Agiloft Contract Lifecycle Management Platform

My main use case for Agiloft Contract Lifecycle Managment (CLM) involves managing all vendor contracts, material transfer agreements, and creating vendor contracts, reviewing them, updating them, and maintaining the lifecycle of the contracts, as well as getting contract approvals. During this process, I work with different teams including legal teams, scientists, managers, and different vendors until we receive approvals on all material transfer agreements and vendor contracts so that we can purchase the items.

The main processes I manage with Agiloft Contract Lifecycle Managment (CLM) include all quote approvals, non-disclosure agreements approval, vendor contracts, material transfer agreements, and purchasing orders.

I appreciate working with Agiloft Contract Lifecycle Managment (CLM) because it offers user-friendly features. Uploading a draft of any contracts, material transfer agreements, NDAs, or quotes is easy, and it is also easy to work with multiple team members for them to review. I can request other team members to review and approve, and we can manage who is currently reviewing and who has approved it. Once the approval process is completed, we maintain all documents in one place, making them audit-ready. If we want to pull any documents from Agiloft Contract Lifecycle Managment (CLM), it is easy to do so. This provides central communication for managing all contracts.

During Agiloft Contract Lifecycle Managment (CLM) and approval processes, I find it user-friendly because I can assign approvals to primary approvers, secondary approvers, and final approvers. I can also track the exact status when I assign it to the primary approver. Once that is done, I can also send them reminders. If the team has not approved, I send them email reminders to speed up the approval process for the contracts or at least get back to me with any comments when I work with different teams.

Agiloft Contract Lifecycle Managment (CLM) has a positive impact on my organization because it is time-saving. As I mentioned before, it centralizes communication for all vendor contracts. We maintain all contracts, POs, quotes, different MTAs, and everything in one location. This process avoids going back and forth, and there is a place where other team members can look up what their tasks are, whether they need to review any contract, and whether they can approve the contract. For everyone, it is a place where we can all work to speed up the contract management approval process. This helps save considerable time for everyone. I work with different team members, and that was one aspect where we can communicate with different team members on one platform. Furthermore, we could speed up the vendor contract management process. This helps us to have smoother lab operations regarding sample procurement, any orders we want to do, any equipment we want to obtain, and vendor communications as well. Overall, we achieve improved efficiency in lab operations.

I feel there are always opportunities to improve Agiloft Contract Lifecycle Managment (CLM). For example, the process can be improved by standardizing contract intake, approval workflows, naming conventions, required fields, and renewal notifications.

It would be great if Agiloft Contract Lifecycle Managment (CLM) could integrate with NetSuite, an ERP purchasing system. That way, I would not need to upload all the approved contracts, quotes, and purchase orders to NetSuite. Additionally, during the approval process, this could have automated routing based on contract type, dollar value, and department.

I have been using Agiloft Contract Lifecycle Managment (CLM) for two years when I was working at Thales Biomedical Corporation.

Agiloft Contract Lifecycle Managment (CLM) is stable.

Agiloft Contract Lifecycle Managment (CLM) is definitely designed to be scalable as the number of contracts, users, departments, workflows, and integrations increases.

My experience with customer support for Agiloft Contract Lifecycle Managment (CLM) was good.

We did not use any different solution; we only used Agiloft Contract Lifecycle Managment (CLM).

With Agiloft Contract Lifecycle Managment (CLM), we could save money and also reduce the number of employees needed. Only a few important people from the executive team, the legal team, and the necessary scientific team, such as team leads and the lab operations, were required, as I was the one managing the contracts in Agiloft Contract Lifecycle Managment (CLM). For that purpose, it definitely worked well with Agiloft Contract Lifecycle Managment (CLM) managing it.

My experience with the pricing, setup cost, and licensing for Agiloft Contract Lifecycle Managment (CLM) was good. The pricing and licensing were satisfactory because we used it. I was at that company for two years, and we were satisfied with Agiloft Contract Lifecycle Managment (CLM) pricing and working on Agiloft Contract Lifecycle Managment (CLM); we never considered switching to another solution.

Before I joined the company, Agiloft Contract Lifecycle Managment (CLM) was already in place, so I did not evaluate other options.

I experienced a specific outcome with Agiloft Contract Lifecycle Managment (CLM) when I worked on the Bio-Rad equipment purchase, the DDPCR. During that time, we had to go through the terms and conditions on the quote. Given the urgency of acquiring this equipment as soon as possible, I uploaded and initiated the approval process. I could interact with different teams and also sent them reminders. One by one, I received all three approvals from different team members within two days, allowing me to purchase the equipment on time.

