AI-Powered Contract Intelligence: Anand Subbaraman Named Icertis CEO

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Anand Subbaraman promoted to CEO of Icertis, driving AI-driven contract intelligence solutions with $350M ARR and serving Fortune 100 clients.

Auto-published by Growwh – a smarter way to scale content and marketing. Want to know more? Chat with us.

Icertis, a global leader in AI-powered contract intelligence, has announced a major leadership transition with Chief Operating Officer Anand Subbaraman promoted to Chief Executive Officer. The company’s co-founder and former CEO, Samir Bodas, steps into the role of Executive Chairman after more than 15 years at the helm. This strategic move signals a new chapter focused on scaling innovation and driving growth in the $350 million annual recurring revenue (ARR) business. Founded in 2009 by Samir Bodas and Monish Darda, Icertis has established itself as a pioneer in transforming enterprise contracting through artificial intelligence. Today, the company serves over one-third of Fortune 100 organizations, delivering a unified Contract Intelligence platform used by the world’s largest enterprises to centralize, manage, and analyze agreements at scale. The platform empowers companies to accelerate revenue growth, reduce costs, and improve negotiation outcomes by leveraging AI to unlock actionable insights embedded in contract data. Key features include real-time contract performance monitoring, contract term analytics, and compliance tracking, which together enable enterprises to treat contracts as strategic business assets. After leading Icertis through multiple growth phases and technological breakthroughs, Samir Bodas transitions to Executive Chairman to focus on health while continuing to provide strategic guidance. Bodas expressed confidence in Anand Subbaraman’s ability to lead the organization forward. He highlighted Anand’s extensive experience in building industry-leading products, operational expertise in delivering solutions at enterprise scale, and alignment with Icertis’ core values, encapsulated in the FORTE framework. Bodas emphasized the timing as ideal for Anand to take charge and drive the company’s next growth phase by expanding innovative AI applications in contract management. With over 25 years in enterprise software leadership, Anand Subbaraman brings a wealth of expertise from notable roles at Oracle, BrowserStack, and Finastra. As Icertis COO, he successfully led core business lines and accelerated AI capability development alongside expanding strategic partnerships with major cloud providers and system integrators. In his new capacity, Anand aims to deepen Icertis’ commitment to delivering “trusted AI,” enabling global enterprises to unlock greater value from their contracts. He underscored the critical industry inflection point where intelligent enterprise technology can transform business outcomes: “Icertis continues to deliver unique and differentiated contract intelligence through vast data assets, contract-specific AI, agents, co-pilots, and our Contract Intelligence platform to create fast, measurable ROI for customers.” “I am honored to lead Icertis and our incredible team to realise the company’s bold vision for the future of commerce – powered by contract intelligence.” As AI becomes integral to enterprise technology ecosystems, Icertis leverages contract-specific artificial intelligence to help organizations automate compliance, enhance risk management, and seize untapped commercial opportunities. The Contract Intelligence platform’s AI capabilities include: natural language processing tailored to legal agreements, AI-driven analytics for contract risk and performance assessment, and intelligent agents and co-pilots that assist commercial teams throughout contract lifecycles. This comprehensive approach enables clients to: uncover new revenue streams and cost-saving opportunities, ensure fulfillment of contractual obligations post-signature, and accelerate contract cycle times and negotiation outcomes. Icertis’ growth is fueled by partnerships with leading cloud providers and system integrators, ensuring its solutions scale within enterprise IT environments. The company’s prestigious client base—comprising over one-third of Fortune 100 companies—demonstrates its compelling value proposition in highly regulated and complex industries. With Anand Subbaraman as CEO, Icertis is positioned to enhance its leadership in contract intelligence amid an age defined by “AI everything.” The company aims to extend its platform’s reach and impact, empowering enterprises worldwide to transform contracting from a transactional function into a strategic advantage. By seamlessly integrating AI capabilities and focusing on customer success at scale, Icertis continues to pioneer solutions that redefine commerce through better contract management. Discover how AI-powered contract intelligence from Icertis can transform your enterprise contracting lifecycle and drive measurable ROI.

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