Roche Considers Enterprise Contract Management Software from Icertis


Presentation Description

Roche Diagnostics rebuild its contract management system on the Icertis Contract Management Platform, which has helped them to scale to meet an increasing volume of contracts. Roche now has end to end visibility into the contracting process.


Presentation Transcript

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Company Profle Roche Diagnostics grew from a small drug laboratory into one of the top ten pharmaceutical companies in the world. They are committed to the early detection prevention diagnosis and treatment of disease. Objective Create a central repository and governance to improve the ability to manage thousands of contracts across the organization. Results • Created a centralized document repository • Signifcantly reduced loss of revenue • Automated contract creation • Improved process compliance and administration • Introduced features including contract risk profling clause deviation analysis commitment tracking and audit trails Biotech Innovator Roche Leverages Icertis Contract Management Platform to Improve the Quality of Life By rebuilding their contract management system on the Icertis Enterprise Contract Management Platform Roche Diagnostics in now able to scale to meet an increasing volume of contracts. Today Roche has the visibility into the contracting process from end- to-end. With a centralized document repository and automation they can focus on delivering a broad range of innovative pharmaceutical products that improve the quality of life of people around the world. Business Challenge Roche Diagnostics was overwhelmed by a steady rise in the number of contracts. Their old contract management system relied on manual processes. With multiple stakeholders across the globe creating and approving contracts was a time-consuming process prone to errors and fraught with risks.

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Solution Icertis worked closely with Roche legal specialists to design a solution tailored to their needs. The solution Icertis delivered facilitates collaboration between stakeholders while reducing contract administration costs. In addition the system enables Roche to easily monitor and report on contractual obligations a critical component when seeking to ensure compliance and reduce contractual risks. Results The Roche legal team was immediately impressed with the new contract management system. The new solution featured an easy-to-use interface that encouraged user adoption and reduced training time. Architected from the ground up to be fexible and scalable the new contract management system is designed to integrate into other applications and can be easily customized to meet new requirements in the future. Icertis’ innovative approach to process streamlining and automation—using SharePoint—helped plug revenue leakage and set us up for working even more closely with our sales teams.” Rita Kale Head of Finance Roche Diagnostics About Icertis Icertis is the leading provider of contract lifecycle management in the cloud. Icertis Contract Management is an innovative easy-to-use platform that is highly confgurable and continually adapts to your complex business needs. Today the Icertis platform is used to manage 2+ million contracts by 500000+ users in 90+ countries and 40+ languages. With its intelligent workfow and built-in analytics the Icertis platform provides ongoing contractual insights and best-of- breed contract management enabling customers to increase compliance improve governance and mitigate risk. | +1 844-404-2244 14711 NE 29th Place Suite 100 Bellevue WA 98007 All rights reserved. © Icertis 2017

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