Agiloft Unveils Groundbreaking Generative AI for Contract Negotiation and Redlining

In a significant advancement for the field of Contract Lifecycle Management (CLM), Agiloft, a global leader in data-first CLM software, has announced the launch of its new generative AI (GenAI) capability. This innovative feature is set to revolutionize the way legal and contract teams negotiate, review, and redline contracts, offering a solution to the often tedious and prolonged redlining process. Transformative Technology for Contracting Agiloft's GenAI capability is designed to understand approved clauses, review third-party contract language for misalignments, and compose redlines that blend third-party language with legal's preferred phrasing. "This greatly reduces the back-and-forth negotiations between parties, providing an express route to contract execution," said Andy Wish