I rate Agiloft Contract Lifecycle Managment (CLM) an 8.5 out of 10 because it can improve with better integration into other ERP procurement platforms such as NetSuite, Ariba, Oracle, and Coupa. A better dashboard control would also enhance the experience.

I have never faced any security issues with Agiloft Contract Lifecycle Managment (CLM). I believe all vendor contracts, vendor information, and company information are well-protected in Agiloft Contract Lifecycle Managment (CLM.

Regarding Agiloft Contract Lifecycle Managment (CLM) and AI, I am fully satisfied with its accuracy and reliability of output.

I had a great experience working with Agiloft Contract Lifecycle Managment (CLM), and I definitely recommend it to any company or customers exploring options for vendor contract management systems because I had a great learning experience and very good experience working on Agiloft Contract Lifecycle Managment (CLM). Agiloft Contract Lifecycle Managment (CLM) is very organized, user-friendly, and serves as a single source to maintain all different contracts and all data related to workflows, renewals of contracts, and maintaining accurate contract records. It also helps to understand the roles of different teams and gives the necessary permissions. I definitely recommend it to others.

I have no additional thoughts about Agiloft Contract Lifecycle Managment (CLM); I just want to know how you are planning to improve the current Agiloft system in the future.

My main use case for Agiloft Contract Lifecycle Managment (CLM) is contracts management and execution. I use Agiloft Contract Lifecycle Managment (CLM) for receiving contracts, sending drafts to different teams, and then sending them to attorneys for review, creating DocuSign documents, and then creating a repository for the contracts.

I also manage renewal and expiration management, and obligation management, where I track contractual obligations such as deliverables, payment terms, insurance requirements, and terminations or indemnity clauses. I keep a tab on these clauses. I also manage vendor and supplier contracts, and conduct compliance audits for my contracts.

The best feature Agiloft Contract Lifecycle Managment (CLM) offers for me is contract lifecycle management, which manages contracts from initiation to end, including drafting, review, approval, and signatures. I love the workflow automation. It automatically routes the contract to legal, compliance, and finance people, so I don't have to go to everyone individually. It allows different approval paths based on the contract type. It also has an automated alert feature that helps me track renewals or notice periods, or if something is coming to an end, or if there are any fees related to that.

The automated alerts and approval paths save a lot of time so that I don't have to check a spreadsheet for renewal dates or expiration dates. I receive an alert as the contracts manager or contract lifecycle manager, and then the teams who are actually the owners of the contract also get a notification. Even if I sometimes forget or ignore the notifications, they have the notices and notifications, and they come to us indicating that a contract is expiring in X days, so that we can work on renewals, terminations, or stopping any auto-renewal. This is very helpful.

I really love the reporting dashboard of Agiloft Contract Lifecycle Managment (CLM), and when I can download all contracts in an Excel sheet format and correct any names or dates, at least I have something to see where I can find small mistakes. I also love the template management and e-signature integration. These are very exciting features.

Agiloft Contract Lifecycle Managment (CLM) has positively impacted my organization. The automation process has helped me to have better contact with my attorneys. They have their own alerts about the contract, so I don't have to remind them. That is the best feature; it helps me with a lot of manual follow-ups that are now automated. It acts as a centralized repository so that we don't have to go to everyone's desk or email to ask for documentation. It gives me real-time visibility of the status of a contract. It also has an automated approval workflow, which helps me a lot and saves a lot of time. If I was spending 10 hours on a contract, now I just spend four hours.

I feel Agiloft is a little bit less user-friendly than Conga. I used Conga in my previous experience, which was much more user-friendly than Agiloft. There are too many fields and steps that can discourage business users from submitting requests. It would be great if we could reduce the steps, such as making user intake forms more user-friendly. Automating more routine decisions, such as contract type, approval level, or risk category, or integrating Agiloft with ERP, CRM, or HR systems would also be great. Improving the dashboard a little bit would be beneficial; if it were more visually pleasing, that would be an improvement. Integrating some AI features, automating extraction, flagging unusual clauses, identifying contracts approaching renewal, or getting a summarized version of a contract would also be beneficial.

I have been using Agiloft Contract Lifecycle Managment (CLM) for two years.

Agiloft Contract Lifecycle Managment (CLM) is stable.

Agiloft Contract Lifecycle Managment (CLM) is highly scalable because it can accommodate increasing contract volumes, user departments, workflows, and integration. Its no-code architecture allows us to modify the workflow as business requirements evolve. The strong governance and standardization are important to prevent excessive customization from making the system difficult to maintain, so workflow scalability is great.

The customer support for Agiloft Contract Lifecycle Managment (CLM) is great.

We previously used Intelagree, which is a contract management system, and spreadsheets, which are not very useful. With Intelagree, their AI features were just coming up, and they were not great. Tracking the contract was also a little difficult, which is why we tried to use Agiloft.

