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Icertis Gets Award for Best Contract Management Solution

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Icertis Gets Award for Best Contract Management Solution

October 07, 2013

  By Miguel Leiva-Gomez, TMCnet Contributor

Icertis, currently the biggest provider of enterprise solutions based within Microsoft's (News - Alert) cloud, just announced that its product, Icertis Contract Management (ICM), was awarded the “Best Software Solution in Contract Management” award in this year's Express, Logistics & Supply Chain (ELSC) Awards ceremony in Mumbai, India. This isn't the first time that Icertis has won an award at the ELSC, and it doesn't seem to be the last. Last year, at the ELSC Awards, its transportation management solution (Icertis Transportation Management) was awarded the “Innovative Software Solution in Transportation” award.

Icertis' Contract Management solution is built within the Microsoft Windows Azure environment, a flexible cloud solution that encompasses all sorts of activities that necessitate virtualization to run. ICM offers a solution for firms that frequently deal with and create contracts as a result of their daily activity. It helps streamline the process of contract lifecycle management, putting the firm in a position where it is able to focus on other activities. The entire platform can be either hosted entirely off-site, on a hybrid environment, or deployed on-premise.

Icertis Contract Management has seen an uptick in its usage, demonstrating the conveniences offered by the platform and how it plays well into the corporate atmosphere. Clients such as Microsoft, Janney Montgomery Scott LLC, and MindTree (News - Alert) have been using ICM in multiple locations. Apparently businesses actually like adopting solutions that help them remain compliant in a more streamlined manner.

“This is a special win for us and testimony to our product innovation, market understanding, and significant benefits that our customers have seen,” said Samir Bodas, CEO of Icertis. “Given the global nature of today's businesses, compliance and risk management have become critical to contract management. We have built advanced features into the product for strong governance on all contract types, improved compliance, and risk mitigation competency allowing businesses to effectively manage their entire contracting lifecycle.”

Edited by Rory J. Thompson
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