Under the strategic partnership, SAP will be investing funds in Icertis to develop a product roadmap and build further solutions integration that would help their joint customers achieve enhanced efficiency and streamline contracts and processes while reducing risks. This partnership is a great complement to our portfolio, with multiple touchpoints to SAP systems across ERP, finance, procurement, sales, and HR.” Expanding Icertis Contract Management Capabilities “The expanded cooperation with Icertis will help our customers take advantage of market-leading innovations for contract management from Icertis while managing core business processes with SAP solutions. Sharing about the deepening alliance, SAP CEO Christian Klein said: Fast forward to 2022, SAP and Icertis are expanding their collaborative partnership in the contract Contract Lifecycle Management space to further maximise opportunities in enterprise contract intelligence. With the integrated solutions gaining global traction from SAP customers including Boeing, Johnson & Johnson, and ServiceNow just a year in the SAP Store, Icertis was recognised winner of the 2021 SAP Pinnacle Award: SAP Store Partner of the Year.

The collaborative partnership developed three integrated solutions that complement SAP technologies –Icertis Contract Intelligence (ICI) for SAP Ariba, Icertis Contract Intelligence (ICI) for SAP Customer Experience, and Icertis AI for Accelerated Contract Transformation– to propel SAP customers’ journey to becoming intelligent amidst unprecedented challenges. In 2020, at the height of supply chain and workplace disruptions caused by the global pandemic, German software enterprise SAP and contract intelligence company Icertis allied to help organisations accelerate the modernisation of their contract management systems in a bid to drive business continuity and mitigate risks. Icertis contract management software has been recognised by global research analyst firms Gartner and Forrester, making the company a Leader in the latest Gartner “Magic Quadrant for Contract Life Cycle Management” and a Leader in the “Forrester Wave: Contract Lifecycle Management For All Contracts Q1 2021” report.

Ariba platform for contract management