We are still trying to deploy Agiloft Contract Lifecycle Managment (CLM); we have not done it completely.

I certainly observe a return on investment with time saved and fewer employees needed, so ROI is good.

I was not authorized to discuss pricing, setup cost, and licensing of Agiloft Contract Lifecycle Managment (CLM), but I think it was great; that's why we are having it.

Before choosing Agiloft Contract Lifecycle Managment (CLM), I evaluated Conga, Intelagree, and Smartsheet.

I am trying to put together how much I have spent on a contract, how much other teams have spent, and how they remind me about any contract or how I remind them. Everything together, such as follow-up with procurement, finance, and attorney, shows a significant improvement.

My advice for others looking into using Agiloft Contract Lifecycle Managment (CLM) is to focus on business outcomes and process design, not just technology. Agiloft is highly configurable, so it's important to clearly define contracts, processes, approval requirements, roles, reporting needs, and other things. I would also recommend prioritizing integration, user adoption, and data quality.

Overall, I think Agiloft Contract Lifecycle Managment (CLM) is a strong contract management platform, particularly for organizations with great volume, many customers, and numerous suppliers. I would recommend starting with a clear contracting process rather than trying to automate every exception from day one. Another important consideration is long-term administration. I would rate this platform an 8 out of 10.

My main use case and interaction with Agiloft Contract Lifecycle Managment (CLM) involves implementing and helping clients implement it.

We worked with a company that provided travel recommendations for their customers, and they used contracts. They automated their contracting process with supplier agreements using Agiloft Contract Lifecycle Managment (CLM).

When I helped implement Agiloft Contract Lifecycle Managment (CLM) for this travel recommendations company, I was managing the connector alignment between Agiloft, us as an implementation partner, and the customer.

From my experience with these implementations, the best features Agiloft Contract Lifecycle Managment (CLM) offers include drafting contracts, creating templates, and using AI to help redline contracts and connect them back to customer playbooks. The ingestion of third-party documents using Agiloft's AI helps customers who are predominantly using third-party papers through their contracting process. Customers have the ability to review the terms in those contracts using AI and against their own playbooks and rules. Creating workflows for specific contract types, whether it be an NDA, MSA, or a supplier agreement, allows for bespoke workflows so that those contracts are routed to their correct individuals, which massively shortens the time from beginning to end for a contract.

Out of those features, the insights that clients derive from post-signature have had the biggest impact. These insights enable clients to use the data within their contracts to initiate billing cycles, know when it is time to renew that contract automatically rather than having to do this manually, and review which suppliers they are using based on information in the contract. For example, if some of their policies or the laws have changed and some of their supplier agreements do not potentially comply with new laws, they can use a review of that process, potentially saving their company thousands if not millions in potential lawsuits for using suppliers that have policies or unethical trading and are not covered within that contracting process.

Agiloft Contract Lifecycle Managment (CLM) has positively impacted my client organizations by massively reducing contract authoring. Some contracts used to take three months to execute, and we have seen contract execution time reduced from months down to hours.

The reduction in contract execution time has improved client satisfaction, increased deal velocity, and allowed their legal teams to focus on other tasks outside of contracting, thereby freeing up time for the legal departments.

Agiloft Contract Lifecycle Managment (CLM) could be improved in several ways. The training is not good, and they do not offer very good training at all. They lack great support for partners looking to implement or customers, tending to charge for what they call expert services to support partners, but they really do not provide support at all. They just shadow projects. The overall support from Agiloft, customer service, and training and enablement could be massively improved.

The majority of the support Agiloft offers customers is based in the US. They could improve their European footprint to support customers based outside of the US.

I would rate Agiloft Contract Lifecycle Managment (CLM) a seven out of ten.

I chose seven out of ten because I think there are others in the market that are doing things a lot better than Agiloft and are far more advanced with their AI. Agiloft seems quite far behind when it relates to AI, specifically generative AI and agentic AI.

Regarding Agiloft Contract Lifecycle Managment (CLM)'s AI capabilities, the governance and security are good. They can offer on-premise solutions for their customers and have been used by some government, security, and financial organizations because they have high clearance for those.

Regarding Agiloft Contract Lifecycle Managment (CLM)'s AI capabilities, the accuracy and reliability of output are okay. Based on prior testing, accuracy was around eighty percent to eighty-four percent.

My advice for others looking into using Agiloft Contract Lifecycle Managment (CLM) is to do your due diligence, make sure that you are fully ready and have all of your requirements up front to avoid surprises down the line, and insist on a good level of support post go-live from Agiloft to ensure continuous support once your partner is off the project. I gave this product a rating of seven out of ten.