Agiloft launches new generative AI capabilities as part of its ‘AI Your Way’ initiative
Agiloft, a leader in data-first contract lifecycle management (CLM), is expanding its product suite with new generative AI capabilities to enable legal teams to unlock the value of contract data and accelerate their businesses.
Through its AI offerings—GenAI Prompt Lab, ConvoAI Document Q&A, and Screens—these capabilities tailor AI-driven workflows to the exact needs of legal and contracting teams, empowering organizations to deploy AI in a way that precisely meets their needs, the vendor said.
At the core of Agiloft's new generative AI features is the offering to leverage white box AI, providing complete transparency into the decision-making process and allowing users to understand and trust the AI model's reasoning behind every outcome.
Within ConvoAI Document Q&A, legal professionals can ask specific questions about a contract and receive AI-driven responses that are directly tied to the source of the information within the document.
With this white box AI functionality, users can confidently trust AI responses by instantly jumping to the highlighted content within the contract that supports the answer.
According to the company, this capability eliminates the guesswork from AI-driven insights, providing legal teams with the precision they need to make informed decisions.
"AI is most powerful when it adapts to how you work," said Andy Wishart, chief product officer at Agiloft. "With 'AI Your Way,' legal teams can fully customize prompts within their clause libraries to match their unique needs, leverage white box AI for complete transparency in contract review, and tap into GenAI Prompt Lab to streamline clause management. These innovative features give legal and contracting teams the freedom to take full control, save valuable time, and focus on the high-impact work that drives real business value."
In addition, Agiloft has released new out-of-the-box prompts within GenAI Prompt Lab, a series of new, user configurable generative AI templates designed to optimize clauses in clause libraries.
The prompts can evaluate hundreds of extracted clauses in a single operation to suggest standard and fallback clauses—allowing legal teams to leverage AI to quickly create, evaluate, and track clauses across the contract lifecycle.
Agiloft's "AI Your Way" initiative allows customers to tailor AI-powered workflows to fit their specific needs.
Now, with the addition of white box AI capabilities and the ability to streamline clause management within GenAI Prompt Lab—enhanced by AI capabilities from Agiloft's recent acquisition of Screens, which introduces intelligent contract review and standardization—Agiloft's AI functionalities empower legal teams to streamline operations, automate manual tasks, and leverage intelligent data-rich insights from contracts at scale.
For more information about this news, visit www.agiloft.com.