iCAT

Contract management platform that simplifies all stages of contracting from content creation to strategic supplier selection.

  • Healthcare

    Retail

  • Ecommerce

  • FMCG

    Manufacturing

  • Ecommerce

  • Healthcare

    Retail

  • Ecommerce

  • Healthcare

    Retail

  • Ecommerce

  • FMCG

    Manufacturing

  • Ecommerce

  • Healthcare

    Retail

  • Ecommerce

  • 60%

    Efficiency Improvement

    3-6%

    Spend Optimization

  • 98%

    First Time Right

  • 40%

    TAT Reduction

    20%

    Time Saved

  • 98%

    First Time Right

  • 60%

    Efficiency Improvement

    3-6%

    Spend Optimization

  • 98%

    First Time Right

  • 60%

    Efficiency Improvement

    3-6%

    Spend Optimization

  • 98%

    First Time Right

  • 40%

    TAT Reduction

    20%

    Time Saved

  • 98%

    First Time Right

  • 60%

    Efficiency Improvement

    3-6%

    Spend Optimization

  • 98%

    First Time Right

Dashboard

Industry Verticals

Impact we have created

INDUSTRY VERTICALS

  • Healthcare
  • Retail
  • Ecommerce
  • FMCG
  • Manufacturing

Impact we have created

  • 66%

    Processing Time Reduction
  • 50%

    Man Hour Efficiency
  • 20%

    Lead Time Reduction
  • 40%

    Decrease in lead time to supply
  • 100%

    E2E Tax Compliance

CHALLeNGES

Major challenges facing incumbent enterprises in the domain of procurement management include:

  • Labor intensive and time-consuming processes
  • Iterative processes for data validation
  • Inefficient collaboration with buyers
  • Inefficient renewal & amendment processes
  • Lack of clarity and actionable contract insights

OVERVIEW

Contract Creation

Simplify and streamline contract creation workflow

Collaboration

Collaborate with diverse teams in real-time to edit or create contract

Contract Data Retrieval

Define terms and conditions to validate contract

Contract Analytics

Predict and resolve contract issues with custom insights

Consolidated Contract Repository

Find contracts in no time using the elastic search functionality

Easy Integration

Align with legacy apps of CRM, ERP, e-sourcing and demand forecasting

How It Works

Demand Signal
Collect data on demand signal for trigger to contract creation
Create Contract
Creation/Renewal /Amendment/ Extension
Create, renew, amend or extend data as needed
Legal Compliance
Follow SOPs for legal compliance of contract 15 Words
Validations
Check relevant validations for the contract
Migrate Data
Legacy Apps to ERP
Transfer data through legacy CLM Systems to ERP
Direct to ERP
Transfer data directly to ERP systems

BENEFITS

Cloud & Onsite Hosting

Place agnostic cloud hosting and onsite deployment options

First Time Right

Get contract automation right the first time up to 98%

Collaboration

Collaborate with teams across geographies to edit contract

TAT Reduction

Reduce TAT for contract management by up to 40%

Spend Optimization

Rationalize contract costs by up to 3-6%

Reporting & Analytics

Monitor pricing, quota and supplier selection to cut costs