Customers can accelerate contract lifecycles, optimise spending and protect against risk
Software firms Icertis and Workday have partnered to modernise enterprise management.
Having gained Workday Certified Integration status, Icertis can enable joint customers to accelerate their contract lifecycle, optimise their spend management, increase purchasing power with suppliers, protect against risk, and simplify system management for organisational changes.
The new Icertis Experience for Workday connects Workday Financial Management solutions such as Workday Procurement and Workday Human Capital Management (HCM) with the Microsoft Azure-based Icertis Contract Management (ICM) platform.
Workday Financial Management provides organisations with real-time visibility, speed and agility regarding financial capabilities. Workday Procurement streamlines the procurement process by consolidating user profiles, business process controls and analytics in one system. In addition, Workday HCM enables organisations to make faster decisions and gain operational visibility.
“We believe our leading contract management platform, when combined with Workday’s proven solutions, will enable companies to view their valuable data and contract assets across key finance and human resource functions,” said Peter Boit, chief alliances officer at Icertis. “Through our partnership with Workday, we can help our clients achieve greater savings and accelerate procurement times so they can focus on moving their businesses forward.”