Logo of Icertis Contract Management Software

Icertis Contract Management Software

Website LinkedIn Twitter

Last updated on

Company health

Employee growth
3% increase in the last year
Web traffic
26% decrease in the last quarter
Financing
November 2022 - $516M

Ratings

G2
4.2/5
(81)
TrustPilot
3.2/5
(1)
Glassdoor
3.7/5
(858)

Icertis Contract Management Software description

Icertis Contract Management Software is a powerful platform used by many large companies to manage all stages of a contract's lifecycle. More than just contract storage, Icertis uses artificial intelligence to help businesses analyze contract terms, track obligations, manage risk, and ensure compliance. This focus on contract intelligence helps businesses uncover potential cost savings and revenue opportunities hidden within their contracts. While designed for large enterprises, Icertis's comprehensive features and industry-specific solutions make it suitable for companies aiming to streamline their contracting processes and gain deeper insights from their agreements.

Who is Icertis Contract Management Software best for

Icertis Contract Management Software is a powerful AI-driven solution for large enterprises seeking comprehensive contract lifecycle management. Users praise its robust customization and automation features, while some note the system's complexity and implementation challenges. Icertis excels at streamlining contract processes and unlocking valuable insights from agreements, making it a good choice for businesses looking to improve contract efficiency and analysis.

  • Best for large enterprises seeking advanced contract intelligence.

  • Ideal for businesses focused on maximizing value and insights from contracts.

Icertis Contract Management Software features

Type the name of the feature or, in your own words, tell us what you need
Supported

Icertis integrates with major ERP systems like SAP, ensuring contract data flows across the enterprise.

Supported

Icertis provides a clause library for easy inclusion of pre-approved clauses in agreements.

Supported

Icertis extracts obligations, deadlines, and financial terms using AI.

Icertis Contract Management Software reviews

We've summarised 82 Icertis Contract Management Software reviews (Icertis Contract Management Software TrustPilot reviews and Icertis Contract Management Software G2 reviews) and summarised the main points below.

Pros of Icertis Contract Management Software
  • Comprehensive customization options for enterprise-wide contract management.
  • Streamlined updates, e-signature processes, and role-based access control.
  • Automated contract lifecycle management with checks and balances.
  • Robust cloud-based platform with strong security.
  • AI-powered features like Negotiation AI and embedded analytics.
Cons of Icertis Contract Management Software
  • Complex customization and difficult maintenance during upgrades.
  • Lengthy and inefficient implementation and onboarding process.
  • Unintuitive system requiring extensive user support.
  • E-signature integration issues and lack of reminder emails.
  • Difficult contract search functionality, especially for older contracts.

Icertis Contract Management Software alternatives

  • Logo of DocuSign CLM
    icertis-contract-management-software vs DocuSign CLM
    Better for smaller businesses and easier to use with a more intuitive user interface. It has broader industry applicability but is growing slower and users report some issues with integrations and limited search functionality. A strong Icertis competitor and DocuSign CLM alternative.
    Read more
  • Logo of IntelAgree
    IntelAgree
    More user-friendly and has better customer support. Has stronger momentum based on employee growth. A better Icertis competitor for mid-sized businesses.
    Read more
  • Logo of Docusign
    Docusign
    Better for organizations needing basic e-signatures. Simpler user interface, but lacks AI-powered contract analytics. A strong DocuSign alternative for streamlined signing.
    Read more
  • Logo of Xodo Sign
    Xodo Sign
    Better for individuals, small and medium businesses needing e-signatures. Offers a free plan and affordable paid plans. Easier to use and implement, but less scalable and focused on e-signatures, not full contract lifecycle management. Stronger user satisfaction. An Icertis Contract Management Software competitor and alternative.
    Read more
  • Logo of Automation Anywhere - RPA | Robotic Process Automation
    Automation Anywhere - RPA | Robotic Process Automation
    Better for automating repetitive tasks like data entry and invoice processing. More suitable for companies in software, IT, and telecommunications, less so for consumer goods and marketing. Has more momentum currently.
    Read more
  • Logo of Volody CLM
    Volody CLM
    Better fit for legal teams. Integrates with HubSpot CRM. Has more momentum.
    Read more

Icertis Contract Management Software FAQ

  • What is Icertis Contract Management Software and what does Icertis Contract Management Software do?

    Icertis Contract Management Software is an AI-powered contract lifecycle management platform. It helps businesses analyze contracts, manage risk, ensure compliance, and identify potential cost savings. Icertis offers features such as contract analytics, a clause library, and ERP system integrations. Primarily aimed at large enterprises, it streamlines contracting processes for deeper insights.

  • How does Icertis Contract Management Software integrate with other tools?

    Icertis Contract Management Software integrates with major ERP systems like SAP, ensuring seamless data flow. It also features a clause library for easy inclusion of pre-approved clauses and uses AI-powered contract analytics to extract key information.

  • What the main competitors of Icertis Contract Management Software?

    Top alternatives to Icertis Contract Management Software include DocuSign, IntelAgree, and PandaDoc. DocuSign focuses on digital signatures and agreement management, while IntelAgree offers AI-powered contract lifecycle management. PandaDoc streamlines document workflows, including proposals and contracts. Other options include Automation Anywhere and Fynk.

  • Is Icertis Contract Management Software legit?

    Yes, Icertis Contract Management Software is a legitimate and established platform. It's a robust, AI-powered solution trusted by large enterprises for comprehensive contract lifecycle management. However, some users find the system complex and the implementation lengthy.

  • How much does Icertis Contract Management Software cost?

    Icertis Contract Management software pricing is not publicly available. Contact Icertis directly for a quote tailored to your specific business needs and contract management requirements.

  • Is Icertis Contract Management Software customer service good?

    Customer reviews on Icertis's support are mixed. While some praise the helpful and responsive support staff, others mention needing extensive support due to the system's complexity and non-intuitive design. Implementation support also receives criticism for lacking best-practice guidance, leading to rework.

Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.