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Industry Summary Articles

Thursday, November 09, 2023

Agiloft Announces Partnership With Kroll’s Corporate Legal Solutions Experts

Agiloft, the global standard in agile contract lifecycle management (CLM), announced that Kroll has joined Agiloft’s global network of service partners. Kroll’s corporate legal solutions team brings together extensive experience in legal operations, data privacy, and contract management to help its clients increase operational effectiveness, strengthen regulatory compliance, and reduce security risks.

“We are delighted to continue the expansion of our global services network through the addition of a new partner, Kroll,” said Steve McKean, Agiloft’s VP of Global Alliances. “Kroll’s Corporate Legal Solutions practice has extensive experience selecting, implementing, and upgrading contract management systems across the enterprise. Mike Stevens, Managing Director and Global Head of Contract Lifecycle Management Practice at Kroll, and his team support legal and contracting professionals to implement scalable, robust contract management and governance frameworks that meet their contracting and compliance needs while gaining operational effectiveness. They are also well-versed in AI and contract management automation, offering invaluable, frontline expertise to help organizations select the best solution for their organization.”

Kroll offers a wide range of services to help clients implement, maintain, and drive adoption of Agiloft’s AI-driven CLM platform. By combining contract management and legal process best practices, proven technology, and rigorous systems implementation support, its teams transform contracting from a bottleneck to a business enabler for companies across key verticals, including Financial Services, Life Sciences, Energy, High Tech, and others.

“Agiloft’s user-friendly platform, exceptional use of AI, and best-of-breed service delivery and support, ensure they remain a leader in the growing CLM software market, and we are excited to add them to the portfolio of business services we offer our customers,” said Mike Stevens. “With its robust AI capabilities and unmatched configurability, Agiloft makes it possible for us to customize contract transformation for our clients, providing them with a rapid path to implementing a powerful and cost-effective business solution.”

Earlier this year, Agiloft announced the release of AI Trainer, a powerful, new AI model training capability that empowers non-technical users to fully customize the way they review and analyze contracts. Designed to be a force multiplier for legal and contract teams, AI Trainer empowers non-technical, subject matter experts to train Agiloft’s AI to identify important key terms and clauses, so they can quickly analyze and draw actionable insights from their contracts, then share that business-critical intelligence with the rest of their organization to drive real enterprise value.

To view the original press release, please click here.

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