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ICI for SAP Fieldglass[edit]
Overview[edit]
Icertis Contract Intelligence (ICI) integration for SAP Fieldglass
The Icertis Contract Intelligence (ICI) for SAP Fieldglass provides an intelligent and flexible contracting platform that helps to deliver an advanced contract authoring experience.
SAP Fieldglass is an application that supports Statement of Work (SOW) and contingent worker business processes. SAP Fieldglass has robust capabilities to operationalize a contract with documents such as timesheet, ordering, and invoicing. ICI can supplement these capabilities with its market leading contract authoring, assembling, redlining, and analytics capabilities.
The following diagram explains the end-to-end contract creation process of an SOW.
ICI for SAP Fieldglass Solution[edit]
With this release, ICI for SAP Fieldglass provides the following capabilities.
- Contract Authoring
Contract Managers can initiate an agreement in ICI, and provide all the information required to create a SOW.
- Contract Review, Approval, Signature, and Execution
ICI capabilities around contract redlining (such as Microsoft Word Experience, Online Editing), approval, signature can be leveraged to streamline the process with proper governance. Once executed, all relevant information is synchronized to the SAP Fieldglass.
- Contract Amendment
Amendments to the SOW can be initiated in ICI. Once the contract amendment is executed, the changes are reflected in SAP Fieldglass.
The following diagram explains the end-to-end SOW creation process.
- A contract manager initiates a Statement of Work (SOW) in ICI.
- ICI automatically assembles the legal language leveraging pre-approved template and pre-defined rules.
- The SOW review, approval, and signature are performed in ICI.
- Once the SOW is executed, all relevant information of the contract is synchronized with SAP Fieldglass.
- The operational SOW is available in SAP Fieldglass for downstream execution.
Benefits[edit]
- Accelerate contract turnaround times
Seamless integration with SAP Fieldglass enables organizations to quickly author and negotiate contractual terms closer to their clause positions and operationalize them.
- Realize the full value of every contract
Seamless data integration between ICI and SAP Fieldglass ensures negotiated commercial terms are enforced during the procurement and payable processes, helping maximize the value of every contract.
- Effectively manage legal and business risk
Predefined legal templates, corporate policies, and constant monitoring of contractual obligations & SLAs (Service Level Agreements) enable organizations to effectively manage legal and business risks.
