Icertis Review, Pricing & Features

Icertis is an AI-powered contract lifecycle management platform for enterprises. See features, custom pricing, integrations and top CLM alternatives.

Category
Legal
Pricing
Enterprise, from Custom pricing
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Last updated
July 18, 2026
Founded
2009
Headquarters
Bellevue, Washington, United States
Web AppAPIAI

Overview

Icertis is an enterprise contract lifecycle management (CLM) platform, marketed as Icertis Contract Intelligence, that helps large organizations author, negotiate, execute and analyze commercial contracts at scale. Founded in 2009 by Samir Bodas and Monish Darda and headquartered in Bellevue, Washington, the company has grown into one of the most widely used CLM platforms among Fortune 500 companies.

Rather than treating contracts as static documents, Icertis structures contract data so organizations can search, analyze and apply AI to obligations, risk clauses and key terms across their entire contract portfolio, and the company maintains a deep go-to-market partnership with SAP, whose Ariba procurement suite resells Icertis technology as SAP Ariba Contract Intelligence.

Key Features

Icertis provides contract authoring and negotiation tools built around clause libraries and negotiation playbooks, paired with AI-powered contract review that can flag risky terms and extract obligations automatically from uploaded agreements.

The platform also includes obligation and milestone tracking, compliance and risk monitoring across a contract portfolio, and analytics dashboards that surface contract value, renewal timing and risk exposure, alongside native integrations with SAP Ariba, Salesforce and Microsoft business applications.

Pricing

Icertis does not publish public pricing. As with most enterprise CLM software, cost depends on the number of users, contract volume, selected modules and implementation scope, and is quoted individually after a sales consultation.

The platform is commonly sold in edition tiers referred to as Premium and Premium Plus, with the higher tier adding more advanced AI automation, collaboration tools and governance capabilities on top of core contract management, making Icertis best suited to organizations with budget for enterprise-grade software rather than small businesses seeking a low-cost e-signature tool.

Key Features

Pros & Cons

Pros

  • Deep, structured contract data model rather than flat document storage
  • Trusted by a large share of the Fortune 500 for high-volume enterprise contracting
  • Strong AI and generative AI capabilities for contract review and risk detection
  • Tight native integration with SAP Ariba's procurement ecosystem
  • Well-capitalized, established vendor with a long enterprise track record

Cons

  • No public pricing; an enterprise sales cycle is required for a quote
  • Implementation can be lengthy and resource-intensive for large rollouts
  • Primarily built for large enterprises, likely overkill for small businesses
  • Cost can be significant, with typical enterprise contracts well into six figures
  • Full functionality often requires purchasing multiple modules or editions

Pricing

Frequently Asked Questions

What does Icertis do?

Icertis is an enterprise contract lifecycle management platform that helps organizations author, negotiate, store and analyze contracts using structured data and AI.

How much does Icertis cost?

Icertis does not publish public pricing; cost is quoted individually based on user count, contract volume and selected modules, typically requiring a sales consultation.

Who founded Icertis?

Icertis was founded in 2009 by Samir Bodas and Monish Darda in Bellevue, Washington.

Is Icertis connected to SAP?

Yes, Icertis has a strategic partnership with SAP, and its product is resold as SAP Ariba Contract Intelligence by Icertis.

What company size is Icertis built for?

Icertis is designed primarily for large enterprises and mid-market companies with high contract volumes, not small businesses.

Has Icertis raised funding?

Yes, Icertis has raised roughly 520 million dollars total, including a 2019 round that made it a unicorn and a 150 million dollar facility secured in 2022.

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