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Spend Matters: Icertis-What Makes It Great

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© Spend Matters. All rights reserved. 1 As of Q3 2018, Spend Matters SolutionMap provides functional and customer satisfaction benchmarks for more than 50 software providers within the procurement, finance and legal technology sectors. To date, we have rated 13 providers for the contract lifecycle management (CLM) benchmark. Not every provider, however, has yet appeared in the CLM SolutionMap ranking charts and SolutionMap Insider subscription publications, because some are simply too far off the functional mark to make the cut. This is not the case with Icertis. In fact, Icertis sets the functional bar for CLM, pushing some of its competitors off the map in the process. In the latest SolutionMap benchmark dataset, Icertis takes first place for Analyst scoring. Within this market, the vendor stands out from the crowd for both the breadth and depth of its functional capabilities, as well as for its platform-based approach to CLM. But where does Icertis stand out most, and why should this matter for procurement and legal organizations? Let's delve into the SolutionMap CLM benchmark to find out. Where Icertis is Great (CLM SolutionMap) Based on its demonstrated technological capability, Icertis delivers the strongest performance for a contract management software vendor across all buying personas in the CLM SolutionMap. Its performance provides compelling evidence that company is a must-shortlist candidate for all contract management software buying scenarios. Across all of the providers Spend Matters ranks in SolutionMap, only Icertis stands out as the undisputed leader of any one modular area for functional (Analyst) scoring, putting considerable distance between itself and the second-place provider. Moreover, in nearly all SolutionMap areas, the distance between the top-performing provider and second place (based on Analyst scoring) is typically small. This is not the case with Icertis, which is significantly ahead of its peers. A N A L Y S I S - S E P T E M B E R 2 0 1 8 Icertis: What Makes It Great (Contract Lifecycle Management SolutionMap Analysis) Spend Matters Analyst Team "What Makes It Great" is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief offers quick facts on the provider, describes where it excels, provides hard data on where it beats the SolutionMap benchmark and concludes with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider it.

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