Icertis Copilots for FedEx
Introducing the first generative AI Copilots built for enterprise contracting.
Icertis Copilots are revolutionizing contract lifecycle management by empowering professionals with assistive, generative AI natural language capabilities.
Technological advancements, like generative AI, help FedEx enhance the value of every contract before it is signed and realize value post-execution. Digital systems empower companies to automate the management of obligations across their entire body of contracts, provide visibility across suppliers and distribution channels, and deliver key data for answering regulatory agencies. Moreover, decision-makers can accurately and swiftly extract insights critical for detecting opportunities and risks linked to regulatory compliance, business value improvement, market reach expansion, and accelerated innovation.
The Icertis Platform and Generative AI Porfolio
Icertis Developer
Network
The Icertis Developer Network enables system integrators to deploy custom extensions, reusable solutions, and business applications.
Contracts Data
Enterprise Data
Contracts Data Lake
Public Data
Microsoft Azure
Discover Copilot
Discover and Digitize All Legacy and Third-Party Contracts Automatically
Discover Copilot is an AI-powered application that seamlessly guides you through the complexities of managing third-party healthcare contracts, such as commercial insurance agreements. Leveraging the combined power of Microsoft Azure OpenAI and Icertis’ proprietary AI, it offers the following features:
- Image/PDF Conversion
- Gen-AI Powered Clause, Attribute Discovery
- Clause Matching, Comparison, Deviation Tracking
- Risk Identification
- Bulk Contract Actions
- In-built Table Discovery
Reduction in contract turnaround time
Visibility into all customer obligations
Reduction in contract admin costs
Interactive Insights Copilot
Deliver fast, intuitive contract summaries and analysis
With role-based summaries based on a unique combination of secure data sources, the Icertis Interactive Insights Copilot helps increase the speed and effectiveness of negotiations while providing instant answers to critical business questions.
Key benefits include:
- Negotiate from a position of power
- Fast track negotiations
- Provide interactive insights
- Analyze contracts at scale
Risk Assessment Copilot
Accelerate contract reviews with generative AI
Icertis Risk Assessment Copilot, powered by the Icertis ExploreAI Service, compares contract attributes against your specific risk criteria to help you ensure that required clauses and approved language are present in every agreement. It also earmarks agreements that don’t require further review, identifies and helps you address missing or noncompliant attributes, so you can focus on growing your business.
Key benefits include:
- Up to 40% faster contract reviews
- 360° visibility into risk profile of every contract
- Effort optimized, streamlined review process
Icertis Obligation Management Application
Protect your organization and run a compliant business at enterprise scale with the Icertis Obligation Management application.
The Obligation Management application is built on top of the Icertis Contract Intelligence (ICI) platform, enabling full lifecycle management of all contractual obligations.
The application is a one-stop solution for discovering, managing, and monitoring contractual obligations.
Key benefits include:
- Automation of obligation discovery and risk mitigation
- Centralized access and control of enterprise-wide obligations
- Easy monitoring of all obligations and fulfillment
