietary AI models to derive interactive insights from contract data, enterprise data, the Icertis data lake, and ChatGPT.
- “We are truly honored to recognize Icertis with this prestigious award,” stated Maria Jimenez, Chief Nominations Officer for the Business Intelligence Group.
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Sales Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
Key Points:
- Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
- Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
- Global leaders such as ALPLA, Krones, and Genpact have selected Icertis Copilots to responsibly leverage generative AI in contract-driven operations, enabling increased efficiency, reduced risk, and substantial cost savings across their enterprises.
- In 2023, three out of every four deals included Icertis AI products, pointing to increasing trust and measurable value delivered through its reliable, innovative AI models designed for complex contracting.
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Tuesday, February 27, 2024
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Ferring Pharmaceuticals FRANKFURT, Germany, Feb. 27, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence company, today announced that Jungheinrich has selected Icertis Contract Intelligence (ICI) to modernize its contract processes. The seamless integration between SAP S/4HANA, SAP Subscription Billing, and the AI-powered, enterprise-grade platform from Icertis will enable Jungheinrich's team to accelerate negotiations by standardizing, automating, and streamlining contract management. The company will also leverage Icertis NegotiateAI to improve outcomes and mitigate risk by surfacing insights across high-volume contracts.
Key Points:
- FRANKFURT, Germany, Feb. 27, 2024 /PRNewswire/ -- Icertis , the global leader in AI-powered contract intelligence company, today announced that Jungheinrich has selected Icertis Contract Intelligence (ICI) to modernize its contract processes.
- As a global provider of sustainable material handling products and intralogistics solutions, Jungheinrich is undergoing an enterprise-wide digital transformation.
- "Icertis Contract Intelligence gives us a holistic view of the contract lifecycle and streamlines our contract creation process for optimal outcomes."
- As the leader of the burgeoning $30 billion CLM market 1, Icertis introduced the first generative AI Copilots for enterprise contract management and continues to transform the foundation of commerce through contracts for customers like Jungheinrich.
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Monday, February 26, 2024
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Medical device BELLEVUE, Wash., Feb. 26, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence, and World Commerce & Contracting, the global leader in independent research in commercial and contract management (CCM), have published a new report titled AI in Contracting: From Untapped Revolution to Emerging Evolution.
Key Points:
- "As AI rapidly evolves, this study from World Commerce & Contracting and Icertis points to its power in redefining commercial practices and creating value as a strategic asset capable of enabling both innovation and efficiency," said Tim Cummins, President of World Commerce & Contracting.
- "AI can analyze vast amounts of contract data with speed and accuracy, uncovering patterns and anomalies that might go unnoticed by human oversight.
- Nearly 80 percent of legal and procurement professionals are now personally enthusiastic about AI, more than double the number who expressed positive sentiment in June 2023.
- "Icertis offers legal and procurement teams secure platforms and proven AI models that deliver reliable insights they can trust to inform business decisions.
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Wednesday, February 21, 2024
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Sales BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR). Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
Key Points:
- BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
- Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
- Global leaders such as ALPLA, Krones, and Genpact have selected Icertis Copilots to responsibly leverage generative AI in contract-driven operations, enabling increased efficiency, reduced risk, and substantial cost savings across their enterprises.
- "Coupled with our trust in the core Icertis platform, we hope to realize substantial value by responsibly applying generative AI to improve our contract management."
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Wednesday, February 21, 2024
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Sales BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR). Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
Key Points:
- BELLEVUE, Wash., Feb. 21, 2024 /PRNewswire/ -- Icertis , the global leader in AI-powered contract intelligence, today announced that the launch of Icertis Copilots and continued adoption of contract intelligence worldwide have driven the company above $250 million in annual recurring revenue (ARR).
- Icertis Copilots are now the fastest growing products in the history of the business, marking a new milestone following their introduction as the first generative AI applications for enterprise contract management in July 2023.
- Global leaders such as ALPLA, Krones, and Genpact have selected Icertis Copilots to responsibly leverage generative AI in contract-driven operations, enabling increased efficiency, reduced risk, and substantial cost savings across their enterprises.
- "Coupled with our trust in the core Icertis platform, we hope to realize substantial value by responsibly applying generative AI to improve our contract management."
