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Agiloft Launches its New Product with AI Functionalities and New Abilities

By CIOReview | Friday, November 20, 2020

Agiloft has announced its latest product release with extended AI functionalities and critical new abilities to integrate contract procedures. 

FREMONT, CA: Agiloft is the worldwide standard in contract and commerce lifecycle management. In recent times, the company has announced its latest product release with extended AI functionalities and essential new abilities to integrate contract procedures with enterprise applications and ecosystems.

According to Eric Laughlin, CEO of Agiloft, "The latest Agiloft release is about making life easier for our customers." "We've made UI navigation improvements, brought powerful advances to the AI engine to accelerate training, and enabled contract analysis directly in Microsoft Word to save customers time and expedite contract review and negotiation. We have improved our Salesforce integration, enabled Tableau integration, and set up integration with the Dell Boomi platform to further extend contract management across the enterprise."

New features and improvements include:

• AI Training: Enhanced semantic modeling and implementation of data points that cover the essential part of common contractual use cases.

• Microsoft Word Add-in: New feature offers Agiloft functionality directly in MS Word, allowing contract creation, review, and redlining. It also offers AI-based analysis, metadata and clause extraction, and risk scoring in MS Word with every change instantaneously updated within Agiloft.

• Dell Boomi Connector: Companies can now incorporate Agiloft with large application ecosystems like ERP, CRM, and more via Boomi's cloud-native integration platform, which streamlines the configuration and maintains complicated workflows.

• Out-of-the-box Tableau integration: This latest easy but robust integration offers a straightforward step for syncing Agiloft with innovative data visualizations in Tableau.

"As the only CLM platform to provide no-code AI capabilities, Agiloft offers unmatched possibilities for customization and automation of complex contract and commercial workflows, all without needing to write a single line of code," said Colin Earl, Agiloft CTO. "This release begins a new phase of product development that combines the power of AI with our no-code platform to give our customers the ability to simplify even more complex work tasks."