Case Study: HP Inc. achieves faster procurement decisions with Icertis Contract Intelligence

HP Inc cuts contract turnaround time 30% with Icertis

HP Inc., a global technology leader, faced significant challenges as supply chain disruptions and shifting market demands pressured its sourcing organization. The company had limited visibility into its supplier contracts, with critical commercial data locked in documents across legacy systems. This lack of access slowed decision-making, as even routine questions required manual review of individual agreements. To address this, HP turned to the Icertis contract intelligence platform.

Using Icertis, HP centralized over 16,000 contracts and transformed static documents into structured, searchable data. The platform enabled instant querying of key terms and automated workflows. This solution delivered substantial results, including a 30% faster buy-side contract turnaround time and an 80% reduction in template complexity. HP also achieved a 70% increase in contracts executed via e-signature and enabled over half of its agreements through self-service, making contract data actionable across procurement, legal, and finance teams.

HP Inc