Manual reviews missed risks buried in dense legalese. GenAI assistants now extract financial terms and accelerate reviews by 40%.
A global software provider manages contracts for 30 percent of the Fortune 100, overseeing a data lake of 2 billion metadata elements from 10 million commercial agreements.
Contract management processes were fragmented across departments, burying critical financial terms and risk clauses within volumes of dense legalese....
“30 percent of the Fortune 100 use the Icertis platform for their global contracting needs because Icertis helps customers increase revenue and efficiency, reduce risks, and ensure compliance. We attribute much of our success to our close, longstanding relationship with Microsoft.”
AI-powered contract lifecycle management (CLM) platform for global enterprises.
Enterprise software, cloud infrastructure, and consumer electronics platform.
Related implementations across industries and use cases
Manual invoice checks bottlenecked teams. An assistant in Microsoft Teams now automates intake and risk checks without app switching.
New interfaces took months to build. Now, teams ship conversational prompts in weeks, letting users control legacy apps via text.
Cross-border deals stalled on translation. AI now summarizes clauses in the signer's native language, bypassing manual review cycles.
Engineers manually correlated alerts across systems. AI agents now diagnose issues and suggest fixes, cutting recovery time by 35%.
Minor edits required days of crew coordination. Now, staff use avatars to modify dialogue and translate languages instantly.
Lab supply orders were handwritten in notebooks. Digital ordering now takes seconds, saving 30,000 hours for research annually.
Experts spent 15 minutes pulling data from scattered systems. Natural language prompts now generate detailed reports instantly.