Agiloft

📢 KKR to Acquire Majority Ownership in Agiloft 📢 LINK: https://bit.ly/3V6BIpA Today, we are excited to announce that KKR, a leading global investment firm, has acquired majority ownership in Agiloft! As part of the transaction, FTV Capital, a sector-focused growth equity firm and an existing investor in Agiloft, will make an additional investment in the company, and JMI Equity, a growth equity firm focused on investing in leading software companies, will join as a new investor in the company. So, what does this mean for Agiloft (and you)? We’re still the same Agiloft. We’re still the same team of people dedicated to helping you streamline your business and contracting processes. But now, with the backing of KKR, we’re on the path to: ✅ More growth ✅ More innovation ✅ Even more world-class customer success Get ready to see Agiloft reach new heights as a company, led by our trusted CEO, Eric Laughlin. Because at the end of the day, our focus is on you and your success. Together, we’re going places. Together, our potential is infinite.

This is an awesome opportunity for #CLOC members to share their knowledge with the broader community! 👇👇

#Redlining rage? 😡 Oh...we've been there. Learn how you can significantly increase the speed at which you redline, negotiate, and reach an agreement with our new #GenAI capabilities embedded directly within Microsoft Word 💪 Watch now: https://bit.ly/3z3Qsyj

It's time for another #MovieMondays! This week we're featuring another classic: Legally Blonde! 💼 💗 Remember when Elle Woods caught the witness lying about her perm? She knew that a perm wouldn't hold if you washed your hair within 24 hours, and that keen observation cracked the case wide open. In #CLM, this level of detail is crucial. Here’s how you can channel your inner Elle Woods: 1. Thorough review: Just like Elle scrutinized every detail, make sure you meticulously review every clause, term, and condition in your #contracts. Missing a small detail can lead to big issues down the line. 2. Consistency checks: Ensure that all contract terms are consistent across different documents. Inconsistencies can lead to misunderstandings and disputes. 3. Compliance monitoring: Keep an eye on compliance requirements. Just as Elle knew the rules of hair care, you should be aware of all regulatory and #compliance standards relevant to your contracts. 4. Data accuracy: Verify all #data points in your contracts. Accurate data is essential for effective contract management and decision-making. 5. Risk identification: Identify potential risks in your contracts. Elle’s attention to detail helped her spot a lie; your attention to detail can help you spot risks before they become problems. Lesson learned? 💡 By paying close attention to every detail, you can ensure that your contracts are airtight and your CLM process is as effective as possible. Remember, it’s the little things that make a big difference! #BendandSnap #Agiloft

Signing a #contract is a big deal. It can take weeks or months of negotiations, multiple back-and-forth cycles of redlining, and, often, sign-off from a broad array of colleagues and counterparties. Once the work is done, though, you have a well-crafted, clear outline of everything each party has committed to doing. But -- actually tracking those commitments and ensuring everyone gets what they expected can be tricky. Luckily, that's where a #CLM can help. Learn the 5 ways #obligationmanagement changes the game for your #contracting: https://bit.ly/4d9aDJK

When the Covid-19 pandemic began, leading biopharmaceutical company Alkermes, like many other organizations, realized that their #contracting system had become abruptly insufficient, and they needed to find a replacement ASAP. So, when faced with a tight budget and an even tighter timeline, Alkermes turned to Agiloft for a solution. Read on: https://bit.ly/3SdF0XF

It's not too late to register!

At Agiloft, our colleagues are making the most of their free Friday afternoons this summer, engaging in activities that rejuvenate their spirits and passions. This week for our #SummerFridaySpotlight, we are sharing this beautiful video Agiloft's Thomas Levi took while cycling 🚲 on Col du Glandon, a high mountain pass in the French Alps. How are you celebrating the joy of summer? Share with us using the hashtag #SummerFridaySpotlight!

Trust is critical in the #legal field, and #AI must earn that trust to be embraced. Lawyers should champion the development of reliable, secure, and ethically sound AI frameworks. Trustworthy AI not only benefits legal professionals but also instills confidence in the public. Read more about the trustworthiness of AI from our friends at LexFusion below:

📢 See Agiloft #CLM in action! 🌟 Register: https://bit.ly/3zCneXF Tired of missed deadlines, adversarial negotiations, and #contracts buried in metal filing cabinets? We’ve got you covered! Agiloft is here to smooth out those #contracting wrinkles. From proposal to expiration, we’ll help you make better agreements faster. You'll learn how CLM can help: 👉 Accelerate agreement timelines 👉 Get your departmental partners on board 👉 Track obligations and forecast effectively 👉 Unlock real business goals Join 800+ organizations worldwide in making contracting smoother, quicker, and more efficient. RSVP at the link above!