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As cyberattacks increase 3X, smart companies are asking these four questions: You have decided to take charge of your contract management with a CLM solution—automating tasks, reducing your legal risk, and accelerating revenue recognition.…

During this week’s installment of the Agiloft Webinar Series, we sat down with Heather Drouin, Staff Attorney at BISSELL Homecare, Inc., and Paul Branch, Chief Networking Officer at World Commerce and Contracting (WorldCC). Heather…

Last month, Agiloft founder and CTO Colin Earl sat down with Dawn Tiura, host of the Sourcing Industry Landscape podcast, to discuss how automated contract management can help strengthen supply chains for vaccine providers…

Last week we talked with Tim Chafin, President of Agiloft partner and reseller Legacy New Ventures Consulting, about an all-too common phenomenon called the "Contracts Black Hole." With Tim's decades of experience in healthcare…

At Agiloft Summit 2019, way back before the pandemic, we talked with Paul Gamble, Contract Administrator at Inland Technologies Canada Inc. about his contracting challenges for the full-service airport environmental company. At Inland, all…

Contract management reporting is a competency that allows businesses and organizations the data analytics they need to control revenue leakage, comply with applicable laws and regulations, and achieve other beneficial outcomes. All of this…

Contract management is essential to every business. As more companies embrace the value of process automation, they are utilizing contract management solutions.Contracts are formal, finalized agreements between businesses. An organization's contracts are necessary for…

Gartner, Inc. recently announced the results of their 2021 Magic Quadrant for Contract Life Cycle Management. Last year, the firm analyzed 12 vendors and their performance in the CLM market for the first time…

Contract Management Software Systems offer a unified platform for creating, editing, tracking, and renewing contracts across their entire lifecycle. A CMS brings many functions into one tool to provide myriad benefits like a centralized…

For organizations across the globe, contracts are crucial tools in defining and maintaining relationships with clients, businesses, vendors, and other stakeholders. How a business manages its contracts affects everything from risk mitigation to regulatory…

Contract Management
What is vendor management?

Many businesses and organizations acquire goods and services from third-party vendors. Vendors are those whom organizations pay in exchange for deliverables that benefit those organizations. The types of vendors vary widely based on an…

Hardly any business runs on its own. Relationships with third-party vendors enable a huge portion of an organization’s operation, and the health of these relationships are directly connected to revenue. Within this system, vendor…

Agiloft explains the purpose of cloud-based contract management software SaaS applications, its main features, the types of businesses and organizations that use it, and the benefits of cloud-based contract automation and artificial intelligence. What…

Businesses and firms spanning many key industries must effectively manage the life cycles of their contracts or face increased risk, lost revenue, and damaged reputations. The most effective way to achieve this is through…

Finding solutions to business problems through contract analysis How to analyze a contract Everyone wants more data and analytics to help drive smarter decisions. To achieve this end, many companies have become increasingly creative…

Benefits of Cloud-Based Contract Management What Is Cloud Contract Management? Contract management tools have come a long way over the last half century. New products and technology enter the contract management vernacular each year.…

Last week Agiloft hosted featured speaker Andrew Bartels, VP and Principal Analyst at Forrester Research, for a webinar discussing how organizations can get more value from contracts, or “elevate contracts” into actionable data to…

Contracts are the universal language of business. Almost every dollar that enters or exits an organization is predicated on a contract—even through the vending machine. For this reason, organizations of all sizes are moving…

This week we welcomed attorney and legal tech evangelist Colin Levy for a webinar with Agiloft Global Alliance Director Danielle Haugland. The two talked all things legal tech with the goal of removing some…

The last year was a journey for all of us with highs and some truly low lows. At Agiloft, thanks to our amazing employees, partners, and customers, we had a great year full of…

In a normal year, Agiloft spends this week braving New York City in February to showcase our solution at one of the legal world’s biggest events of the year, LegalTech. Last year’s corresponding blog…

