Re-imagining contracts
The contracts a business has with its suppliers, partners, and customers are one of the most valuable sources of untapped enterprise data. Businesses with thousands of contracts are often unable to benefit from the hidden insights in this data and opportunities it presents to impact revenue, savings, and risk.
Icertis aims to re-imagine contract management with Icertis Copilots.
From commercial agreements to interactive assets
Icertis looked to leverage the Microsoft Azure OpenAI service, proprietary Icertis AI models, and the Icertis Data Lake to re-imagine contract management. Icertis Copilots harness the power of the rich data contained in contracts alongside Microsoft Copilots and Azure AI. With this, Icertis turned commercial agreements into interactive assets that fuel strategic decision-making.
Realizing value across contract-driven processes
Icertis Copilots built with Microsoft Azure AI automate contract-driven processes to expedite contract reviews and optimize value in negotiations, pinpointing potential risks in business agreements while empowering teams to focus on higher impact tasks and strategic initiatives. Thus, Microsoft and Icertis enable businesses to combat revenue loss, unnecessary costs, and non-compliance with AI-powered contracting.
Monish Darda
CTO and Co-founder
Icertis
Icertis counts iconic companies across the world as its customers, including more than one third of the Fortune 100, and remains at the forefront of AI innovation with AI applications deeply integrated in the Icertis platform. Today, Microsoft and Icertis are partnering to re-imagine contract management for joint global customers with Icertis Copilots backed by the security and scalability of the Microsoft Azure OpenAI Service, bringing our vision of autonomous contracting ever closer to reality. By connecting millions of contracts and applying generative AI, Icertis is de-risking high-volume contract reviews and enabling decision-makers to rapidly uncover insights into revenue opportunities for their organisations.
Icertis Copilots surface AI-powered insights to safeguard businesses from risk and enable more effective, value-driving contract negotiations.
Icertis stands at the forefront of contract intelligence, empowering enterprises worldwide to grow revenue, control costs, mitigate risk, and ensure compliance in contracts. More details at https://www.icertis.com