technology data management
PR Newswire
Published on : Mar 5, 2024
Agiloft, the most trusted global leader in data-first contract lifecycle management (CLM), today announced enhanced features for connectivity including a new Google Docs App and new custom API Platform that further enables the flow of contract data across thousands of business-critical systems so users can access the information they need, when they need it, in the tools they prefer. The new capabilities include:
"In this release, we are continuing our mission of increasing connectivity and usability in the Agiloft platform," said Andy Wishart, Chief Product Officer at Agiloft. "With our data-first approach, flowing contract data into and out of relevant applications is a critical functionality. Our new API Platform within the Integration Hub gives customers more control over their contract data than ever before, allowing more freedom to connect data the way that best suits their tech ecosystem and work streams. On the usability side, Tree View and the new Google Docs app empower users with more time savings, contract visibility, and options to manage contracts in the apps they most prefer."
Today's enhancements are now available to customers alongside Agiloft's new generative AI redlining capability announced in January, which helps to streamline negotiations and empowers users to significantly increase the speed with which they're able to redline, negotiate, and ultimately agree on contract terms.
On Agiloft's GenAI strategy, Nikhil Gaur, Research Analyst & Project Associate at Spend Matters, says, "Agiloft continues to take a methodical approach to generative AI, adding features with real value, but doing so carefully and without overpromising. The redlining capability in particular will be useful as it allows customers to select key areas and more quickly arrive at mutually agreeable language."