Icertis Named a Leader in 2025 IDC MarketScape for AI-Enabled Buy-Side Contract Lifecycle Management Applications

AI-Powered Icertis Contract Intelligence Drives Strategic Value Across Enterprise Supply Chains

BELLEVUE, Wash.--(BUSINESS WIRE)--Icertis, the global leader in AI-powered contract intelligence, today announced that it has been recognized as a Leader in the IDC MarketScape: Worldwide AI-Enabled Buy-Side Contract Lifecycle Management Applications 2025 Vendor Assessment (doc #US53575125, June 2025).

According to the report, “Buyers should consider Icertis when they require an enterprise-grade CLM solution with advanced AI-driven negotiation, analytics, and compliance capabilities. Icertis is particularly well-suited for global organizations managing complex contract portfolios, seeking to leverage contract data as a strategic asset, and needing robust integration with core business systems.”

The IDC MarketScape evaluates vendors based on strategy, capabilities, and customer feedback to assess their delivery of CLM solutions tailored to meet the unique needs of procurement departments. In an environment where businesses face unpredictable shifts in global trade and regulations, contract intelligence is essential to speed source-to-contract processes while maintaining margins and shielding enterprises from risk.

“As global supply chains face mounting complexity, enterprises are rethinking how they manage supplier relationships to minimize disruptions and drive agility,” said Patrick Reymann, Research Director, Procurement and Enterprise Applications, IDC. “Icertis distinguishes itself in the buy-side CLM space by helping procurement leaders turn contracts into strategic assets – enabling businesses to impact commercial goals and safeguard compliance across the entire contract lifecycle.”

The Icertis Contract Intelligence platform – trusted by more than one-third of the Fortune 100 – brings together best-in-class AI and contract data that reflects every business transaction to find immediate value in commercial agreements. With GenAI-powered analytics that optimize contract performance at scale, Icertis ensures that what’s agreed to in contracts is delivered to enable long-term business outcomes around revenue, savings, and compliance. Key strengths of Icertis include:

• AI-powered analytics: Enterprises gain real-time insights with advanced AI capabilities that inform better decision-making during contract negotiations, empowering procurement teams to help recapture revenue and contain costs across the business.
• Deep integrations: The Icertis platform integrates seamlessly with core systems to create a single source of truth that connects contract data with financial records like invoices. Icertis also delivers a network of trusted implementation partners – including Accenture, Deloitte, PwC, and KPMG – that offer deep expertise and proven methodologies to support smooth, scalable deployments tailored to each customer’s needs.
• Enterprise-grade security and compliance: Icertis is compliant with global standards including GDPR, SOC 2, and ISO 27001, providing the security and trust enterprises need backed by the reliability of Microsoft Azure.

“When connected with enterprise data, contracts become dynamic sources of intelligence that deliver insights, improve efficiency, and drive performance to maximize every business relationship,” said Sudarshan Chitre, Senior Vice President, Artificial Intelligence, Icertis. “We believe this recognition in the IDC MarketScape is a testament to our innovation and leadership in applying advanced AI to unlock the full potential of contracts – particularly as more than half of procurement leaders prioritize AI to accelerate ROI and deliver measurable outcomes in today’s complex environment.”

Icertis is widely recognized as a leader in CLM by top analyst firms and was previously named a Leader in the IDC MarketScape: Worldwide Contract Life-Cycle Management Software for Corporate Legal 2024 Vendor Assessment (doc#US51541124, September 2024). The company has also been recognized as one of the Fastest Growing Companies in the Americas by the Financial Times and ranked among the world’s top private cloud companies on the Forbes Cloud 100 list.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

IDC MarketScape: Wordwide AI-Enabled Buy-Side Contract Lifecycle Management Applications 2025 Vendor Assessment (doc#US53575125, June 2025)

IDC MarketScape: Worldwide Contract Life-Cycle Management Software for Corporate Legal 2024 Vendor Assessment (doc# US51541124, September 2024)

About Icertis

Icertis delivers AI-powered insights and agentic automation to transform static contracts into strategic enterprise advantage. The Icertis Contract Intelligence platform revolutionizes how enterprises manage their customer, supplier, and partner relationships, enabling businesses to grow revenue, control costs, mitigate risk, and ensure compliance. Today, more than one third of the Fortune 100 trust Icertis to realize the full potential of millions of business relationships in more than 90 countries around the world.