Agiloft Contract Lifecycle Management by Agiloft

Agiloft Contract Lifecycle Management

by Agiloft
  (Previously known as  Agiloft)

Acquired by KKR on May 31, 2024


Overview

Agiloft Contract Management Software is a no-code contract lifecycle management (CLM) platform that supports end-to-end contract processes for legal, procurement, and operations teams. Workflows, data models, and approval chains can be configured without developer resources, allowing organizations to adapt the platform to their processes without custom code.

Key Features & Functions:

Contract Request and Intake
Structured intake forms and workflow routing direct contract requests to appropriate reviewers based on contract type and configured business rules.

AI-Assisted Contract Analysis
Machine learning tools extract and classify key terms, obligations, and metadata from contracts, supporting risk identification and automated data population.

Clause Library and Template Management
Users can maintain a library of pre-approved clauses and contract templates, enabling standardized authoring and reducing reliance on outside counsel for routine agreements.

Negotiation and Redlining
Integrated redlining tools support contract negotiation within the platform, with version tracking and change history maintained throughout.

E-Signature Integration
The platform connects with electronic signature providers to support contract execution within the workflow.

Obligation and Milestone Tracking
Post-execution tools track contract obligations, renewal dates, and key milestones, with configurable alerts and reporting dashboards.

No-Code Configuration
Workflows, data models, approval chains, and role-based access controls can be configured without developer resources.

Reporting and Analytics
Dashboards and reporting tools provide visibility into contract status, cycle time, and risk metrics across the contract portfolio.


Funding Information:
Agiloft has raised a total of $45M in funding over 1 round. This was a Private Equity round raised in August 2020 from FTV Capital. 

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HEADQUARTERS
US
LANGUAGES
English
OFFICES
US,
UK
X-Twitter
YEAR FOUNDED
1991
REGIONS SERVED
Global
Latest Funding Round
Latest Funding Round
Total Funding Amount
Total Funding Amount
Areas of Use
TARGET AUDIENCE
Corporate Legal
Law Firms - 100-499 Lawyers
Law Firms - 500+ lawyers
PRACTICE AREAS

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