Agiloft

Score7.3 out of 10

13 Reviews and Ratings

What is Agiloft?

Agiloft offers contract lifecycle management (CLM) software, connecting contractual commitments to real business outcomes using its Data-first Agreement Platform (DAP). With contract data as the foundation, customers can collaboratively reach agreement and leverage contract visibility.

Employing artificial intelligence as a legal force multiplier, and integration capabilities as a data liberator, organizations can use Agiloft’s certified implementers to deliver connected, intelligent, and autonomous solutions across the contract lifecycle.

Agiloft boasts a 99.6% implementation success rate, and a 97% customer retention rate, with companies like CDW, Roche, BISSELL, and Fraser Health, as users of Agiloft's CLM software.

Categories & Use Cases

Media

Screenshot of Agiloft dashboards that provide access to data and insights

Screenshot of function-specific dashboards that provide access to the most relevant data

Screenshot of records with clear process advancement prominently featured

Screenshot of Agiloft's search feature that reveals contracts in even the largest repositories

Screenshot of the drag-and-drop workflow creation that lets users manage their process without code.

Screenshot of the plug-in that puts contracts, including AI review and data analysis at users’ fingertips

Screenshot of generative AI redlining, used to align third party clauses with standard language.

Screenshot of the GenAI Prompt Lab that shares prompt templates with all for rapid automation of repetitive tasks

Screenshot of the Generative AI that lets authorized users intelligently question any contract

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Screenshot of Agiloft dashboards that provide access to data and insights

Contract templates
Allows users to set up templates or templatize old contracts in order to make new contract creation easier and more consistent.
Category average: 8.4
Contract sharing
Users can easily and securely share contracts with internal users and external users. Contracts are accessible.
Category average: 8.2
Contract editing
Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.
Category average: 8.7

Contract creation
Includes a document generator and tools for creating new contracts.
Category average: 8.8
Guided logic
Automated questions (based on company policies and the circumstances of the deal) help with the contract authoring process; this is an example of partial automation.
Category average: 7.1
Compliance check
Users can define and enforce complex business rules related to compliance regulations; helps automate or partially automate contract compliance check.
Category average: 7.8

Verified User

Paraprofessional in Legal (5001-10,000 employees employees)

Use Cases and Deployment Scope

Agiloft is used as our contract repository and lifecycle management tool. When a recruiter requests a new employment agreement, they complete a form in Agiloft which then populates and creates a print template from the information in the form. We then review and send the generated template to the employee for approval. Once approved, Agiloft sends the agreement through DocuSign for electronic signature. All contracts an related amendments are stored in Agiloft where they can be searched and reports ran on the data.

Pros

Agiloft gathers and stores data very well
Reports are easy to create and run
Agiloft integrates with other products well
Agiloft automates emails to other departments with relevant information as status changes.

Cons

We store amendments to our employment agreements and Agiloft does not data stack the changes into one record for easy review
Once an agreement reaches the start date, Agiloft often fails to move agreement to active status

Return on Investment

We are able to generate and review a contract in 10 minutes and this previoulsy took about an hour
We are able to perform searches and reports that we were not able to do before
Eliminated the need for a second paralegal to review the first paralegal draft thus saving a lot of time
Eliminated administrative steps for distribution of executed contracts to other departments

Usability

Other Software Used

Smartsheet, DocuSign

James Anderson View profile

Healthcare Architect in the Business Development/Medical Economics Dept in Corporate at University of Miami, Miller School of Medicine (5001-10,000 employees employees)

Pros

Categorizing data based on your specific business needs.
Comparing documents and identifying risk.
Workflow management and visibility into state of things.

Cons

Reporting ( I would love to see Power BI integration).
Easier to design End User Portal.

Return on Investment

Better ability to find the contract you are looking for.
Broke even within 8 months of switching to Agiloft even with implementation fees.
Document compare saves time and mistakes.

Alternatives Considered

Conga Contracts (formerly Novatus)

Other Software Used

Microsoft Power BI, Qlik Sense, Microsoft Teams

Craig Rosenblum View profile

President in Professional Services at Optimos International, LLC (51-200 employees employees)

Use Cases and Deployment Scope

We use it differently today than we did originally. But it is used to communicate to our stakeholders' project status as well as a knowledgebase for all related docs, etc. It has become our trademark in the marketplace for people to receive communications that have a consistent format. We feed it with reports from a field reporting tool and it aggregates them and sends them out. This platform allows us to perform a lot of tasks with less resources.

