Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, April 09 2019 - 11:00
AsiaNet
Independent Research Firm Names Icertis as a Contract Lifecycle Management Leader
BELLEVUE, Washington, April 9, 2019 /PRNewswire-AsiaNet/ --

    Icertis [https://www.icertis.com/], the leading provider of enterprise 
contract lifecycle management in the cloud, today announced its platform was 
recognized as a leader in Forrester's latest report, The Forrester Waveâ„¢: 
Contract Lifecycle Management (CLM), Q1 2019.
    
    Logo: https://mma.prnewswire.com/media/846094/Icertis_Logo.jpg
    
    Icertis received the top score out of all vendors in the Current Offering 
category according to Forrester's rigorous 1.0 - 5.0 grading scale. The Icertis 
Contract Management (ICM) platform received the highest score possible (5.0) in 
17 out of 22 current offering criteria (e.g. Contract Importing and Tagging, 
Contract Approval, Contract Fulfilment Tracking) – more than any other vendor 
in the evaluation.
     
    According to the report, "Icertis has continued to improve its CLM product 
since it ranked as a Leader in our 2016 Forrester Wave and has acquired a 
series of Fortune 100 clients as a result."
    
    In addition to receiving top marks in 17 current offering criteria, Icertis 
also received the highest score possible in the Globalization, Integration and 
Customer References criteria; receiving a 5.0 for each category. "Its reference 
clients gave it above average scores for usability by both administrators and 
end users and high scores for implementation support and ongoing customer 
services and support," said Forrester.
     
    "Since Monish and I founded Icertis, we have been on a journey to transform 
the foundation of commerce," said Samir Bodas, CEO and Co-founder of Icertis. 
"It is beyond gratifying to see the Icertis team's hard work validated by being 
ranked as having the strongest offering in Contract Lifecycle Management! We 
are more excited than ever about this space and will continue to execute on our 
mission to be the contract management platform of the world."
Icertis earned the highest score possible in the artificial intelligence 
strategy criteria, which the report calls out as a key differentiator in the 
market. "The biggest innovations in CLM are the inclusion of AI functions to 
address specific areas of weakness or gaps in the contract creation and 
management processes," wrote Forrester.
    
    To unleash the transformative power of AI for contract management, Icertis 
is leveraging the unmatched quantity, quality and variety of data in the ICM 
platform. Using this data, the Icertis AI apps 
[https://www.icertis.com/blog/category/ai/] enable companies to solve 
previously intractable enterprise contract management challenges that are 
uniquely suited to an AI-powered solution.
    
    The full Forrester Wave: Contract Life-Cycle Management, Q1 2019 can be 
downloaded here 
[https://www.icertis.com/resource/forrester-wave-report-contract-lifecycle-manag
ement/].
    
    About Icertis:
    Icertis, the leading enterprise contract management platform in the cloud, 
solves the hardest contract management problems on the easiest to use platform. 
Companies accelerate their business by increasing contract velocity, protect 
against risk by ensuring regulatory and policy compliance, and optimize their 
commercial relationships by maximizing revenue and reducing costs. The 
AI-infused ICM platform is used by companies like 3M, Airbus, Cognizant, 
Daimler, Transurban, Microsoft and Roche to manage 5.7 million contracts in 40+ 
languages across 90+ countries. 
    
    Icertis Media Contact:
    CorpComm@icertis.com
    Corporate Communications Team

    
    Source: Icertis
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