From contract volume to cycle time and contract value, there is a lot to track in your contracts. Fortunately, a robust contract lifecycle management solution can help you accomplish this. But which metrics will…

As we settle into the new year, let's take a look at what to expect over the next year in the world of business technology and contracting. From no-code adoption and the problem with…

This week, Agiloft implementer Geoff Wilson hosted an in-depth training session on configuring Agiloft’s no-code CLM platform to handle multiple contract parties. While adding two or three counterparties is possible without much configuration, adding…

Contract Management
Agiloft’s 2020 year in review

Happy New Year! 2020 was another monumental year for Agiloft, if not the year we had expected. While the pandemic raged, Agiloft weathered the storm and even hit some major milestones thanks to our…

With the holidays now upon us, we look back at a year that most of us are happy to see in the rearview mirror. As you catch up on year-end tasks and prepare for…

We were thrilled to learn this week that Agiloft and Children’s National Hospital (CNH) were nominated for Financial Times’ Intelligent Business Award for Intelligent Contracting. Thanks to CNH’s efforts to transform its contracting process…

Last week the Agiloft Webinar Series hosted a brief webinar that explained how to build the business case for CLM software. If you are contract manager, paralegal, or other professional that struggles to manage…

Last week we announced Agiloft’s Fall 2020 Release, outlining the new features coming to the platform this fall and previewing some exciting enhancements coming to the GUI next month and beyond. With this release,…

In a recent Artificial Lawyer article, Agiloft founder and CTO Colin Earl spoke about how the platform’s contracts AI streamlines contract and document review and what this means for legal teams and contract managers:…

Due to the COVID-19 pandemic, Agiloft went virtual to hold its 2020 Reseller Partner Summit on October 8th. The 12-hour online marathon event ran from 6 AM PT to 6 PM PT and included…

With a recent $45M growth equity investment from FTV Capital, new CEO, new CRO, and rapid growth on the horizon, Agiloft is looking for more talented professionals to join our team. We are currently…

In late September Spend Matters ranked Agiloft a Customer and Value Leader in its Fall 2020 SolutionMap for Contract Lifecyle Management Solutions. This is the fifth consecutive term Agiloft has been ranked both a…

When talking with customers, we regularly hear that one of the most challenging steps in transforming contract management is convincing stakeholders that a modern, robust contract lifecycle management system is worth the time and…

As one of the largest supply-chain solution providers, J.B. Hunt Transport Services Inc. knows how to navigate the unexpected. Yet, when the pandemic hit in the US, every business across the country found themselves…

To say the world has turned upside down in the last six months would be a massive understatement. With supply chains in disarray and organizations redrawing plans for 2020, you would expect enterprises to…

This week the Agiloft Webinar Series introduced our new CEO, Eric Laughlin. Eric discussed his background in the legal managed services space and his time with Thomson Reuters’ Pangea3 and EY. He also outlined…

In this week’s webinar, we talked with Matt Latham, purchasing manager at Amerisure Mutual Insurance Company about how he transformed his organization with automated contract lifecycle management (CLM) software. Matt was able to implement…

Today Agiloft announced a $45 million growth equity investment from FTV Capital, a sector-focused investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing. Agiloft also named accomplished…

Last week Agiloft partner Periscope Holdings announced the State of Arkansas will implement their entire suite of eProcurement products, including Periscope CLM, Powered by Agiloft’s no-code contract management software. The implementation will be administered…

In this week’s installment of the Agiloft Webinar Series, corporate law consultant Ellen Nendorf, JD, discussed the key artificial intelligence capabilities for legal teams. As legal professionals, these AI capabilities are the most impactful…

This week we hosted a popular webinar titled “How to Calculate the Value of Automating Your Contract Lifecycle Management” with EY Law Associate Director Laura Maxwell, who discussed lessons learned in implementing a contract…

