Icertis has launched its Contract Lifecycle Management product (ICLM) on Microsoft Corp.'s Windows Azure in India. ICLM is a breakthrough solution that delivers significantly improved efficiency in the contracting process at a lower cost, with increased compliance and lower risk.
Samir Bodas, Co-Founder & CEO, Icertis said, "Improving efficiency and managing contractual risk are becoming critical in today's global business scenarios. ICLM, our cloud based CLM product, not only streamlines the complex contract lifecycle process, but also helps businesses improve contract compliance. We are very upbeat about the cloud computing market in India, which is one of the fastest growing in the world. The launch of ICLM is a major step in the execution of our cloud-native ERP surround product strategy."
"As a global business executing hundreds of thousands of contracts annually, Microsoft needed a solution that was scalable, easy to use and readily customizable to our unique processes. Of all the vendors we evaluated, the Icertis CLM product had the best architecture, the most inspired user interface, and a compelling and innovative approach to managing the contract lifecycle process. We have deployed the product globally, including in India, with great user adoption and high satisfaction," said Michel Gahard, Associate General Counsel, Microsoft.
