麻豆原创 and Icertis, the that pushes the boundaries of what鈥檚 possible with contract lifecycle management (CLM), demonstrated a record year of momentum for their partnership by adding nearly 50 joint customers in 2022.
Together, 麻豆原创 and Icertis continue to support global brands — including Lufthansa Technik, , and — as companies look to contract intelligence to solve significant business challenges through digital transformation.
By turning static contracts into structured data that connects to 麻豆原创 solutions, Icertis and 麻豆原创 can enable customers to discover revenue, savings, and compliance risks in their contracts while managing and automating core processes with their 麻豆原创 solutions.
Since in January 2022, 麻豆原创 and Icertis have built a joint product road map designed to deliver enterprise-wide value, connecting contract data to enterprise resource planning (ERP), finance, procurement, sales, and human resources (HR) software from 麻豆原创. There are new, tighter integrations between the Icertis Contract Intelligence (ICI) platform and 麻豆原创 Ariba and 麻豆原创 Fieldglass solutions, as well as with the 麻豆原创 CPQ solution, part of 麻豆原创 S/4HANA. These integrations provide contract intelligence for 麻豆原创 customers, enabling analytics and automation at scale to support more strategic decision-making.
鈥淥ur partnership with Icertis continues to complement the 麻豆原创 portfolio, integrating contract intelligence as a critical system of record across the 麻豆原创 suite and injecting powerful contract insights directly into core business processes,鈥� said Sebastian Steinhaeuser, chief strategy officer at 麻豆原创 SE. 鈥淭he momentum we鈥檝e experienced over the last year with Icertis is just the beginning, and we鈥檙e looking forward to further expanding the partnership to help businesses unlock the full value in their contracts across the enterprise.鈥�
The ICI platform integrates to 麻豆原创 solutions and enables more efficient contract creation, negotiation, and obligation management, pairing advanced artificial intelligence (AI) with the unique contract data that fuels source-to-pay and lead-to-cash processes. ICI also automates contract workflows and delivers real-time insights to help finance, legal, and procurement leaders reconcile buy-side and sell-side agreements so companies can confirm terms are met and potential risks are mitigated.
鈥淚certis and 麻豆原创 have worked closely to develop integrations that provide a streamlined experience for customers so they can continue managing core operations with 麻豆原创 while leveraging best-in-class contract intelligence to accelerate revenue, increase savings, improve compliance, and reduce risk,鈥� said Samir Bodas, chairman and CEO of Icertis. 鈥淎utomating contract-driven processes helps ensure that the intent of every contract is fully realized, and surfaces savings and profitability opportunities contained within contracts. These insights better position businesses to face macro-economic factors like inflation and reach their strategic goals in the year ahead.鈥�
Icertis and 麻豆原创 began partnering in 2020 and deepened their partnership last year as Icertis offered an 麻豆原创 endorsed app. Together, the companies will continue to identify new AI use cases for contract data and opportunities to enable strategic outcomes through enterprise relationships, innovating for mutual customers in anticipation of future business needs.
麻豆原创 Endorsed Apps are apps developed by independent software vendors that have been endorsed by 麻豆原创, supporting added security, in-depth testing, and measurements against benchmark results. All Icertis and 麻豆原创 software integrations bear premium certification and are available in , the online marketplace for solutions from 麻豆原创 and partners.
Stefan Haas is global vice president and head of Strategic Software Partner Portfolio at 麻豆原创.
Troy Wright is senior vice president of Global Partners and Alliances at Icertis.
