Agiloft revolutionizes CLM with AI contract review integration 

Earlier this year, we announced our acquisition of Screens, a revolutionary AI contract review and negotiation software. Today, in a market-leading move, we’re excited to introduce you to AI on the inside™. With AI on the inside, Agiloft users will benefit from AI contract review, contract analysis, and our “Ask AI” chatbot – all right out of the box.  

While other Contract Lifecycle Management (CLM) providers are promoting “AI-powered” solutions, Agiloft’s approach puts the user in the drivers’ seat, deciding exactly where they want to leverage AI solutions throughout the entire contract lifecycle.  

At Agiloft, we’re committed to creating tools that empower users to transform their contracting processes and impact broader business operations with creativity and autonomy. And now, with our core platform fully integrated with Screens’ powerful AI contract review technology, we’ll be able to do just that.  

What AI on the inside™ means for you 

Agiloft’s out-of-the-box solution is now a single, robust edition that includes configurable AI tools at every step of the contract lifecycle.  

Agile and autonomous  

With a 100% customer-satisfaction implementation rating, you can be sure of one thing: Agiloft knows CLM. What makes our solution different is it also trusts the user to know their individual business.  

The effectiveness of any AI solution is tied directly to its use and expected outcome, and Agiloft empowers its users to control that outcome. Have a redline that you make every time? A recurring executive meeting with information or questions about a contracting element? A new regulatory change that may, or may not, affect a subset of your contracts? AI is there for you to use how you see fit.  

Our AI solutions were built to be iterated and controlled by the user with autonomy over where and how AI might be most effective in your contracting process. The sky is the limit. 

Connected and transparent 

Agiloft’s system, while most effective when deeply connected to other business systems across the organization, promotes connection throughout the contract lifecycle. End users can be connected directly to information with the ability to “Ask AI” at any point. Whether you’re refining generative prompts and workflows in a testing environment, or seeing the reference to exactly where an “Ask AI” answer was derived, you can be confident that you’re using AI the right way, in a way that doesn’t introduce your business to unnecessary risk. With these safeguards in place, you can leverage AI with confidence and peace of mind.  

3 benefits of using AI contract review

1. Reduce risk across the enterprise

Almost every business transaction is governed by a contract, and the top priority for most legal teams is to identify, track, and mitigate risk throughout their organizations. Whether firmly in their mind or written on a sticky note stuck to their computer – every contract reviewer has a list of items that they’re looking for during the initial contract review.  

Screens turns those lists into actionable playbooks where risks and other items that are critical to contract review can be identified within a document, and then redlined, or commented on, directly within Microsoft Word. Now, whether language is simply recorded and sent back to Agiloft or other integrated systems to be acted on, or redlines are directly created, Legal teams can actively mitigate risk, empower outside teams to provide an initial analysis of a contract, and free up time to focus on high-value Legal work. 

2. Leverage expert opinions of industry leaders

While company standards can be converted into playbooks, Screens takes it a step further by providing the opportunity to use playbooks crafted by legal experts who can use industry trends to build the perfect set of standards. For companies experiencing growth in new industries or interested in seeing how regulatory changes might affect general practices, a group of Community-driven playbooks are available for use directly within the platform. See how your contracts compare to market standards and gain the benefit of expert opinion to lean on as your business continues to change and expand.  

3. Liberate valuable contract data

Beyond comparing contracts to expert-crafted playbooks, users have the ability to see how their contracts compare to others in the market. Does your agreement contain a clause that would fail at 65% of the companies in your space? We’ll make sure you know.  

Screens’ data is then seamlessly integrated back into your Agiloft CLM platform, where you can use it for approval and assignment workflows, send it out to other systems like CRM or HCM to keep teams abreast of status and activity, leverage additional AI tools for advanced workflows, and more.  

Teams get to reduce risk, accelerate negotiations, and leverage expert community insights to make discernible impact across the broader organization.  

Put yourself in the driver’s seat with Agiloft

Agiloft is the only CLM platform on the market with AI on the inside™ – an approach to AI contract review technology that transforms business operations beyond contracting. Whether you’re looking to improve contract compliance and obligation management, mitigate risk, reduce review and negotiation times, improve sales renewals and customer retention, or just get agreements signed faster: Agiloft has the solution for you. 

Learn more about Agiloft’s new OOTB functionalities. Read our press release now.