Leading Market Researcher Recognizes Icertis as Category Frontrunner
Icertis, the leading provider of enterprise contract management in the cloud, today announced the company has been named the winner of the inaugural Levvel Research Innovation Award for contract management in the ninth annual Innovation Awards.
Levvel Research, the market research practice of IT consulting firm Levvel, recognized Icertis for its state-of-the-art platform as well as its rapid pace of innovation in areas such as artificial intelligence (AI) as key to the company’s selection. Levvel evaluated more than 90 technology providers using product demos, customer surveys, and in-depth interviews to identify the most innovative companies. Icertis stood out for its advanced functionality, platform configurability, and for meeting the needs of diverse customers across a wide range of industries.
“We selected Icertis ahead of all other applicants because their platform offers cutting-edge features our team had never seen in the market,” said Major Bottoms Jr, Research Manager of Levvel. “The platform was unique in its ability to bring static contracts to life, thereby surfacing valuable commercial intelligence.”
Every company’s commercial relationships are governed by contracts and for the first time in history, these contracts are being digitized. To speed this transformation, Icertis recently announced three products including two AI applications and its Obligations Management application. These apps, built on the Icertis Contract Management (ICM) platform, provide further proof that Icertis is delivering on its vision to transform the foundation of commerce by becoming the contract management platform of the world.
“It is incredibly rewarding to be recognized by Levvel as the innovation leader in contract management,” said Monish Darda, CTO and Co-founder of Icertis. “As commerce grows more complex and inter-connected, leading companies are realizing they must transform their commercial foundation. The Icertis Contract Management platform is helping customers around the world accelerate their businesses and optimize their commercial relationships while simultaneously reducing risk.”