Icertis, the contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management (CLM), announced that it has appointed Rajat Bahri as Chief Financial Officer (CFO) to help guide the company through its next phase of growth.
What is Bahri’s industry expertise?
An industry veteran, Bahri has held financial leadership roles at public enterprises, pre-IPO firms, and at disruptive tech firms. Following senior leadership roles at Kraft Foods, Bahri transitioned to technology as CFO at Trimble Navigation and later at Jasper Technologies, where he executed Jasper’s acquisition by Cisco while on the company’s pre-IPO roadshow.
He then served as CFO at e-commerce leader Wish, where he took the company public in a December 2020 IPO. Most recently Bahri was CFO at identify management provider ID.me and currently serves on the Board of Pacific Gas and Electric Company (PG&E).
Bahri succeeds Curt Anderson, who as CFO for the last four years operationalised and added rigor to finance during a period of significant growth, with a more than 500% increase in ARR (annual recurring revenue) and about fourfold increase in employees during his tenure.
What were the executives’ thoughts on the appointment?
“Icertis is on a journey to transform the foundation of commerce, with contract intelligence becoming the fifth system of record for the enterprise. Rajat fits with our FORTE culture and brings financial and business expertise, to help Icertis capitalise on the opportunity ahead of us to be a consequential, enduring firm,” said Samir Bodas, Co-founder and CEO of Icertis.
“Icertis is transforming the CLM category via strong partnerships with platform leaders such as SAP and Microsoft, working with the best global systems integrators in the world and delivering significant value to iconic customers,” said Rajat Bahri, CFO at Icertis.
“What especially excites me is the transformational ability of structuring the information in business contracts into data, connecting that data to operational systems, and using AI to increase revenue, reduce costs, ensure compliance and manage risk. I look forward to working with the Icertis team and our customers to ensure that the intent of every agreement is correctly memorialised and fully realised,” Rajat Bahri further commented.