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HomeNews & Current EventsAgiloft Recognized as Newsweek AI Impact Award Finalist for...

Agiloft Recognized as Newsweek AI Impact Award Finalist for Pioneering AI in Contract Lifecycle Management

TLDR: Agiloft, a leader in data-first contract lifecycle management (CLM), has been named a finalist for the prestigious Newsweek AI Impact Awards 2025. This recognition highlights Agiloft’s innovative and ethical application of artificial intelligence to revolutionize contract management processes, emphasizing its unique ‘AI on the inside™’ platform.

REDWOOD CITY, Calif. – Agiloft, a prominent provider of data-first contract lifecycle management (CLM) solutions, announced today its selection as a finalist for the Newsweek AI Impact Awards 2025. This esteemed accolade celebrates organizations that demonstrate exceptional influence through the strategic and ethical deployment of artificial intelligence technologies.

The Newsweek AI Impact Awards are designed to honor companies leveraging AI to address critical business challenges across diverse industries, highlighting innovations that significantly enhance capabilities and deliver measurable impacts on business operations. Agiloft’s recognition underscores its commitment to integrating AI deeply within its CLM platform, distinguishing itself in a competitive market.

Eric Laughlin, CEO at Agiloft, commented on the achievement, stating, “Agiloft is the first CLM platform built with AI on the inside™, and that is by design. We are focused on building AI with a balance of power and process transparency that leads to adoption. This recognition from Newsweek confirms that we are on the right track, and reflects the incredible work our team has done to make AI real, responsible, and part of everyday decision-making.”

Agiloft’s ‘AI on the inside™’ methodology sets it apart from solutions that offer AI as a mere add-on. The platform provides fully-configurable AI capabilities at every stage of the contract lifecycle. This includes data-driven assessments that can reduce initial review times by up to 80%, generative AI agents facilitating instantaneous approval cycles, and rapid analysis of hundreds of contracts to uncover hidden risks. These AI-powered features are designed to accelerate business operations, enhance visibility, and optimize processes.

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Trusted by global brands such as Alkermes, Balluff, Bissel, FuelCell Energy, RUSH, and TaylorMade, Agiloft boasts a 96% customer renewal rate and a 100% satisfaction rating for implementations. Backed by leading investment firms KKR, JMI Equity, and FTV Capital, Agiloft continues to integrate AI at its core, transforming contracting into a strategic advantage for business growth.

Nikhil Patel
Nikhil Patelhttps://blogs.edgentiq.com
Nikhil Patel is a tech analyst and AI news reporter who brings a practitioner's perspective to every article. With prior experience working at an AI startup, he decodes the business mechanics behind product innovations, funding trends, and partnerships in the GenAI space. Nikhil's insights are sharp, forward-looking, and trusted by insiders and newcomers alike. You can reach him out at: [email protected]

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