BELLEVUE, Wash. and PUNE, India - Icertis, the trailblazing contract intelligence company, has been honored as a winner in the 2023 Artificial Intelligence Excellence Awards program. As a champion of AI-powered contract lifecycle management (CLM), Icertis has developed an innovative solution that addresses the complex needs of modern enterprises. This prestigious award highlights the company's groundbreaking impact in leveraging AI to help businesses maximize value from their commercial agreements.
The Artificial Intelligence Excellence Awards acknowledge organizations that bring AI to life to solve real-world problems. Icertis distinguished itself through its unparalleled ability to digitize contracts rapidly, structure information, and use AI to uncover new insights for strategic decision-making and process automation. By overlaying AI on its extensive enterprise data lake, Icertis has generated exponential value for its customers, empowering them to increase revenue, reduce costs, ensure compliance, and manage risk.
The Icertis Contract Intelligence (ICI) platform is designed for all contract types and seamlessly integrates with ERP, SCM, CRM, and HCM systems across businesses. This enables finance, legal, and procurement teams to gain enterprise-wide visibility. Icertis' AI technology covers over 7,000 contract types in 11 verticals and manages more than 100,000 contracting attributes, clauses, and obligations, making it the most advanced and comprehensive collection of contract data in the world.