Icertis NegotiateAI Application

Icertis Inc

Use AI-powered insights to optimize contract negotiation, reduce risk, and negotiate better outcomes

Challenges with Traditional Contract Negotiation Process

In today’s fast-paced business environment, organizations must create and evaluate large volumes of contracts with every-increasing frequency. Without sufficient intelligence about the terms and parties represented in these contracts, it can be very difficult for companies to avoid risks, maintain compliance, and ultimately get to the best possible negotiated outcomes.

Benefits of the ICI NegotiateAI Application

The ICI NegotiateAI app gives businesses the AI-powered insights they need to optimize their contractual negotiations. This enables businesses to:

  • Consistently negotiate the best possible terms and outcomes
  • Reduce time spent manually authoring and reviewing lengthy contracts
  • Avoid repeating mistakes due to reusing language from suboptimal contracts
  • Insure compliance, even for third-party contracts
  • Benefit from contract best practices across the organization
  • Speed up the negotiation process by providing the right insights at the right time

Key Features of the ICI NegotiateAI Application

The ICI NegotiateAI app delivers powerful contracting features including: 
  • Automated contract discovery - Instantly breaks down any contract into its component clauses and attributes for fast analysis.
  • Powerful AI-infused negotiation tools - Leverage AI to quickly find all similar clauses and contracts from across a company’s entire contract repository. This enables users to update contract language and terms based on best practices from similar contracts or from past deals negotiated with the same counterparty. 
  • Microsoft product compatibility - Icertis works directly within Microsoft Word, and allows users to leverage Word to open and compare any related contracts from the ICI platform with just one click. 

Today, the world’s most iconic brands trust Icertis to govern the rights and commitments in their 7.5 million+ contracts worth more than $1 trillion, in 40+ languages and 90+ countries. Icertis has developed and implemented Contract Lifecycle Management (CLM) solutions for hundreds of companies, including Microsoft. See why Icertis was ranked as a Leader in Contract Lifecycle Management in Gartner's latest magic quadrant report for CLM
بلمحة سريعة