Agiloft

By Agiloft, Inc.
Contract Lifecycle Management AI-Driven

Agiloft provides a flexible platform built on a no-code/low-code foundation, allowing extensive customization without programming. While offering various business process solutions (like ITSM), its core focus is often on its comprehensive Contract Lifecycle Management (CLM) module. This module covers the entire contract lifecycle, supported by workflow automation, a central repository, and integrations. Agiloft incorporates AI for tasks like metadata extraction, clause identification, risk analysis, and recently added generative AI capabilities for review/redlining through the acquisition of 'Screens'. It emphasizes adaptability to specific business needs and boasts a high implementation success rate.

Key Information

Pricing

Model: SaaS subscription, tiered based on users/features/modules. Also offers a free plan.

Starting at: Free plan available. Paid plans require contacting vendor for quote.

Free Plan: Available

Trial: Not Available

Audience

Primary: Corporate Legal Departments, Procurement Teams, Sales Operations, IT Departments (for ITSM).

Secondary: Finance Teams, Compliance Teams, Vendor Management.

Use Case

Contract Lifecycle Management (CLM), Business Process Automation.

Pros & Cons

Advantages

  • Highly flexible and customizable
  • Strong workflow automation
  • Robust feature set
  • Can consolidate multiple business processes
  • Generally positive customer service feedback
  • Offers free plan (limited).

Limitations

  • Customization can lead to complexity in setup and maintenance
  • User interface sometimes described as less modern or visually appealing than competitors
  • Implementation can be lengthy/complex depending on requirements
  • Some reviews mention past issues with upgrades or specific integrations (e.g., DocuSign).

AI Capabilities

  • AI-powered data extraction
  • Clause analysis
  • Risk scoring
  • Anomaly detection. Generative AI for contract review/redlining (via Screens acquisition). Pragmatic AI approach emphasized.

Integrations

  • Microsoft Office (Word, Outlook)
  • Google Workspace
  • Salesforce
  • SAP
  • Oracle
  • Workday
  • DocuSign
  • Adobe Sign
  • Tableau
  • SharePoint
  • Various ERP/CRM systems via built-in iPaaS (integration platform).

Unique Features

  • Extreme customizability via no-code platform
  • Data-first approach
  • High implementation success rate claimed (99.6%)
  • Ability to manage CLM and other business processes on one platform. Acquisition of Screens adds unique GenAI review capability.
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Disclaimer: Information accuracy is not guaranteed. Always verify details directly with the provider and consult with qualified professionals before making decisions. This tool is not a substitute for legal advice.