TLDR: Icertis has launched Vera, a new AI-powered offering designed to revolutionize contract intelligence. Vera leverages one of the world’s largest repositories of contract data to provide unparalleled accuracy and contextual understanding of business agreements. The platform, featuring Vera Copilot, Vera Agents, and Vera Analytics, aims to transform static contracts into strategic assets, enabling enterprises to manage complex relationships, mitigate risks, and drive performance with confidence. This launch comes as a recent Icertis survey reveals strong C-suite readiness for AI agents in contract negotiation and management, alongside a demand for robust security and accuracy.
Icertis, a global leader in AI-powered contract intelligence, today announced the launch of Vera, a groundbreaking AI solution poised to redefine contract management for enterprises. Vera is engineered to deliver ‘contract intelligence enterprises can trust,’ transforming static agreements into dynamic, strategic assets through smarter artificial intelligence.
At its core, Vera is powered by one of the world’s most extensive repositories of contract data, enabling it to reflect the true intent of agreements with unmatched accuracy. This deep contextual understanding of business relationships, spanning millions of customer, supplier, and partner interactions across diverse industries and geographies, allows Vera to comprehend complex contract dynamics—such as compound risks across clauses or cascading supply chain obligations—and provide precise insights. The platform enriches every contract interaction through its integrated components: Vera Copilot, Vera Agents, and specialized applications like Vera Analytics.
Icertis highlights three fundamental differentiators for Vera in the AI market: its foundation in Icertis’s deep expertise in enterprise contracts, its data-driven contextual understanding, and its seamless integration of contract data into core enterprise systems. This integration empowers AI to action the full intention of agreements, ensuring obligations are tracked, commitments are fulfilled, and performance is optimized at scale to drive strategic outcomes. Furthermore, Vera prioritizes enterprise-grade security and reliability, a critical factor for adoption, with over a third of Fortune 100 companies already trusting Icertis’s ethics-driven approach to data safeguarding.
Sudarshan Chitre, Senior Vice President of AI at Icertis, emphasized the strategic importance of this launch, stating, ‘The Icertis survey demonstrates that leaders are ready for a future where contracting and commerce happen autonomously, but they need reassurance that agents can operate with trust and accuracy. Accuracy is critical for businesses to become comfortable with increasing automation – and we’re quelling these concerns with the launch of Icertis Vera.’ Chitre further added, ‘Grounding AI’s decisions in the rules of business defined by contracts is the key to maintaining trust while capitalizing on the strategic benefits of AI to drive business performance.’
The launch is supported by insights from a recent Icertis survey of over 1,000 C-suite executives, which revealed that 83% prioritize AI agents for managing customer, supplier, and partner relationships. A significant 53% anticipate AI agents will negotiate customer or supplier deals within the next year, with an additional 34% expecting this shift within three years. Despite this enthusiasm, concerns persist, with 56% of leaders worried about giving AI agents autonomy without proper guardrails, citing security and privacy threats (40%), decisions without human approval (26%), and misinformation from inaccurate insights (18%) as top risks.
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Icertis’s commitment to AI innovation has been consistently recognized, including its third consecutive win in the 2025 Artificial Intelligence Excellence Awards for Generative AI. The company has also been a launch partner for Microsoft Azure OpenAI and maintains a strategic partnership with Microsoft, ensuring the robust security and reliability necessary for large-scale enterprise AI integration. This strategic direction is further underscored by recent leadership changes, with Co-founder Samir Bodas transitioning to Executive Chairman and Chief Operating Officer Anand Subbaraman appointed as the new CEO, signaling a continued focus on AI and agentic automation to revolutionize business relationships.
