Icertis, an AI-powered contract intelligence provider, announced a new partnership with Evisort, with the objective to expedite customers' journey to contract intelligence. This strategic collaboration aims to enrich the value derived from the Icertis platform, offering both new and existing customers the opportunity to leverage Evisort's contract-specific AI engine. This partnership will ensure the customers to accelerate the ingestion and analysis of contract data, resulting in actionable insights and optimized workflows.

The Icertis platform plays a pivotal role in transforming contracts into strategic assets, driving essential business outcomes such as revenue growth, cost control, risk mitigation, and compliance. Icertis ensures the obligations documented in contracts are fully realized in practice through the extraction of critical information contained within contracts, structuring it into a common data model, and seamless integration with operational systems like ERP, SCM, CRM, and HCM. Icertis leverages open platform approach that embraces best-of-breed capabilities across various domains and languages to extend the secure and scalable Icertis platform.

The integration of Evisort's contract-specific AI engine with the Icertis platform empowers joint customers to rapidly ingest and analyze both legacy and new agreements. This collaboration sets new standards for contract management and execution, delivering exceptional outcomes to joint customers by driving strategic business decisions and operational excellence.

This strategic partnership also empowers Evisort's contract-specific AI engine to collaborate with Icertis Discover Copilot enhancing the speed, scale, and accuracy of insights provided by the Icertis platform. This capability, already embraced by leading enterprises like Microsoft, enables businesses to leverage their contract data effectively, fostering strategic decision-making and operational efficiency. With an ecosystem of esteemed partners including SAP, Microsoft, and Accenture, Icertis remains at the forefront of contract intelligence, empowering organizations worldwide to realize the full potential of their commercial agreements.

Author: Akshat Shah, Analyst at Quadrant Knowledge Solutions