iCertis Contract Intelligence
iCertis Contract Intelligence transforms contract management into a strategic tool with centralized insight, reduced risk, and increased value.
Contract management that goes beyond storage
Every organization processes incoming invoices, often a necessary process without direct value creation. However, errors, delays, or mismatches can have a significant impact on cash flow, supplier relationships, or compliance. It's time to not only digitize this process but truly optimize it. Intelligent, scalable, and seamlessly integrated into your SAP environment.
Icertis Contract Management (ICM) is the platform for digital contract management. It provides organizations with the ability to centrally and intelligently manage the entire contract lifecycle process – from drafting and negotiating to compliance and renewal. With powerful automation, integrations with ERP and CRM systems, and real-time insights into obligations and risks, contract management transforms from an administrative task into a strategic tool.
Benefits
How iCertis Turns Contract Management into a Strategic Engine
The strength of iCertis lies in seamlessly connecting departments, transforming contract management from a legal necessity into a strategic driver for the entire organization.
Increased efficiency and shorter cycle times
iCertis streamlines contract management from drafting to renewal with automated workflows, accelerates approvals, and reduces manual work.
Minimizing 'Contract Leakage' and Cost Management
AI-driven insights
Risk Management and Compliance
Improved visibility and collaboration
Flexibility and scalability
Contract lifecycle
From Contract Start to Value Creation: Control Over the Entire Contract Lifecycle
From initial request to renewal: with iCertis, you manage every step for efficiency, compliance, and maximum value.
Initiation
Initiating the contract process, often through a "request for" document (RFx).
Negotiating and collaborating
Drafting, revising, and discussing contract terms with internal and external parties.
Review and approval
Routing the contract through the appropriate hierarchy of decision-makers (legal, finance, etc.).
Execution
The formal signing of the contract, making it legally binding, often with electronic signatures.
Ongoing management and compliance
Monitoring contract performance, compliance with obligations, and service level agreements (SLAs).
Renewal/closure
Steering towards the extension or termination of the contract at the end of the term.
Digitization and AI Processing
After digitizing contracts, Icertis AI (trained on millions of contracts) uses machine learning and natural language processing (NLP) to extract and structure data.
Integration and realization of value
The structured contract data is integrated into other business systems (such as ERP or CRM) to create a "system of intelligence." This ensures that the full intent and value of each contract is realized in operational processes.
Insights and automation
The AI provides in-depth, unexpected business insights based on contract data, enabling process automation and smarter, customized decisions.
FAQ
Frequently Asked Icertis Questions
What is Icertis?
What problem does Icertis solve?
How does McCoy help your organization with contract management?
Why choose McCoy for contract management issues?
More control over your contract management?
Let us help you with the right solution
Successful change starts with your users
Every SAP procurement implementation is carried out in collaboration with our Change Management colleagues. They guide users through the transition and ensure that the new or modified system is truly embraced. With clear communication about benefits and process changes, such as procurement and contract management, we reduce resistance and increase adoption. This ensures that the solution delivers lasting results.
Effortless SAP Ariba Management for Your Procurement Organization
Managed Services are essential for a successful SAP environment. SAP is complex and business-critical, requiring continuous maintenance, monitoring, and updates. With management by McCoy experts, performance remains optimal and security and compliance are ensured. This allows your organization to focus on core activities while we completely take over the technical complexity.
Success Stories
Success stories
Royal DSM - SAP Ariba
A textbook example of a business-driven transformation project with a holistic approach
Royal Swinkels Family Brewers - SAP Ariba
Not a customer-supplier relationship but partnering on a long journey.
Royal DSM - SAP Ariba
A textbook example of a business-driven transformation project with a holistic approach
Learn moreRoyal Swinkels Family Brewers - SAP Ariba
Not a customer-supplier relationship but partnering on a long journey.
Learn more