In the past few months, the mandatory transition to remote work has reinforced the necessity for digitizing contracts and their associated processes. When contract managers and others can no longer access contracts stored on…

Managing risk is a priority for every Legal Department, and there is nothing like a global pandemic to expose where it is—whether you knew about it or not. In a time of crisis, you…

This week we held a very popular webinar on CLM and how it can help in the current business environment. Since so many viewers said it was helpful, we wanted to give you a…

Even though we had to cancel Agiloft Summit 2020 and other in-person events due to the ongoing COVID-19 pandemic, we plan to host a series of virtual events over the next few months that…

Global industry analyst firm, Gartner, recently released its 2020 Critical Capabilities for Contract Life Cycle Management*. This third-party report measures the strengths and capabilities of a dozen leading vendors that deliver contract management solutions.…

Last month, Gartner, Inc. announced the results of its first-ever Magic Quadrant for Contract Life Cycle Management* solutions. In an analysis of the top 12 vendors and their performance, Agiloft was named a CLM…

If you haven’t heard the news, this week Spend Matters ranked Agiloft a Customer and Value Leader in its Spring 2020 SolutionMap for Contract Lifecyle Management Solutions. This is big news as it marks…

This week we announced our our February 2020 Release software release and the Agiloft AI Core, which includes artificial intelligence capabilities for contract lifecycle management. These AI Capabilities further streamline Agiloft contract management and…

With Google recently acquiring no-code the mobile app builder startup AppSheet, no-code software is again in the tech news spotlight. If you’re not familiar, no-code software is any software that can be configured without…

Contract Management
4 Major barriers to AI adoption

With all the hype around AI and machine learning, you would think that every business has started developing its own custom AI applications. After all, with businesses sitting on mountains of data, wouldn’t they…

Want to see the Agiloft AI Core and our new Alexa integration in action? Join us Tuesday, February 25th at 11:00 AM PST for the Agiloft February 2020 Release Webinar, when Agiloft CEO Colin…

Happy New Year to our Agiloft community! As we jump headfirst into the new year, we rounded up our best predictions about what 2020 will bring to contract management. From CCLM to machine learning…

Happy Holidays! As we celebrate another great year, we wanted to share this video interview from Red de Firmas’ CEO Pepe Toriello with Agiloft's VP of Engineering, Christian Thun, at Agiloft Summit 2019. In…

As the holidays approach, we reflect on another amazing year and what makes us most grateful. At Agiloft, we are most grateful for our customers that have trusted us with their time and business…

As it turns out, the Plague of 500 CE wasn’t so bad. How did a pandemic that purportedly wiped out half the Roman Empire get downgraded? Someone took a hard look at the research…

A rapidly changing business world with a continually shifting regulatory landscape means every major organization now must navigate a labyrinth of rules and regulations. Indeed, one of the biggest risks to businesses today is…

Right on the heels of Agiloft Summit 2019, Agiloft staff headed south to the IACCM Americas 2019 conference in Phoenix, AZ, where the team engaged with an international audience of contracting professionals. The International…

We are excited to welcome our newest platinum partner, JHensley Consulting, enlisted to resell and configure Agiloft to provide solutions for contract management, business process management, as well as loan origination processes and corporate…

One quick look at tech news makes one thing clear: artificial intelligence is the topic of the year—maybe the topic of the decade. And for good reason, as Gartner predicts the business value created…

We are thrilled to announce Tim Cummins, President of IACCM, as a keynote speaker for Agiloft Summit 2019. As the founder and president of the International Association for Contract and Commercial Management (IACCM), Tim’s…

We are finally back from IACCM’s APAC 2019 Conference in Sydney, Australia and would like to share the highlights from our trip down under. This event was another great gathering of members from the…

Pele, Ronaldo, Rapinoe…Agiloft? While it’s not the World Cup, Agiloft will go down as a high scorer in Spend Matters’ latest SolutionMap for contract lifecycle management software. Despite a crowded field of 1000+ software…

