The strategic alliance between Deloitte and Icertis, a leading provider of contract life cycle management (CLM) software-as-a-service solutions, enables new AI-powered possibilities throughout the CLM life cycle—driving strategic value for our clients.
CLM has become a major part of the legal business services marketplace, as companies have realized the need for a technology-enabled solution to generate value through the contract life cycle. Additionally, recent factors such as supply chain disruption, political instability, and economic uncertainty have only accelerated the need for CLM services and solutions.
Through this alliance, clients gain access to Icertis Contract Intelligence (ICI)—an AI-powered CLM platform designed as the digital, enterprise-wide, intelligent system of record for contracts and contract data, whether corporate, buy-side, or sell-side. Icertis’ technology, paired with our state-of-the-art technology and broad suite of services, means new opportunities to transform clients’ contracting processes for high-quality speed, efficiency, and value—enabling organizations to modernize their legal systems into structured, connected, on-demand data.
1 Deloitte and World Commerce & Contracting, When technology meets humanity: The future of contract management, February 2021.
Clients across the globe and industries have entrusted Deloitte to provide a broad range of technology-enabled contracting and sourcing processes.
By integrating contract management with enterprise services such as sales, legal, procurement, and HR, organizations can overcome a lot of the common challenges. The resulting insights provide greater flexibility, connectivity, compliance, and intelligence.
Deloitte, Icertis and SAP Ariba do just that. Through their integration, Icertis and SAP Ariba are combining a broad contract management tool within a nimble source to pay solution. Our management of the implementation of the Icertis and SAP Ariba process increases efficiency, consistency, and transparency, as well as reducing costs and risk, improving the third-party management and oversight of the CLM process.
Imagine being able to:
Across industries, our clients, many of whom require third-party CLM process management, are enhancing their contractual compliance through an end-to-end integrated and automated sourcing-contracting-procurement process. With Icertis and SAP Ariba, we have brought these integrated data flow mechanics and automated capabilities to our clients in a three-step process:
Have confidence in our expansive network of professionals who can draw on Deloitte’s global network and breadth of technical, industry, and business experience to assist you in accelerating legal department strategy, transforming legal department processes, and reducing risk—all for enhanced business outcomes.