ContractRoom is a cloud-based negotiation and contract lifecycle management system that changes the way deals get done and how decisions are made. There are clear differentiators with the competition, namely in the way ContractRoom streamlines the entire back-and-forth on business terms and legal text between negotiating parties. The solution can automate and capture data document assembly, term negotiation and contract management for any corporate buying, selling, hiring and recording activities. And then the large data set can be leveraged with machine learning to help predict the best terms and clauses for future agreement - finding the path of least resistance for the close. This means your internal and external dealings will be faster (up to 75%) with less mistakes and minimal friction.
About Icertis
The modern, efficient way to manage enterprise contracts.
The most disruptive force in enterprise IT since ERP is not contract management, but contract intelligence. Beyond simple document management, electronic signatures, clause libraries – the Icertis Contract Management platform enables a new tier of business intelligence offering an enterprise-wide 360-degree view of all enterprise contracts, deep insights and automatic oversight in a user-centric environment that accelerates time to contract, reduces risk and improves the bottom line.
Easy
Highly configurable and flexible, the Icertis Contract Management platform is easy to deploy. Designed for the modern enterprise with an intuitive user experience that makes it easy to use. Users can configure the platform to adapt to existing business processes, allow for unique contracts and workflows, or set up specialized user interfaces for individual roles making it easy to adopt.
Intelligent
The Icertis Contract Management platform intelligently reads and analyzes documents and third-party paper to provide authorized users with detailed risk reports, automatic obligation tracking, and smart notifications. The smart, contextual interface makes it easy to understand an entire portfolio of agreements and dependent relationships at a glance.
Enterprise-wide
The Icertis platform streamlines and systemizes all types of contracts and associated documentation for your entire organization in a single solution. The Icertis Contract Management platform integrates and exchanges data with all major ERP, Sourcing, Procurement, CRM, CPQ, PLM, Project Management, Service Management, and Document Management solutions, unlocking the potential for true visibility across global enterprises.
Features
2-Factor Authentication
API
Calendar Management
Contact Management
Dashboard
Document Comparison
External Integrations
File Sharing
File Transfer
Multi-User
Notifications
Scheduling
Third-Party Plugins/Add-Ons
Features
2-Factor Authentication
API
Calendar Management
Contact Management
Dashboard
Document Comparison
External Integrations
File Sharing
File Transfer
Multi-User
Notifications
Scheduling
Third-Party Plugins/Add-Ons
Summary
Drafting a contract can be as simple as dragging and dropping standard contract clauses and clicking to edit the text as you desire.
Collaboration and Control - it covers the entire process of communication, reviewing, editing, approving and tasking both internally in an organization as well as externally with counterparties.
Transaction and Behavior Data - it captures and leverages transaction and behavior data from the entire back-and-forth negotiation, not only the final outcome, as is the case with most CLM systems.
Summary
Smart Contract Initiation
Specialized Solutions
Intelligent Contract Authoring
Negotiations and Collaboration
Contract Approval and Execution
Contract Visibility and Search
Usability and Productivity
Risk and Compliance
Single Source of Truth
RFx Management
Pricing
Credit card required: N/A
Basic Plan:
$9 / user / month
Provides basic feature set for requesters and viewers
Access to archives
Administer account
Request contracts
View agreements
Professional Plan:
$39 / user / month
Provides Basic + collaboration features for negotiation team members (approvers, reviewers, signers)
Assign Tasks
Complete & Sign
Edit & Negotiate
Review & Approve
Business Plan:
$99 / user / month
Provides Basic + Professional + control & analytics features for contract leaders and controllers
Build frameworks
Build conditional agreements
Build workflows
Build smart tables
Start (draft) agreements
Create reports
FAQs
Does this service offer multi-user capability (e.g. teams)?
Yes, it allows multi-person use.
Does this service offer guides, tutorials and or customer support?
Yes, there is a Help Center with accompanying video tutorials.
FAQs
What platforms does this service support?
The Icertis platform integrates with many leading applications in areas such as ERP, CRM, procurement, electronic signature and identity management. Popular integrations include those for Salesforce, Microsoft Dynamics CRM, PROS, DocuSign, Adobe Sign (formerly EchoSign) and open, standards-based integration with many identity management providers.
Mobile Experience
Increase user productivity, flexibility and satisfaction with native mobile support on iOS, Android and Windows. The Icertis contract management mobile apps enable users to get push notifications on tasks, view dashboards, search and view contracts and associated information, take approval actions, update notes, take actions on commitments and perform other contract-related tasks. Touch-friendly web access is also available on tablets and other mobile devices with browser support for IE, Chrome, Safari and Firefox.
Does this service offer an API?
The Icertis platform interface itself is built fully on the Icertis API. This API-first approach allows the Icertis platform to be very open, making even complex integrations easy. With specific integration components built into the architecture, the risk of upgrades and new features is reduced and integrations are more robust and efficient.
The Icertis contract management platform can be implemented in API-only mode with a completely custom interface or access from any line-of-business application. The Icertis platform’s user interface works on the API layer and is well suited to replacement of UI screens for specialized needs. The API can connect with any portal or enterprise system to enable Icertis functionality.
Does this service offer multi-user capability (e.g. teams)?
Yes
What are some applications this service is commonly used in tandem with?
Google Apps
Box
Office 365
Microsoft Azure
Sales Force
Microsoft Dynamics
Outlook
Share Point
Does this service offer guides, tutorials and or customer support?
Yes
Does this service integrate with any other apps?
Pre-built third-party integrations:
Icertis integrated with sourcing, procurement, CRM, configure-price-quote, product lifecycle management, project management, service management and document management solutions.
The platform also provides following integrations:
Sales Integration
Icertis Salesforce App
Icertis Microsoft CRM App
Enterprise Integration
Comprehensive at rest APIs
Message Bus Architecture
Standard Integrations
Who are the main user groups of this service?
We've built flexible, powerful tools and features that can help every department involved in any contracting across the enterprise.
Procurement, legal, Finance and Compliance, Sales professionals - for both buy-side and sell-side contracting.
What is this service generally used for?
The most disruptive force in enterprise IT since ERP is not contract management, but contract intelligence. Beyond simple document management, electronic signatures, clause libraries – the Icertis Contract Management platform enables a new tier of business intelligence offering an enterprise-wide 360-degree view of all enterprise contracts, deep insights and automatic oversight in a user-centric environment that accelerates time to contract, reduces risk and improves the bottom line.
view 2 more
view 5 more
