Companies negotiate contracts determined to maximize benefits and then the contract gets signed and stored in various places. The enforcement of the obligations (rebates, discount thresholds, entitlements) which impact profitability don't get monitored or managed. With Icertis you can automated obligation management across thousands of contracts to ensure those hard fought negotiations pay off. One of the many benefits of enterprise contract intelligence.
Negotiating contracts that account for price adjustments is critical to protect margins in an unpredictable economy. But managing and enforcing pricing across thousands of agreements can lead to #revenue leakage when what should be paid or earned doesn't actually happen in practice.
Learn how #AI-driven contract management solutions can effectively eliminate the problem: https://bit.ly/3ZfXSts
Exciting to see progress toward streamlining processes and delivering more value.