Product Overview of Agiloft
Agiloft is a comprehensive and highly acclaimed Contract Lifecycle Management (CLM) software designed to streamline, automate, and optimize the entire contract management process for organizations of all sizes.
What Agiloft Does
Agiloft serves as a centralized platform for managing all aspects of the contract lifecycle, from contract creation and negotiation to approval, execution, and renewal. It integrates contractual commitments with real business processes, leveraging AI to enhance contract management for legal departments, procurement, and sales operations. This integration helps in reducing compliance risks, accelerating sales cycles, and enabling more efficient legal and procurement operations.
Key Features and Functionality
Contract Lifecycle Management
Agiloft provides end-to-end contract lifecycle management capabilities, allowing users to create, store, track, and manage contracts efficiently. This includes managing key dates, milestones, and obligations to ensure compliance and minimize risks.
Customizable Workflows
One of the standout features of Agiloft is its highly customizable workflows. Users can tailor workflows to match their specific business processes, automating repetitive tasks and streamlining the contract approval process without the need for programming, thanks to its no-code platform.
Automated Alerts and Notifications
The software 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
Agiloft allows users to store and organize all contract-related documents in a centralized repository, making it easy to access and retrieve important documents whenever needed. It also includes features like document versioning, check-in/checkout controls, and dynamic document templates.
Electronic Signatures
Agiloft integrates with electronic signature platforms such as DocuSign and Adobe Acrobat Sign, enabling users to sign contracts digitally. This speeds up the signing process and eliminates the need for physical signatures.
Compliance Management
The software helps organizations stay compliant with regulations and internal policies by providing alerts and notifications for key compliance requirements. It ensures timely action and maintains a full audit trail and automatic documentation to meet strict audit and compliance requirements.
Reporting and Analytics
Agiloft offers robust reporting and analytics tools that allow users to track contract performance, monitor key metrics, and identify areas for improvement. Customizable dashboards provide real-time insights into contract data, and integrations with tools like Tableau enable advanced data visualization.
Integrations
Agiloft seamlessly integrates with a wide range of business systems, including Microsoft Teams, Outlook, Word, Dynamics, Salesforce, Tableau, and over 1,000 other adjacent systems. This connectivity ensures that contract data flows throughout the organization, enhancing transparency and adoption.
Security and Dependability
Agiloft is known for its extensive security certifications, including SOC1, SOC2, and ISO27001, ensuring that the data is safe and secure. With over 30 years of experience and use by over a thousand organizations worldwide, Agiloft is a dependable choice for contract lifecycle management.
Conclusion
In summary, Agiloft is a powerful and versatile CLM software that streamlines contract management processes, enhances efficiency, reduces risks, and improves compliance. Its customizable workflows, automated alerts, robust analytics, and extensive integrations make it an indispensable tool for organizations seeking to optimize their contract management operations.