Agiloft Delivers AI Across Contract Lifecycle

Agiloft, a leader in data-first contract lifecycle management (CLM), has announced the advancement of the Agiloft Data-first Agreement Platform by integrating Screens, a leading AI-powered contract review technology. This integration marks a significant step forward in Agiloft's commitment to delivering expert-crafted AI at every stage of the contract lifecycle. This integration will enhance efficiency, accelerate business, and improve visibility—all available within the standard Agiloft base package. As the only no-code CLM with AI on the inside™, this AI-inclusive model enables organisations with the agility to transform their business by growing revenues faster, reducing operating costs, and minimising business risks.

Agiloft customers now have access to the playbook-based AI contract review and redlining solutions pioneered by Screens, Inc., which Agiloft acquired in December 2024. Screens' technology empowers companies to accelerate contract review and negotiation processes, mitigate risks, and extract valuable insights from complex documents with unprecedented ease and efficiency. Launched in early 2024 by a team of lawyers and machine learning experts, Screens was the first company in the contract review space to publish publicly auditable benchmarks showing overall AI accuracy on a wide variety of complex contract review and redlining tasks, clocking in at 97.5%.

"Screens makes it easy for companies to extract virtually any type of data from their contracts quickly, accurately, and at scale," Andy Wishart, CPO at Agiloft. "Integrating Screens into Agiloft enables customers to use that data in infinite ways, whether it is building workflows or piping the data into hundreds of other systems with which Agiloft integrates. The combination makes AI on the inside a fundamental underpinning of Agiloft's strategy and delivers unprecedented value to customers."

Unlike other solutions that take a black-box approach to AI, which conceals how automated decisions are made, Agiloft employs white-box methods, ensuring transparent sources, operations, and human control. A significant advantage for legal and contracting teams is that Agiloft's platform incorporates powerful agents, which customers can edit, create, and deploy using the unique Prompt Lab. These GenAI actions go beyond simple automation, providing actionable insights and intelligent decision-making throughout the contracting process. With AI fully embedded in its core platform, Agiloft enables organisations to accelerate contract cycle times by up to 80 per cent, reduce operational costs, and identify hidden risks. Uniquely in the industry, these transformational capabilities are a core part of the CLM solution, weaving AI into every step of the contract lifecycle.

Agiloft's fully AI-enhanced CLM solutions revolutionise business through smarter, connected contracting to drive intelligent strategies, faster decision-making, and game-changing competitive advantage. Key features include:

• Quicker, market data-informed contract reviews with expert-crafted AI-powered playbooks
• Seamless contract data extraction with pre-built AI models
• Advanced GenAI search with Ask AI
• GenAI-powered automation of routine contracting tasks with Prompt Lab

"Organisations are increasingly looking for solutions that do more than just streamline contract workflows; they want platforms that drive strategic value," continued Wishart. "With this new benchmark of AI at the core of our CLM platform, we are modernising the organisational approach to contracts by providing data-rich assets and processes so legal teams can drive revenue, cut costs, and reduce risk by actively collaborating across their organisations."

Gartner's recent market research indicates that over 70 per cent of legal leaders plan to implement or expand the use of generative AI within their departments over the next two years. Agiloft's fully AI-enhanced CLM solution positions the company to meet this demand, providing a solution with AI at its core that delivers operational efficiency and a strategic edge in an increasingly competitive landscape.

Agiloft's Data-first Agreement Platform with AI on the inside™ enables businesses to modernise their operations, reduce risk, and accelerate their business, ensuring that legal teams benefit from a scalable, intelligent solution that adapts to evolving needs. Agiloft is introducing new, simple packaging and pricing that offers AI as part of its standard package. 

About Agiloft

Agiloft is a global leader in data-first contract lifecycle management (CLM), delivering the only no-code platform with AI on the Inside™ – a fully embedded, configurable AI that enhances efficiency, reduces review times by up to 80%, and accelerates business without the need for additional configuration. Designed to transform contracts into strategic data-rich assets, Agiloft's Data-first Agreement Platform (DAP) seamlessly connects contract data to over 1,000 business-critical systems, driving operational efficiencies and informed decision-making.