While all vendors claim to save you time and streamline business processes, claims don’t always turn into real solutions. That could be because of a clunky or ineffective product, failed software implementation, poor user…

For a stunning sixth year in a row, business software review service Capterra has named Agiloft to the top 5 on its Top 20 Most Popular Contract Management Software list. With over 195 contract…

The Research Institute of America found that 33 minutes after a lecture is completed, students retained only 58% of the material. By the second day, 33%, and 3 weeks after that, only 15%.* Knowledge…

Silicon Valley is no stranger to buzzwords, and artificial intelligence (AI) and machine learning are merely the latest to join the likes of the cloud, Big Data, and synergy. Gartner’s Hype Cycle graph demonstrates…

The phrase “out-of-the-box” is typically associated with a standard or “white-bread” product that may only perform one or two things well, if that. That’s why we are excited to see Agiloft’s out-of-the-box Contract Management…

This week marks one year since Facebook’s Cambridge Analytica scandal, which may go down as the worst compliance failure in history with the company shedding $150B in market value in less than 90 minutes.…

Contracts are the lifeblood of modern commerce. According to the International Association for Contract and Commercial Management (IACCM), the average cost of processing a routine contract is $6,900, while the cost for complex contracts…

At the end of January, Agiloft made the trip out to the most important annual event in legal technology, Legaltech 2019 in New York City. The staff who attended were there to meet the…

As business leaders become more comfortable with artificial intelligence, we will begin to see more voice-activated technology in the office. Used to aid key business processes, soon Alexa and other voice-activated AI could be…

Kicking off 2019 with a bang, Agiloft was recently named to PC Magazine Editor’s Choice List for its Contract Management Suite–for the fourth year in a row! In recent history contract management software has…

At the end of October, members of the International Association of Contract and Commercial Management (IACCM) convened in sunny St. Petersburg, Florida for the annual IACCM Americas Conference. The warm Florida weather would normally…

So you’ve had enough of missing deadlines, round-about approvals, and poorly administered contract management and want to go all in on a modern CLM software system. That’s great. But now things get difficult. How…

The unfortunate reality of many professionals working in compliance and contract management today is that they are overworked and underappreciated. Whether you’re a paralegal struggling to keep up with regulatory compliance or a contract…

Poorly administered business partnerships at Facebook wiped out $150 billion in market value in 90 minutes. As the social media giant learned, it’s not enough to mandate compliance in its contracts, companies must have…

As your company’s volume of contracts increases, some contract management systems will leave your company exposed to long-term risks. Learn how to recognize and fix five contract management risk factors that leave you vulnerable:…

In recent years the UK government has doubled-down on its digital transformation, launching a Transformation Strategy with the goal of becoming a world leader in digital government. As a part of that effort, the…

In the earlier part of the decade, rumors circulated of a Yahoo employee who managed to capitalize on the free lunch offerings—squirreling away cafeteria items, then repackaging and selling them on the open market.…

If your company is like most, your contract management system consists of file cabinets, a digital maze of email and Excel spreadsheets, and dated software that just can’t keep up. But if the thought…

In the CLM and procurement space, there are quick software solutions, deep configurations, out-of-the-box tools, and all-encompassing enterprise platforms. Many CLM software vendors have found their niche in a wide variety of sectors, including…

Agiloft brought home some hardware from this year’s 16th Annual American Business Awards. One of our core values is client focus, so we’re especially proud that our Customer Success team won a Gold Stevie®…

The U.S. healthcare system is notorious for chronic inefficiency due to its sheer size and complexity. With thousands of locations to serve on tight deadlines, medical distributors know the true cost of an inefficient…

In a recent article, Bloomerang Chief Officer Jay Love shares why he believes more non-profits should come together through consolidation. He puts forth strong arguments for economies of scale, overlapping missions and how charities…

