About the CompanyĪriba, a SAP company, was founded in 1996 and is headquartered in the Palo Alto, California.
The platform is designed to alert users when pre-approved formatting or language has been altered, provides users with a central storage repository for all documents and contracts, and allows users to set reminders for key milestone dates and contract renewals. The software enables users to collaborate with stakeholders, works to ensure operational, contractual and regulatory compliance, and allows users to create contracts via Microsoft Word, pre-approved templates and legal clauses. The platform is designed to manage procurement, sales contracts, IP licenses and internal agreements, automates the full contract lifecycle, and standardizes all contract development practices. SAP Ariba Contract Management is contract management software that provides companies with a paperless environment for all creation, execution and management processes for all contractual agreements.
Select CustomersĬontact vendor directly for case studies. Vendor works with enterprise and mid-sized companies. Product available as a SaaS solution and requires no additional hardware for installation. Identify and assess contract risk by automatically tracking commitments, expiries, deviations and other contract obligations in ICI.Contact vendor directly for pricing information.Interface supplier master data from SAP Ariba to ICI. The Icertis Contract Intelligence (ICI) platform extends the SAP ecosystem by plugging into SAP Ariba and SAP Customer Experience, automating all aspects of.Once the contract amendment is executed in ICI, the changes can be synced between SAP Ariba and ICI. Ariba (now SAP Ariba) was founded in 1996 4 by Bobby Lent, Boris Putanec, Paul Touw, Rob Desantis, Ed Kinsey, Paul Hegarty, and Keith Krach 5 on the idea of using the Internet to enable companies to facilitate and improve the procurement process, which was paper-based, labor-intensive, and inefficient for large corporations.
Initiate amendments in SAP Ariba Contract Workspace or ICI, post which one can complete legal authoring for the amendment in ICI.Leverage powerful negotiation and collaboration using MS Word Online Editing, MS Teams Experience Advanced Redline tracking Enable self-service contracting, best in class rule driven contract authoring for dynamic assembly of clauses and documents.Subsequently initiate the contract from ICI or SAP Ariba and collaborate with internal and external stakeholders to sign and execute the contracts. Easily create, publish, and award sourcing events in SAP Ariba. The SAP Ariba Contracts solution creates a single integrated view of contract data and standardizes related processes, helping your business realize negotiated.The Icertis Contract Intelligence (ICI) for SAP Ariba enables organizations to realize the full promised value of the contract through a seamless integration of best-in-class contract management and spend management solutions.
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