Company: Icertis
Co-Founders: Samir Bodas (CEO) and Monish Darda (CTO)
Website: https://www.icertis.com/
About Icertis
Icertis delivers AI-powered insights and agentic automation to revolutionize how enterprises manage customer, supplier, and partner relationships, enabling businesses to grow revenue and control costs in any macro environment. An enterprise-grade contracting solution built to meet the needs of large-scale businesses, Icertis has delivered market-leading AI through its contracting platform since 2018 and is trusted by more than one-third of the Fortune 100, with +70% of its customers above $1B in revenue.
Icertis significantly impacts enterprises worldwide by transforming contracts into strategic decision-making tools, automating operations, and accelerating financial results. By combining best-in-class AI models and contract data, Icertis leverages GenAI to find immediate value in contracts, then ensures what’s agreed to in the contract is delivered to enable long-term business outcomes. For example, with AI-powered contracting, a global pharmaceutical company – currently no. 42 on the Fortune 100 list – saved $70 million annually by enforcing commercial terms with Icertis for more than 250,000 supplier contracts in 17 languages.
The Icertis platform was designed from its inception to enable a multi-model AI ecosystem for customers via the Icertis OmniModel™ strategy, establishing an adaptable foundation that integrates with the latest AI advancements. For example, Icertis’ collaboration with Harvey integrates legal-specific models with the Icertis platform to deliver new capabilities that solve complex contracting challenges for legal teams.
Icertis was also a launch partner for Microsoft Azure OpenAI and has a long-standing strategic partnership with Microsoft, enabling the security and reliability large-scale enterprises need to responsibly integrate GenAI into core business operations. In fact, Icertis delivered the market’s first GenAI-powered Copilot for enterprise contracting and grew adoption by 360 percent year-over-year. Additionally, Icertis and SAP continue to deliver on a joint product roadmap with seamless integrations that transform contract-driven processes for SAP customers.
One of the most transformative aspects of Icertis’ AI innovation is the introduction of agentic AI. As businesses anticipate the increasingly critical role of AI agents in the enterprise, Icertis is incorporating agentic workflows into its enterprise-grade platform, equipping customers for a future where AI makes autonomous decisions to augment human productivity and drives financial outcomes at scale.
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