Icertis Suite | Workflos AppStore

Icertis Suite

4.3

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Icertis offers a contract lifecycle management platform called Icertis Contract Intelligence (ICI) that uses AI technology to turn contracts into strategic advantage by structuring and connecting critical contract information. The platform is trusted by iconic brands and innovators worldwide and has processed over 10 million contracts worth over $1 trillion in 40+ languages and 90+ countries. The platform also offers intelligent contract creation, automation, and insights.

Website

http://www.icertis.com/

Strengths

Customizable

Ability to customize workflows and contracts to fit specific business needs
AI-powered

Uses AI to analyze contracts and identify potential risks and opportunities
Cloud-based

Accessible from anywhere with an internet connection, no need for on-premise installation

Weaknesses

Complexity

Can be difficult to navigate and use for those without prior contract management experience
Cost

Can be expensive for small businesses or those with limited contract management needs
Integration

May require additional integration with other software systems to fully meet business needs

Opportunities

Growing demand for contract management software presents opportunity for expansion and increased revenue
Ability to serve customers worldwide presents opportunity for international growth
Opportunity to form partnerships with other software providers to offer integrated solutions

Threats

Competitors offering similar contract management solutions may take market share
Changes in contract management regulations may require costly updates to software
Data breaches or security vulnerabilities could damage reputation and lead to loss of customers

Ask anything of Icertis Suite with Workflos AI Assistant

http://www.icertis.com/

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Review Distribution

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High - rated users

The Icertis platform is very user friendly and intuitive. The functionality allows flexibility and customization. Using Icertis makes your CLM process seamless across the organization. The reporting capabilities are very useful and system reliability is flawless. Icertis customer service is second to none. The vast majority of our helpdesk tickets have been resolved in less than 24 hours.From an administration standpoint, if you make a mistake and move a document to executed state, you cannot "undo" the mistake and instead have to enter a helpdesk ticket to get the issue resolved.
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Average - rated users

The dashboard and notification function.The templates function. First of all, you need to make a lot of efforts to build a template. After building, you have to fill out the attribute for each draft which is not practical (we are looking for software that can identify the attributes by itself instead of for us to manually filling in).