Icertis

Nearly 30% of an enterprise's workforce is involved in contract management. That means at the average Fortune 500 company, contracting inefficiencies impact approximately 17,000 people! This is just one of the takeaways from our State of #CLM Report, which explores the current and future state of #AI in contracting so you can seize the opportunity for transformation in 2025 and beyond. Explore the report 🔍 https://bit.ly/3NsSJXA

Cheers to the season of joy, laughter, and bringing Icertians together! Here are a few of our favorite holiday moments with colleagues in Bellevue, Pune, San Jose, Boston, and Plano. We're thankful for a year of incredible teamwork and looking forward to a bright new year together. ✨

#Contracts are critical tools for mitigating risk and ensuring supply chain resilience in today’s complex business environment. Yet, antiquated contract management practices often expose those very businesses to unnecessary vulnerabilities. In her article for CPOstrategy, Shannon Kirk Nakamoto explores the need for #procurement leaders to embrace #AI-powered contract intelligence to build resilience, control costs, and turn contracts into assets for transformation. Read more: https://bit.ly/3ZO6UfE

The worldwide economic impact of #AI on retail is projected to reach an astonishing $9.2 trillion by 2029. 😮 If you're attending #NRF2025, meet us at the Icertis booth to learn how #contractintelligence harnesses the power of #AI to help retailers increase profits, eliminate risks, and stay ahead of changing market conditions.

We're excited to announce that Henkel, a global leader in consumer brands and adhesive technologies, is centralizing contract management with Icertis. Together, we implemented #contractintelligence and migrated a six-figure number of contracts in less than six months. Thanks to the commitment of all teams involved, Henkel is positioned to quickly capture value across commercial agreements. To celebrate the long-term collaboration, Icertis and Henkel have jointly sponsored 300 square meters of rainforest in the Mawas region of Borneo as part of our 'Roots of Growth' initiative - symbolizing our joint commitment to enable long-term growth with contract intelligence.

We're taking a moment to pause, reflect, and refresh this time of year—while looking ahead to the promises of 2025. To every Icertian around the world, along with our customers and partners, we're sending our warmest wishes for a happy holiday season! ❄️️🌟

Did you know? +80% of CFOs believe their companies are leaving money on the table during contract negotiations. Inefficient and manual contract processes are not just a hassle—they're costing organizations valuable margin through poor negotiations and missed entitlements.   Join us on January 15th for a conversation with Jeff Epstein, former #CFO at Oracle, and Bernadette Bulacan Starin, Chief Evangelist at Icertis, as they explore how #finance teams can leverage technology to harness the power of their contracts and turn them into revenue engines. Register now to save your spot! https://lnkd.in/gN746SrQ

CPOs are pioneering the adoption of advanced technologies like AI to revolutionize #procurement and capture value in contracts. Listen as Shannon Kirk Nakamoto highlights transformative use cases, such as major #healthcare companies that are navigating tens of thousands of #contracts, appendices, and regulatory data with precision to better manage and analyze vast contract repositories. https://bit.ly/3ZDJObw

2024 was a year to celebrate! 🎉 Icertis turned 15 years old, surpassed $250M in annual recurring revenue, and grew to 3x the size of the next pure-play CLM company, according to industry estimates. We also… ⚡Embraced an open platform approach to give customers access to best-of-breed #LLMs like Harvey. 🤝 Deepened our relationships with Microsoft and SAP, delivering innovations like Icertis for Microsoft Dynamics 365 SCM. 💵 Enabled enterprises like Hewlett Packard Enterprise, Vallen, and Healthfirst to capture more value in their contracts. The accolades for our #innovation just keep coming, thanks to the hard work, skills, and commitment of Icertians, partners, and customers around the world—pulling together as one to realize our mission. Thank you for a memorable year, and hats off to even greater heights in 2025!

Why are companies losing 9% of #contract #value after signing? That's millions in missed cash 💸 across customer networks and supply chains. Our 2025 executive insights survey: ‘Powering Profitability’ features insights on minimizing value leakage and how to recapture revenue in every relationship. Download the report to check your answer. https://lnkd.in/gWHsxvgj