Icertis

Enterprise contract lifecycle management platform

Paid Contract Management
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Icertis helps big companies manage a very large volume of contracts. Its platform stores contracts in a central repository, supports authoring from templates and clause libraries, routes agreements for approval, and tracks obligations after signing, so deadlines and commitments are not missed. Customers use it for sales, procurement, partner, and employment agreements across many countries.

AI is a core part of the pitch. The Icertis Contract Intelligence platform reads agreements to extract key terms, flags risky or nonstandard language, and compares contracts against playbooks. Generative AI features answer questions about a contract portfolio, summarize agreements, and assist with drafting, and the company has expanded its capabilities through acquisitions. It integrates with enterprise systems such as Salesforce, SAP, and Microsoft.

Icertis is sold to large enterprises on custom contracts with significant implementation work and cost. It is overkill for small companies. Competitors include Agiloft, Ironclad, DocuSign CLM, Conga, Sirion, and Leah, formerly ContractPodAi. As with any AI in contracts, legal teams need to verify extracted terms and recommendations. Icertis suits global organizations with complex contracting needs.