Contract management software automates the workflows associated with initiating, executing, and monitoring contractual agreements. Implementing a contract management system offers companies significant savings in purchasing, enables more efficient sales cycles, and drastically lowers compliance risk. Recognized as a Leader in Gartner’s 2020 Magic Quadrant for Contract Life Cycle Management, Agiloft’s artificial intelligence-based contract management software is easy to set up and configure. Agiloft was also the top-rated provider for every use case (Procurement, Sales, Legal and Enterprise) in Gartner’s Critical Capabilities for Contract Life Cycle Management report.
Contract Lifecycle Management Suite
Built on a no-code platform, Agiloft's flagship contract lifecycle management suite (CLM) comes with fully customizable best practice functionality for buy and sell-side contract management including repository and templates, clause library, flexible approval workflows, built-in AI, security and compliance safeguards, automated notifications and seamless integration with existing systems.
Agiloft highest rated CLM provider by customers on Gartner Peer Insights
Get immediate access and visibility to all your organization's contracts. Configurable dashboards, charts, reports, and saved views provide repository information in flexible formats.
Find any contract or clause in an instant with full-text search of contracts and attached files. OCR converts image files such as JPG or PDF into fully searchable text documents, while still retaining the original image.
Create unlimited templates for any contract or workflow process quickly and easily.
Template and Clause Libraries
Create contracts instantly using standardized approved language with contract templates or dynamic clause libraries of fully customizable language for each agreement type.
Manage language across contracts by clause type, usage, priority, status, team, owner, contract templates, or any other key terms.
Add and configure custom fields for specific clause library requirements quickly and easily.
Approval Workflows and Execution
Automate even the most complex approval routing process including a combination of sequential, parallel, and conditional approvals.
Manage workflows with outside parties through vendor/client portals using integrated email and SMS messaging.
Streamline contract reviews with automated track changes and version control. Built-in Adobe Sign and DocuSign integration give you secure, legally enforceable e-signature capability.
Keep your data safe from bad actors with an application and hosting infrastructure validated by 3rd party security firm audits and government organizations. Guard against data breaches with configurable two-factor authentication.
Protect your data from disaster with a doubly redundant infrastructure. In addition to redundant servers at the primary data center, it is replicated to secondary servers over 500 miles away. And all servers use redundant SSD drives.
Comply with stringent privacy standards with precise access controls down to the specific fields within records.
Comply with regulatory requirements like Sarbanes-Oxley, GDPR, and HIPAA while managing risk, with precise controls, and a complete audit trail for every contract.
Monitor and report on commercial health of contractual relationships including risk, regulatory compliance, SLA compliance, and more.
Take advantage of robust compliance analytics out-of-the-box, or easily build reports to capture custom metrics.
Monitor contract obligations, and supplier performance against service level agreements.
Get customized reports and automatic alerts for budgets, spend and obligations management, expirations by department, status, vendor, and other variables.
Use pre-built integrations to ERP systems or integrate through API and External System Adapter technology for seamless budgeting, spend analysis, and vendor management.
Spend Matters 2020 Value Leader for Contract Management Software
Integrate with CRM systems like Salesforce to instantly generate sell-side documents like proposals, MSAs, and sales agreements.
Manage and monitor complexpricing agreements, discounts, future commitments, SLAs, deliverables, expirations, and compliance with licensing agreements to minimize revenue leakage.
Set up custom dashboards that track KPIs and issue alerts by department, individual, customer, or any other variable.
Alerts and Performance Tracking
Ensure the timely execution of key processes with automated alerts, escalations, and assignments through integrated email and SMS messaging. The Agiloft Contract Assistant for Microsoft Outlook app provides Agiloft CLM functionality without leaving your inbox.
Measure KPI's and spot bottlenecks with comprehensive, configurable dashboards and reports.
Visualize and drill down into data with graphical charts and custom Excel reports and pivot tables.
Recognize and import key terms and clauses such as contract amount, indemnity, and renewal date from scanned or digital documents using pre-built AI functionality, available within our Agiloft Contract Assistant for Microsoft Word.
Boost productivity on the road through spoken language integration with Alexa. Shorten cycles by automating tasks with custom AI models built on our open architecture integration with AWS SageMaker and TensorFlow.
Manage compliance across the contract lifecycle and reduce business risk by automatically identifying risky contracts and suggesting replacement clauses from the established clause library without ever leaving Microsoft Word.
We offer solutions for every facet of your organization. Agiloft includes fully integrated applications for service desk, workflow, and more to make contract information visible and actionable throughout your organization. Learn more about how Agiloft can help you manage the business processes related to your contracts: