Agiloft offers contract lifecycle management (CLM) software, connecting contractual commitments to real business outcomes using its Data-first Agreement Platform (DAP). With contract data as the foundation, customers can collaboratively reach agreement and leverage contract visibility. Employing artificial intelligence as a legal force multiplier, and integration capabilities as a data liberator, organizations can use Agiloft’s certified implementers to deliver connected,…
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IBM Datacap
Score10 out of 10
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IBM® Datacap helps users streamline the capture, recognition and classification of business documents and extract important information. Datacap supports multiple-channel capture by processing paper documents on scanners, mobile devices, multi-function peripherals and fax. It uses natural language processing, text analytics and machine learning technologies, to automatically identify, classify and extract content from unstructured or variable documents. The software can reduce labor and paper…
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Pricing
Agiloft
IBM Datacap
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Agiloft
IBM Datacap
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
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More Pricing Information
Features
Agiloft
IBM Datacap
Contract Authoring
Comparison of Contract Authoring features of Agiloft and IBM Datacap
Feature
Agiloft
9.5
4 Ratings
15% above category average
IBM Datacap
-
Ratings
Contract creation
10.04 Ratings
00 Ratings
Contract templates
10.04 Ratings
00 Ratings
Clause library/saved fields
10.04 Ratings
00 Ratings
Guided logic
8.03 Ratings
00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Agiloft and IBM Datacap
Feature
Agiloft
8.8
4 Ratings
7% above category average
IBM Datacap
-
Ratings
Contract sharing
9.04 Ratings
00 Ratings
Contract editing
8.04 Ratings
00 Ratings
Collaborating on contracts
9.04 Ratings
00 Ratings
MS Word plug-in
9.04 Ratings
00 Ratings
Approval process
9.04 Ratings
00 Ratings
Interdepartmental workflows
9.04 Ratings
00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Agiloft and IBM Datacap
Feature
Agiloft
7.7
4 Ratings
7% below category average
IBM Datacap
-
Ratings
Contract database
8.04 Ratings
00 Ratings
Contract search
7.04 Ratings
00 Ratings
Contract milestone reminders & alerts
7.04 Ratings
00 Ratings
Custom contract reports
8.04 Ratings
00 Ratings
Tracking contract status
8.04 Ratings
00 Ratings
Compliance check
7.04 Ratings
00 Ratings
Contract Management
Comparison of Contract Management features of Agiloft and IBM Datacap
Agiloft is great for storing contracts and being able to run reports on those contracts. Where is lacks is when there are amendments to the contracts which change information that you will run a report on. Since the data doesn't stack, if I wanted to run a report on any agreement with unpaid time off and there was unpaid time off added in the first amendment but removed in the second amendment, the first amendment would still hit the report even though the unpaid time off was removed in a later amendment
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Once highly customized, IBM Datacap can suit any business unit and scenario. To realize accurate knowledge and insight base on business documents, I would emphasize use of IBM Datacap since it has robust OCR tool that ease document capturing.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
As with our brains, we only use 10% of its capability. It can be as complex as you want it to be or as simple. The training requirements to use it have been minimal depending on the application. This is really a reflection as to how the workflow was configured
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Implementation was relatively easy and I have not had any issues with the support. UI change created some challenges for the end-users, but overall, it was a smooth experience. I hope the company will continue investing in the product and not consider it as something to not care about too much. I believe Agiloft does not make any other software, so I think the focus on it should not wane.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Prior to implementing Agiloft, we used ProLaw. ProLaw acts as an electronic library for all contracts across the company. We were able to get this to work for us but it was limited in what functionality it provided. Agiloft is far superior when it comes to tracking and contract generation. Both systems store the agreements; however, Agiloft does a lot of the work for us. It creates the agreements with the click of a button, manages user permissions, sends automated reminders without requiring setup. These are all things ProLaw either didn't have or had but required manual entry. I was not the one who selected Agiloft as our new system, but after using it I can see why it was chosen.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We have protected and safeguarded business information by redacting documents to ensure that confidential data doesn’t reach to irrelevant business users or cyber attackers.
Business procedures automation has been enhanced by IBM Datacap as part of the Cloud pak, which eases workflow and decision management.
Being based on modern modular, IBM Datacap allows us to pay for what we use, thus no losses are encountered.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info