Pros

Ease of use and customization
Reliable - Never goes down
Agiloft Support
Versatility

Cons

Reporting - If reporting is important, you may consider another platform like Tableau which can be fed from Agiloft
Sorry, just reporting

Return on Investment

Stakeholders - They want status updates - we actually get business because they like our reporting, big ROI
It's not a negative impact, but we have gone down "rabbit holes" trying to make it work for applications where it isn't really suited because it is a great platform...understand its limitations
ROI - The platform sends out a lot of communications, we would have to add staff to maintain

Alternatives Considered

Intellect 8 BPM

Other Software Used

Microsoft Project, Tableau Online

Usability

Ceili Killeen

Contract Specialist in Legal at Iovate Health Sciences International Inc. (201-500 employees employees)

Use Cases and Deployment Scope

This system is being used across the whole organization; however, the Legal department is the main user. We have not yet rolled this out completely, as we are still fine-tuning it as we receive feedback from our core users. The goal is to use this system to manage both internal and 3rd party contracts across every department. Our current method is manual, meaning all drafting, reviews, approvals, and tracking are done by hand, through Microsoft Office, or via email for each agreement. We are hoping that Agiloft will reduce the turn around time for each contract and give us a simpler way to track the initiation of contracts through to expiry. Much of this we have already experienced through system testing. This should also allow us to get closer to a paperless system.

Pros

Customization of print template request forms: The customization of the request forms that are used to fill the blank fields in our contract templates is simply amazing. They don't only pull simple information like dates or financials but can be built in the back end to operate around rules. For example, We have a rule set up that a territory can't be selected for a given agreement if that territory is already in use. Before this we would have to manually search a list of all territories and whether they are exclusively used.
Tracking Function: This system allows us to track our contracts using any data we deem necessary. We can track by expiry, contract amount, contract type, territory, contract requester, etc. We can also create saved searches for particular contract data sets that we use frequently. These can also be very easily used to generate charts or graphs which allow us to see our rate of compliance and much more. This a functionality that we did not have when we tracked everything using one big excel spreadsheet, which had to be updated manually.
Employee/User Management: Agiloft allows us to manage our employees' ability to interact with the system. In our organization, some groups need more access than others. Some need to be able to view our contracts, and some need to participate in negotiations, approvals, signing, etc. This allows us to create groups which we can organize our employees into and restrict or enable access where necessary. Before Agiloft we would have to send contracts to employees via email upon request. Now they can search for themselves, which is much more efficient.

Cons

It would be nice if there were a way to upload an executed agreement and have the system pull the details into the contract record.
Maybe having a "themes" option so that individual users could pick a color scheme/layout that worked best for them.
Having a Chat feature could be helpful instead of sending internal emails.

Return on Investment

Increased employee efficiency is by far the most noticeable impact. Contract generation time has been cut in half, if not more because the required fields on the request form eliminate the endless back and forth vial email.
Increased Compliance Rate: Departments can now only obtain legal approval through Agiloft, which drastically reduces the number of contracts signed without legal review.
One short term negative impact is training all employees on the system. This is time-consuming and sometimes met with hesitation by staff. But long term this increases efficiency across the board.

Alternatives Considered

Thomson Reuters ProLaw

Other Software Used

Thomson Reuters ProLaw, Adobe Acrobat DC

Verified User

Analyst in Information Technology (1001-5000 employees employees)

Use Cases and Deployment Scope

We use the Agiloft Contract Lifecycle Management for managing the contracts with vendors. We also use to renew them as soon as possible to allow for the highest number of discounts. The main business problem resolved by the software is replacing paper documentation. Another one would be replacing the Excel and Doc sheets. It has become significantly easier for new employees to understand the way the contracts work compared to having folders of contracts. During Covid, where "emergency situations" became more commonplace, regular changes in contracts are only possible through software like this one.

Pros

Time management for the contracts.
Quickly reviewing/editing contracts.
Speed of new contract creations.
Categorizing the contracts.

Cons

I am not a fan of the color scheme.
Many unnecessary integrations (Alexa).
Logging details about contracts should be easier to customize.

Return on Investment

It became easier to maintain contracts and not forget deadlines for renewal.
In IT, we have not had any automatic contract renewals on worse terms.
Onboarding employees to show the way contracts work became easier.
Creating invoices in ERP became easier.

Alternatives Considered

SPS Commerce Fulfillment and Ironclad

Other Software Used

Microsoft 365 (formerly Office 365), SPS Commerce Fulfillment, Microsoft Dynamics 365 (formerly Microsoft Dynamics CRM)

Usability

DocuSign CLM

Icertis

Ironclad

Evisort acquired by workday

Sirion

Agiloft

What is Agiloft?

Categories & Use Cases

Media

Key Features

Top Performing Features

Contract templates

Contract sharing

Contract editing

Areas for Improvement

Contract creation

Guided logic

Compliance check

Reviews

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

Pros

Cons

Return on Investment

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Alternatives Considered

Other Software Used

Usability

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Alternatives Considered

Other Software Used

Usability

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