CONTRACT LIFECYCLE MANAGEMENT
Heavy equipment rental company Sunstate Equipment powers risk management with contract intelligence
Additionally , a lack of connectivity between contract data and major software systems responsible for customer data , supplier data , and enterprise resource data can impact efficiency and strategic outcomes across the organisation . “ This is where contract intelligence presents a golden opportunity for demonstrating value ,” says Bulacan .
The Icertis Contract Intelligence ( ICI ) platform is built to address these challenges , and to meet the complex requirements of large-scale enterprises that manage thousands , if not millions of contracts .
Leveraging its proprietary AI models and the largest contract data lake in the industry , Icertis breaks down silos and surfaces unique insights to turn contracts into a powerful lever for risk avoidance , increased efficiency , and quantifiably enhanced performance .
CLM ’ s role in achieving ESG targets Heightened expectations around Environmental , Social , and Governance ( ESG ) measures are driving companies to commit to more socially responsible approaches to commerce , and improve their ability to demonstrate compliance as new regulations become increasingly widespread .
For example , the Corporate Sustainability Reporting Directive ( CSRD ) is transforming sustainability reporting for companies headquartered outside the EU which are conducting operations or business
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