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BearingPoint partners with Icertis to get most out of business contracts

BearingPoint partners with Icertis to get most out of business contracts

Icertis has struck a new strategic partnership with IT services firm BearingPoint, aimed at transforming contract management for companies worldwide.

The collaboration combines BearingPoint’s extensive advisory and implementation expertise with the enterprise-grade technology of the Icertis platform to deliver innovation and efficiency, the partners said.

BearingPoint will also integrate the Icertis platform with its core operational systems to optimise internal contracting processes. This will enhance operational efficiency and visibility across its enterprise contracts, driving intent realisation around “increased revenue, reduced costs, compliance, and risk”, it said.

Icertis transforms contracts into strategic assets that drive critical business outcomes, including revenue growth, cost control, risk mitigation, and compliance. By extracting the critical information contained in contracts, structuring it into a common data model, and connecting it seamlessly with operational systems like ERP, SCM, CRM, and HCM, Icertis can “ensure the intent documented in every contract is fully realised in practice”.

“The decision to double down on Icertis builds on the growing importance of contract intelligence in the professional services industry and the increasing demand for AI solutions that integrate seamlessly with core operational systems,” said Jean-Paul Wehrens, partner, BearingPoint. “By modernising contracting processes and enhancing integration capabilities, we not only improve operations but also equip our clients to realise significant benefits with the Icertis platform.”

"With its seamless integration capabilities, Icertis is poised to become the preferred solution for enterprise contracting for professional services companies like BearingPoint, unlocking tremendous value for their business and their customers,” said Roman Howe, corporate vice president, Europe, Icertis. “We are pleased to bring the scope and scale of the Icertis platform to BearingPoint and extend these benefits to their clients.”