Product Overview of Agiloft
Agiloft is a comprehensive Contract Lifecycle Management (CLM) software designed to streamline and automate the entire contract management process, from creation to renewal. Here’s a detailed look at what Agiloft does and its key features.
Contract Lifecycle Management
Agiloft provides an end-to-end solution for managing contracts, covering all stages of the contract lifecycle, including creation, negotiation, approval, and renewal. This centralized platform allows users to track key dates, milestones, and obligations, ensuring compliance and minimizing risks.
Customizable Workflows
One of the standout features of Agiloft is its highly customizable workflows. Users can tailor these workflows to match their specific business processes without requiring any coding. This flexibility ensures that the software aligns perfectly with the unique requirements of each organization.
Automated Alerts and Notifications
Agiloft includes automated alerts and notifications to keep users informed about important contract milestones, deadlines, and tasks. This feature prevents missed deadlines and ensures effective contract management.
Document Management
The software offers a centralized repository for storing and organizing all contract-related documents. This makes it easy to access and retrieve important documents, improving overall efficiency and reducing the time spent searching for critical information.
Reporting and Analytics
Agiloft provides robust reporting and analytics capabilities, enabling users to gain valuable insights into their contract management processes. With real-time dashboards and reporting tools, users can identify trends, track performance, and make informed decisions to improve contract outcomes.
Integration and Connectivity
Agiloft integrates seamlessly with a wide range of existing systems, including Microsoft Teams, Outlook, Word, Salesforce, Dynamics, Tableau, and more. This integration allows for smooth connectivity with familiar tools, enhancing productivity and reducing the learning curve for users. The platform also supports full integration via Web services, REST, Java, and Perl APIs, as well as Single Sign-on and LDAP/Microsoft Active Directory.
Electronic Signatures and Compliance
Agiloft integrates with electronic signature platforms like DocuSign and Adobe Acrobat Sign, enabling users to sign contracts digitally. This speeds up the signing process and eliminates the need for physical signatures. Additionally, the software helps organizations stay compliant with regulations and internal policies by providing alerts and notifications for key compliance requirements.
AI and Automation
Agiloft leverages AI to improve contract management, offering features such as the Agiloft Contract Assistant for Microsoft Word. This tool helps in creating automated document templates, building a library of standard and fallback clauses, and providing guidance to power negotiation strategies. The AI Core includes out-of-the-box AI capabilities and an open AI engine for custom-built AI tools.
User Interface and Accessibility
The platform boasts an intuitive user interface with flexible search capabilities, making it easy to locate clauses, performance data, or compliance metrics quickly. Agiloft also offers mobile interfaces and sophisticated field-level user access permissions, ensuring that users can work efficiently across various devices.
Conclusion
In summary, Agiloft is a powerful and versatile CLM solution that streamlines contract management processes through customizable workflows, automated alerts, robust reporting and analytics, seamless integration with other tools, and advanced AI capabilities. Its adaptability, ease of use, and comprehensive feature set make it an ideal choice for organizations of all sizes looking to enhance their contract management efficiency and compliance.