For most of us, spring release meant airborne pollen from plants or students out on a weeklong break from school. Agiloft’s spring release, however, is more exciting and noteworthy. We enhanced our feature-rich platform…

In a world of century-old nonprofits, pop-up start-ups and decentralized multi-million-dollar companies, it’s impossible to find a one-size-fits-all contract lifecycle management (CLM) solution. Spend Matters is an analyzer, tracker and ranker of system providers…

On April 2, Salesforce announced plans to acquire MuleSoft and launch the Salesforce Integration Cloud. If this is the first time you’ve considered syncing Salesforce data across your other applications, then waiting for this…

It’s the era of unlimited free shipping, borrow-before-you-buy, zero-down, test drives and do-overs. Still, many companies find themselves committed to enterprise software that fails to deliver on anything but the cloud hosting bill. The…

Project HOME is committed to helping the homeless and poor of Philadelphia break the cycle of poverty through affordable housing and other services. The 30-year-old non-profit had grown rapidly in the past few years,…

If you’re one of the average employees surveyed in 2017, you’re reading this blog rather than the hundreds of untouched emails in your inbox. According to a recent study, most workers maintain 199 unread…

After undergoing an acquisition last May, TaylorMade needed to select, customize, and implement a new contract management system. Rebecca Smith, TaylorMade Paralegal shares, “We needed something streamlined, powerful, and flexible. Also, it’s a global…

Most modern companies are too busy engineering next-gen solutions or brokering synergistic mergers to give much thought to that routine piece of paper that they forward on to potential partners: the ever-constant non-disclosure agreement…

Economy is key for the generally cash-strapped public sector. Yet, many governments and public organizations continue to rely on high-maintenance, pricey legacy software. Realizing the lower costs and vastly increased flexibility of some commercial…

Contract management has become a mission-critical business process for the healthcare and biotech industries. According to Colin Earl, CEO of Agiloft, organizations in these sectors manage at least 50 different types of contracts, each…

“While the delivery of public services now involves greater diversity in terms of actors and underlying structures, the fundamental need for accountability has grown. These changes result in new challenges in 21st century governance,…

Can a contract management system be fully customized? One that includes automatic alerts for managers? With advanced searching? Are the files searched, too? Can contracts be automatically created? And compiled into dynamic, visual reports?…

When Inland Technologies initially purchased Agiloft, the environmental services company intended to use the solution exclusively for contract management. However, once Paul Gamble, Contract Administrator for Inland, began exploring the product, he realized it…

When the 1.9 million residents in King County, Washington pay their local taxes, no one wants their money funding an antiquated, inflexible, and poorly serviced contract management system. The team at King County knows…

Thousands of contracts cross the desks of legal administrators at schools worldwide, including Suffolk University. For this Boston-based institution, those paper documents were managed manually, complete with literal hand-offs and copious phone calls. Realizing…

Keep your tablets and e-readers within reach. As of August, new airport security measures have been adopted by the Transportation Security Administration. Travel related safeguards have become commonplace. Now, companies like Aviation Technical Services…

As healthcare reform continues to dominate headlines, one thing remains clear, the complexity of the structure exceeds anything the US has encountered in prior centuries. The industry expands, contracts, and becomes more nuanced every…

The analysts at Spend Matters recently put out a list of 50 software vendors pushing the envelope in the procurement and supply chain sector. Agiloft was among the winners who were honored at Institute…

Standing with the victims of violence and abuse is a formidable and noble undertaking. For over 35 years Safe Horizon has advocated on behalf of these marginalized children and adults—becoming the largest US non-profit…

We’re proud to announce that the Agiloft platform won a Gold Stevie® Award in in the 15th Annual American Business Awards, in the New Product or Service of the Year - Software - Platform…

We’re excited to announce that we’ve just made the Agiloft Contract Management Software Suite even better by integrating it with Adobe Sign, the leading e-signature solution and a key component of Adobe Document Cloud.…

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