Source: Thomson Reuters
Thomson Reuters, a global content and technology company, and Icertis, a global leader in AI-powered contract intelligence, announced a strategic partnership. This collaboration is expected to transform enterprise-wide contract management by integrating Thomson Reuters CoCounsel, its professional-grade generative AI assistant, with robust contract intelligence capabilities from Icertis, to drive greater efficiency, compliance, insights, and strategic impact across the enterprise.
This strategic partnership addresses the urgent need for enterprise-wide contract management to be a shared responsibility within an organization, while maintaining legal oversight. By integrating CoCounsel’s advanced AI assistant – powered by trusted Thomson Reuters content –with the Icertis Contract Intelligence platform and its agentic AI capabilities, businesses can speed up time-intensive contract processes while enhancing intelligence and risk mitigation to unlock new value from their contractual data. At the intersection of commerce and compliance, this partnership will also help enable functions like procurement, sourcing, sales, HR and others to more efficiently initiate and manage contract-related tasks and reduce demands on legal teams, freeing legal up to move beyond traditional operational roles and focus on more strategic work.
“The pressure on legal, procurement, and other corporate professionals to deliver strategic value while navigating the intersection of commerce and compliance is immense,” said Laura Clayton McDonnell, president of Corporates at Thomson Reuters. “Our partnership with Icertis represents a pivotal advancement. We empower corporate professionals with the most advanced, content-driven, AI technologies to streamline contract review, allowing more time to focus on the company’s commercial goals. Our vision is to fundamentally transform how organizations approach and manage contracts. The solution enables professionals across the enterprise to leverage technology more autonomously and intelligently, driving contract collaboration under strong legal oversight. This aims to dramatically reduce friction and accelerate critical workflows.”
“Icertis is committed to bringing together rich data sources and best-in-class AI innovation in one platform to help enterprises realize value by turning their contracts into dynamic strategic assets,” said Anand Veerkar, Chief Revenue Officer, Icertis. “We have curated one of the largest contract data repositories in the world, and this partnership enables us to integrate Thomson Reuters’ comprehensive legal data to create a seamless customer experience that transforms the way legal teams work.”
Accenture, a strategic partner and customer to both Thomson Reuters and Icertis, will play a key role in accelerating client adoption and realizing the full potential of this integrated solution. With their deep expertise in reinvention and technology integration, Accenture will help guide clients in harnessing the combined power of CoCounsel and Icertis, facilitating seamless implementation and maximizing value across their organizations.
“The demand for advanced legal technology and seamless integration has never been higher,” said Christina Demetriades, Lead, Legal and Contract Transformation, Accenture. “This collaboration between Thomson Reuters and Icertis, with orchestration powered by Accenture, provides a clear pathway for legal departments to truly reinvent their operations and deliver unprecedented value to their businesses.”
Read the full article: https://www.thomsonreuters.com/en/press-releases/2025/september/thomson-reuters-icertis-and-accenture-announce-strategic-partnership-to-deliver-ai-powered-contract-intelligence-for-connected-business-operations
