Why Agiloft was named a Leader in The Forrester Wave™: Contract Lifecycle Management Platforms, Q1 2025

“Companies that are seeking standardization for all contracts, recognize the power (and the cost) of AI, and appreciate a strong vendor partnership will benefit most from Agiloft.”

That’s just one of the quotes from Q1 2025 Forrester Wave™ for Contract Lifecycle Management Platforms.

Click here to read the full report.

Forrester recently identified the 12 top vendors in the Contract Lifecycle Management (CLM) space, researching, analyzing, and scoring their products on 26 evaluation criteria broken into two categories: current offering and strategy.

Within the strategy category, Agiloft’s data-first CLM platform received the highest scores possible in the Community, Vision, Partner ecosystem, and Adoption criteria. Agiloft also received the highest scores possible in the report in the Buy-side contracts, Obligation management and contract governance, Interoperability, Reporting and visualization, Configurability, Continuous Improvement, Enterprise risk management, and Privacy criteria within the current offering category.

“[Agiloft] supports legal, procurement, and sales professionals at midmarket and enterprise organizations with a comprehensive offering for pre- and postsignature activities,” wrote Alla Valente, Senior Research Analyst at Forrester and author of the report.

In the evaluation, Agiloft’s vendor profile states:

💡Strategy: “Agiloft differentiates with a data-centric vision and approach to connecting CLM to business strategy.”

🛠️ Capabilities: “Agiloft’s integration, reporting, and visualization options are extensive.”

🌟 Customer feedback: “Customers view Agiloft as a true partner, not just a product vendor.”

What is CLM?

CLM is all about managing the complex workflow of contracts across various departments like procurement, sales, and legal. CLM software helps businesses handle thousands of contracts through every stage of the lifecycle, from initial request to completion and renewal.

With Agiloft’s flexible, no-code CLM platform, organizations can create a “single source of truth” for their contracts — a centralized, accessible digital repository. This boosts cross-departmental collaboration and communication, ensures compliance, and streamlines tedious manual processes.

Whether you’re in San Francisco or São Paulo, Agiloft CLM users can access the same contracts and associated contract data, enabling strategic decision-making, faster legal processes, and saving roughly 9% of revenue previously lost to inefficiencies.

Agiloft customers love our out-of-the-box functionalities, but our CLM platform can also be easily customized to perform specific functions, integrate with other solutions like Workday and Salesforce, and run interactive reports tailored to your business needs.

What is The Forrester Wave™ and why does it matter?

The Forrester Wave™ provides a simple visualization of the most significant providers in specific market sectors based on a robust analysis of their current product offerings and strategies.

Forrester Wave™ reports are diagrams divided into different shades of blue that represent four relative market positions: Leaders, Strong Performers, and Contenders. Represented as a dot relative to the companies’ size in the market, vendors are placed on the wave according to their scoring on the criteria selected for the Report analysis.

Each axis of the chart represents a different aspect of Forrester’s analysis. Companies positioned higher on the Wave scored higher on their current product offerings than those positioned lower. Dots further to the right represent companies with higher scores for strategic and product vision for the direction of the market and their product.

For more than 18 years, clients have trusted the objective and transparent methodology of Forrester Wave evaluations when making vendor selections. Technology and service provider clients use Forrester Wave evaluations to understand current market drivers, what’s influencing those drivers, and their competitive position.

We believe the Forrester Wave™ Report for Contract Lifecycle Management Platforms is a key resource for anyone looking to select a comprehensive contract management solution.

How working with a CLM Leader empowers Sales

How often has your Sales team closed a deal, only to see it fall apart later?

Without automated approval workflows, contracts can get stuck in limbo. The longer the approval process, the higher the risk of losing the deal. Some deals even have terms that expire if not executed in time. The fix? A flexible CLM system that eliminates human errors by automatically routing, pushing, and escalating contract approvals as needed.

Top CLM solutions can speed up sales cycles and boost revenue. When integrated with other software like Salesforce, these solutions help businesses automate contract processes and close deals much faster. Plus, system integrations provide easy access to contract and customer info, streamlining workflows for all stakeholders. This enhances collaboration across the organization with real-time syncing, while ensuring compliance.

(Learn how Health Catalyst, a leading provider of data and analytics technology for healthcare organizations, sped up their sales cycles by leveraging Agiloft’s seamless integration with Salesforce.)

How working with a CLM Leader empowers Procurement

Businesses today face a slew of ever-evolving challenges, but for many, the biggest impact is on their supply chain.

This puts Procurement teams in a critical spot. They need to answer questions like:

• Are customer contracts being renewed that can’t be fulfilled due to supplier disruptions?
• Are there built-in escalations for supplier deliverables?
• How are different teams ensuring their operations are aligned?
• Will these alignment efforts hold up amidst personnel changes?

A customizable, user-friendly CLM solution like Agiloft can help answer these questions. With Agiloft, users can set up automated alerts to notify procurement teams of customer contracts set to renew or overdue supplier deliverables. Users get a simple, interactive interface to track progress and contract status, plus a centralized location for customer and vendor communications, all automatically logged for convenience. Additionally, Procurement teams benefit from a singular, searchable, cloud-accessible location for all their documents and amendments. (Learn how Agiloft helped Portland Community College, the largest institution of higher learning in Oregon, save $36,000 in annual procurement dollars and cut contract time by more than 50%.)

How working with a CLM Leader empowers Legal

Legal teams, big and small, are feeling the pressure, worried they’ll miss something or make a wrong call due to unforeseen circumstances. Risk is everywhere, and it’s Legal’s job to spot it. They’re expected to tackle tough questions about business obligations, risk profiles, penalties, government compliance, and more.

But often, Legal lacks the visibility into the organization’s contract data to ensure nothing slips through the cracks. They need accurate, real-time data to make smart decisions and recommendations. If critical contract info is buried in someone’s email (or worse—their desk), it’s impossible for Legal to have a full view of the situation.

A centralized, streamlined CLM system can help. With CLM, Legal teams can assess threats to the business and manage risk exposure, responding proactively rather than reactively.

Learn more about why Agiloft was named a Leader in the Forrester Wave™: Contract Lifecycle Management Platforms, Q1 2025. Access a complimentary copy of the report here.

Disclaimer

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here .