Australia’s Treasury Wine Estates, one of the world’s largest wine companies, has deployed the Icertis Contract Management (ICM) platform to streamline, standardize and automate its contracting processes.  

The company behind such iconic brands as Penfolds, Wynns and Wolf Blass is using the ICM platform across its global operations to increase visibility among the numerous contracts it has with suppliers, distributors, customers, employees and stakeholders.

The ICM platform provides Treasury Wine Estates with a consolidated contract management system that streamlines and simplifies its end-to-end contract execution process. With approver automation and digital signing, ICM enhances the end-user experience and provides greater oversight and reporting on the company’s contractual rights and obligations.

Treasury Wine Estates selected Icertis because of its ability to support its global operations across a number of countries and languages. The ICM platform supports multiple languages, region-based workflow variations, and use-specific templates across various types of contracts. This will support Treasury Wine Estates as it manages relationships with suppliers and customers across 70 countries while meeting the demands of local and global regulations.

“We are delighted to help Treasury Wine Estates pursue its vision of becoming the world’s most celebrated wine company,” said Samir Bodas, CEO and Co-founder of Icertis.

 “As companies look to grow, transforming their commercial foundation is imperative. Accelerating contract management is vital to keep up with the fast-paced innovation in today’s highly competitive markets.”