Icertis Selected by Airbus to Digitally Transform Global Supply Chain Sourcing & Contract Lifecycle

BELLEVUE, Wash. - Oct. 17, 2018 - PRLog -- Icertis (https://www.icertis.com/), the leading provider of enterprise contract management in the cloud, today announced that Airbus (https://www.airbus.com/) has selected the Icertis Contract Management (ICM) platform (https://www.icertis.com/contract-management-software/) and the ICM Sourcing application built on the ICM platform, to be the source-to-contract solution for its direct sourcing and contracting across its Commercial Aircraft, Helicopters, Defence and Space Divisions. By putting contracts at the center of sourcing, Airbus will now be able to digitally optimize vendor relationships, accelerate commercial negotiations, and increase compliance.

"As Airbus strives to create a better connected, safer and more prosperous world, we needed a transformative approach to contracting that accelerates business velocity while improving compliance," said Klaus Richter, Chief Procurement Officer at Airbus. "The ICM platform and ICM Sourcing application will allow us to digitally transform our commercial foundation in the supply chain, ensuring best-in-class supplier evaluation, selection, contracting and collaboration – all while reducing supply chain risk."

Icertis was selected because of its strong track record of rapid global implementation (https://www.icertis.com/customer/daimler-ag/)s across multiple industries, demonstrating that it is  easy to use and easy to configure. Additionally, its enterprise-wide approach (https://spendmatters.com/2018/09/17/icertis-what-makes-it...) can unify all sales and procurement contracts on a single platform, fostering end-to-end integration and breaking silos. As Airbus works with over 12,000 direct suppliers, the platform's integrated business processes spanning sourcing and contract management and ability to easily integrate with existing procurement systems were also fundamental to the company's decision.

"We're thrilled to have Airbus, a worldwide leader in aerospace manufacturing and services, as a customer," said Samir Bodas, CEO and Co-founder of Icertis. "As iconic global companies like Airbus look to increase strategic agility through digitization, optimizing their commercial relationships is essential. The ICM product portfolio consisting of the ICM Platform, ICM Apps, and ICM Experiences does exactly this by enabling businesses to connect their market opportunities with their supply chain more effectively – bridging one of the largest enterprise gaps of the digital age."

For more information about Icertis, visit www.icertis.com.

About Icertis

Icertis, the leading provider of enterprise contract management in the cloud, solves the hardest contract management problems on the easiest to use platform. Icertis helps companies transform their commercial foundation ensuring compliance, improving governance, mitigating risk and enhancing user productivity, thereby improving the bottom line. The Icertis Contract Management (ICM) platform is used to manage 5+ million contracts by 2+ million subscribers at companies like 3M, Daimler, Microsoft, Roche and Wipro in 40+ languages across 90+ countries. The AI-powered platform allows customers to increase contract velocity and agility, proactively manage entitlements and obligations as well as surface commercial insights and intelligence.

Icertis Media Contact:

Haley Flanagan
Director of Corporate Communications, Icertis
CorpComm@icertis.com
+1 (425) 869-7649