Procurement magazine October 2025 | Page 135

CREDIT: ICERTIS
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ICERTIS: CONTRACT INTELLIGENCE POWERING AUTONOMOUS PROCUREMENT

Icertis is regarded by many as the leader in contract intelligence for its ability to use AI in its buy-side CLM to extract obligations, benchmark clause language and guide fallback selections aligned to playbooks, helping category managers negotiate faster with lower risk.
With tools such as conversational features, it allows teams to ask business questions in natural language(“ show supplier obligations tied to indexation”) and generate summaries for approvals.
Crucially, Icertis focuses on post-signature value: obligations and SLAs are monitored automatically, exceptions feed supplier reviews and price-change mechanisms are tracked to prevent value leakage.
The company was recognised as a leader in the IDC MarketScape: Worldwide AI-Enabled Buy-Side Contract Lifecycle Management Applications 2025 Vendor Assessment, with the report highlighting
Icertis’ advanced AI-driven negotiation, analytics and compliance capabilities.
It is particularly well-suited for global organisations managing complex contract portfolios, seeking to leverage contract data as a strategic asset and needing robust integration with core business systems.
“ When connected with enterprise data, contracts become dynamic sources of intelligence that deliver insights, improve efficiency and drive performance to maximise every business relationship,” says Sudarshan Chitre, Senior Vice President, Artificial Intelligence, Icertis.“ We believe this recognition in the IDC MarketScape is a testament to our innovation and leadership in applying advanced AI to unlock the full potential of contracts – particularly as more than half of procurement leaders prioritise AI to accelerate ROI and deliver measurable outcomes in today’ s complex environment.”
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