Agiloft
VS
ContractWorks
Agiloft
Agiloft's Data-first Agreement Platform revolutionizes contract lifecycle management by providing comprehensive visibility into contract data while enabling quick and collaborative agreement processes. The platform incorporates advanced AI capabilities, including ConvoAI for intelligent contract search and analysis, alongside robust contract management features.
As a recognized leader in the Gartner Magic Quadrant for Contract Lifecycle Management for five consecutive years, Agiloft maintains an impressive 97% customer retention rate and 99% implementation satisfaction rate. The platform offers extensive integration capabilities with over 1000 business systems, making it a versatile solution for legal, sales, finance, procurement, and executive leadership teams.
ContractWorks
ContractWorks is a comprehensive contract lifecycle management (CLM) software designed to centralize, automate, and streamline contract processes for organizations. The platform leverages advanced AI technologies, including GPT-3 and robust OCR, to accelerate contract drafting, enable instant search and review of contract terms, and simplify complex legal language for greater efficiency.
Suitable for a wide range of industries and departments, ContractWorks provides secure document storage, automated alerts, collaborative editing with Word compatibility, and scalable workflows. With built-in electronic signatures, customizable reports, and permission-based access control, it empowers legal, finance, HR, and sales teams to manage contracts with improved compliance, transparency, and speed from a single easy-to-use interface.
Pricing
Agiloft Pricing
Agiloft offers Contact for Pricing pricing .
ContractWorks Pricing
ContractWorks offers Free Trial pricing .
Features
Agiloft
- AI-Powered Contract Review: Automated analysis and review of contracts using advanced AI
- ConvoAI Integration: Natural language search capabilities for contract repository
- Document Generation: Automated contract creation and template management
- Workflow Automation: Customizable approval processes and automated tasks
- Integration Hub: Connects with 1000+ business systems via drag-and-drop interface
- Analytics Dashboard: Real-time contract performance tracking and insights
- Multi-Language Support: Global contract management capabilities
- Security Compliance: Enterprise-grade security and access controls
ContractWorks
- Centralized Contract Repository: Secure single location for storing and organizing contracts.
- AI-Powered Search & OCR: Rapidly locate contracts, clauses, and terms using artificial intelligence.
- GPT-3 Clause Creation: Generate new contract clauses and simplify complex legal language with GPT-3 AI.
- Dynamic Drafting Templates: Create any type of contract in minutes via interactive templates.
- Collaborative 2-Way Editor: Redline and edit contracts with compatibility for MS Word.
- Automated Approval Workflows: Streamline and accelerate contract reviews and approvals.
- Built-in Electronic Signatures: Legally sign and manage agreements from anywhere.
- Customizable Reports & Alerts: Schedule reports and receive notifications on key dates and milestones.
- Permission-Based User Roles: Control access and visibility with role-based permissions.
- 24/7 Support: Around-the-clock customer support for all users.
Use Cases
Agiloft Use Cases
- Contract creation and negotiation
- Document management and storage
- Risk management and compliance
- Vendor relationship management
- Legal document analysis
- Contract performance tracking
- Business process automation
- Cross-department collaboration
ContractWorks Use Cases
- Automating contract drafting and approval for legal teams.
- Managing contract renewals and compliance in healthcare organizations.
- Streamlining vendor agreement workflows for procurement managers.
- Centralizing sales agreements and accelerating deal closures.
- Enabling collaborative contract negotiations with internal and external stakeholders.
- Improving audit readiness with secure, permission-based contract access.
FAQs
Agiloft FAQs
-
What is Agiloft's customer retention rate?
Agiloft maintains a 97% customer retention rate year over year. -
Is Agiloft recognized by industry analysts?
Yes, Agiloft has been recognized as a Leader in the Gartner Magic Quadrant for Contract Lifecycle Management for 5 consecutive years. -
What is the implementation satisfaction rate?
Agiloft has a 99% implementation satisfaction rate.
ContractWorks FAQs
-
What happens after the trial account expires?
After the trial period, the account automatically converts to a paid standard license, with all contracts, tags, alerts, and user data preserved for a seamless transition. -
Can ContractWorks be accessed by clients outside the US?
Yes, ContractWorks can be accessed globally and payments from international clients are supported. -
How are electronic signature licenses managed?
Each plan includes a set number of electronic signature licenses, with additional packs available for purchase; only users with a license can send documents for signing, while all recipients can sign for free. -
Is there a dedicated onboarding process?
Yes, template automation and onboarding are included in the paid implementation process, with the ContractWorks team integrating workflow and document patterns for new customers. -
What support is provided to customers?
ContractWorks offers 24/7 customer support to assist users with setup, training, and any ongoing platform needs.
Uptime Monitor
Uptime Monitor
Average Uptime
100%
Average Response Time
228.03 ms
Last 30 Days
Uptime Monitor
Average Uptime
100%
Average Response Time
151.67 ms
Last 30 Days
Agiloft
ContractWorks
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