BELLEVUE, Wash., LONDON, 9 May 2023 – PwC, Microsoft and Icertis today formally announced a new strategic collaboration that will provide C-suites with a powerful, innovative AI-driven approach to contract management that enables accelerated enterprise-level digital transformation.
The new collaboration builds on the strength of existing relationships Microsoft has with both PwC and Icertis. It offers a contract intelligence platform that provides C-suites with the ability to unlock critical business insights from data embedded in contracts and use it to automate end-to-end business processes. As a result, C-suites will realise significant cost savings and reduced revenue leakage, more visibility into the delivery of ESG commitments, better compliance and risk management, and greater transparency.
In the past, contract management could often be a burdensome and disjointed process leading to siloed and inaccessible data. AI solves this by digitising the contracting process from contract creation to realising the contract’s intent to help enterprises better navigate today’s economic climate, including inflation and supply chain disruptions. PwC, serving as the transformation partner, will integrate Icertis into Microsoft Azure powered solutions, to help clients achieve enterprise-wide transformational value.
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