Icertis, a provider of contract lifecycle management in the Cloud, this month announced that Skullcandy, a lifestyle audio company, has selected the Icertis Contract Management (ICM) platform to systematically manage its contract operations.
Skullcandy will roll out ICM over the next 60 days to users across legal, HR, procurement, and sales departments as part of its contract management process. "As a global brand, we have an extensive contract library relevant to all departments internationally,” said Oriana Kacirek, senior manager and corporate paralegal for Skullcandy. “We wanted a robust platform to manage our process across all of our supply, vendor and license relationships."
Different from other contract management platforms that narrowly serve specific contract types, ICM was built from the ground up to manage all types of contracts from creation to expiration. In evaluating the platform, Skullcandy recognized the operational and financial benefits of maintaining a 360-degree view of all contracts, especially as it relates to issues with expirations and cross-departmental communication. The ICM platform offers real-time reminders and change notifications, along with user provisioning controls to restrict access to sensitive documents. For non-technical users within the company, ease of use was a major value-add, citing the ICM user interface as being easily adaptable by any department.