Country for PR: United States
Contributor: PR Newswire New York
Thursday, May 17 2018 - 06:19
AsiaNet
Transurban Selects Icertis to Transform Source-to-contract Process
BELLEVUE, Wash. and MELBOURNE, Australia, May 17, 2018 /PRNewswire-AsiaNet/ --

-- Icertis to Drive Improved Compliance while Minimizing Risk and Increasing 
Agility 

Icertis (https://www.icertis.com/), the leading provider of enterprise contract 
management in the cloud, today announced that Transurban 
(https://www.transurban.com/), a leader in developing, operating and financing 
urban toll road networks, has selected the Icertis Contract Management (ICM) 
platform ( https://www.icertis.com/contract-lifecycle-management-platform ) and 
ICM Sourcing application to digitally transform Transurban's source-to-contract 
process.

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Successful infrastructure management requires full visibility into supplier 
relationships, and Icertis' solutions will form a key element of Transurban's 
sourcing and contract management processes. The ICM platform will improve 
compliance, minimize risk, and support long-term strategic agility for 
Transurban by delivering tools to manage obligations, entitlements and risks in 
supplier relationships. 

Transurban provides effective transportation solutions that support the growth 
and wellbeing of the cities in which it operates. Icertis' easy-to-use and 
highly configurable platform will support Transurban to intelligently manage 
the unique requirements of its large-scale public-private partnership (P3) 
transportation projects.

Headquartered in Melbourne, Australia, Transurban selected Icertis because of 
its platform's proven ability to improve collaboration at every stage of a 
sourcing process. Integration with financial and procurement systems, including 
Enterprise Resource Planning software such as Workday, was fundamental to the 
selection of Icertis. 

In addition, Transurban will utilize the ICM Sourcing application which extends 
the value of the ICM platform. The app leverages the enterprise-wide supplier 
relationships enshrined in contracts, and applies the ICM platform's artificial 
intelligence, compliance framework and risk management capabilities to 
proactively monitor contractual commitments and mitigate risks.

"We are delighted that Transurban has selected Icertis to drive the digital 
transformation of their sourcing and contract management processes," said Samir 
Bodas, CEO and Co-founder of Icertis. "As forward-thinking companies like 
Transurban look to compete globally, reimagining contracting as a foundational 
commercial system creates strategic agility while reducing risk. We look 
forward to partnering with Transurban on their journey to help communities 
thrive."

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

Icertis Media Contact:
Rob McMurtrie
Director of Corporate Communications
Icertis
PublicRelations@icertis.com
+1 (425) 869-7649

SOURCE: Icertis