Product Overview of Agiloft
Agiloft is a comprehensive and highly regarded Contract Lifecycle Management (CLM) software designed to streamline, automate, and enhance the entire contract management process for organizations of all sizes.
What Agiloft Does
Agiloft’s CLM platform is engineered to manage every stage of the contract lifecycle, from contract creation and negotiation to approval, execution, and renewal. It aims to improve efficiency, reduce risks, and enhance compliance by centralizing and automating contract-related processes.
Key Features and Functionality
Contract Lifecycle Management
Agiloft provides a centralized platform for managing all aspects of the contract lifecycle. This includes creating, storing, tracking, and managing contracts efficiently, ensuring that users can monitor key dates, milestones, and obligations to maintain compliance and minimize 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, ensuring the software aligns perfectly with their unique requirements.
Automated Alerts and Notifications
The software includes automated alerts and notifications to keep users informed about important contract milestones, deadlines, and tasks. This helps prevent missed deadlines and ensures effective contract management.
Document Management
Agiloft allows users to store and organize all contract-related documents in a centralized repository. 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
The platform offers robust reporting and analytics capabilities, enabling users to gain valuable insights into their contract management processes. Users can analyze data, generate reports, identify trends, track performance, and make informed decisions to improve contract outcomes.
Integration Capabilities
Agiloft integrates seamlessly with a wide range of existing systems, including Microsoft Teams, Outlook, Word, Dynamics, Salesforce, Tableau, and more. This integration allows for smooth connectivity with familiar tools, enhancing productivity and reducing the learning curve.
Electronic Signatures
The software integrates with electronic signature platforms such as DocuSign and Adobe Acrobat Sign, enabling users to sign contracts digitally. This feature speeds up the signing process and eliminates the need for physical signatures.
Compliance Management
Agiloft 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 for strict audit and compliance needs, such as Sarbanes-Oxley.
AI and Automation
Agiloft leverages AI to improve contract management, offering features like the Agiloft Contract Assistant for Microsoft Word, which helps in creating automated document templates and guiding negotiation strategies. The platform also includes out-of-the-box AI capabilities and the ability to build custom 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. It 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, enhances data visibility, and empowers teams to work more efficiently. Its customizable workflows, automated alerts, robust reporting, and seamless integration capabilities make it an ideal choice for organizations seeking to optimize their contract management practices.