Agiloft vs. IBM Datacap

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Agiloft
Score 8.5 out of 10
Enterprise companies (1,001+ employees)
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,…N/A
IBM Datacap
Score 10.0 out of 10
N/A
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…N/A
Pricing
AgiloftIBM Datacap
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AgiloftIBM Datacap
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
AgiloftIBM Datacap
Features
AgiloftIBM Datacap
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Agiloft
9.5
4 Ratings
16% above category average
IBM Datacap
-
Ratings
Contract creation10.04 Ratings00 Ratings
Contract templates10.04 Ratings00 Ratings
Clause library/saved fields10.04 Ratings00 Ratings
Guided logic8.03 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Agiloft
8.8
4 Ratings
8% above category average
IBM Datacap
-
Ratings
Contract sharing9.04 Ratings00 Ratings
Contract editing8.04 Ratings00 Ratings
Collaborating on contracts9.04 Ratings00 Ratings
MS Word plug-in9.04 Ratings00 Ratings
Approval process9.04 Ratings00 Ratings
Interdepartmental workflows9.04 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Agiloft
7.7
4 Ratings
7% below category average
IBM Datacap
-
Ratings
Contract database8.04 Ratings00 Ratings
Contract search7.04 Ratings00 Ratings
Contract milestone reminders & alerts7.04 Ratings00 Ratings
Custom contract reports8.04 Ratings00 Ratings
Tracking contract status8.04 Ratings00 Ratings
Compliance check7.04 Ratings00 Ratings
Contract Management
Comparison of Contract Management features of Product A and Product B
Agiloft
7.4
1 Ratings
6% below category average
IBM Datacap
-
Ratings
Contract Storage6.01 Ratings00 Ratings
Advanced Search and Filtering7.01 Ratings00 Ratings
Customizable Contract Templates9.01 Ratings00 Ratings
Workflow Acceleration9.01 Ratings00 Ratings
E-Signatures8.01 Ratings00 Ratings
Reminders and Alerts6.01 Ratings00 Ratings
Analytics and Reporting6.01 Ratings00 Ratings
Integration with other Systems8.01 Ratings00 Ratings
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User Ratings
AgiloftIBM Datacap
Likelihood to Recommend
9.0
(6 ratings)
9.5
(4 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
8.0
(3 ratings)
-
(0 ratings)
Support Rating
10.0
(2 ratings)
9.0
(1 ratings)
User Testimonials
AgiloftIBM Datacap
Likelihood to Recommend
Agiloft
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
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IBM
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.
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Pros
Agiloft
  • Categorizing data based on your specific business needs.
  • Comparing documents and identifying risk.
  • Workflow management and visibility into state of things.
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IBM
  • Machine learning automates document processing from external applications and sources like scanners.
  • Exporting data with just a click to other content repositories.
  • Redaction of data based on requester role. Therefore, we are able to block irrelevant or sensitive information based on the specification of users.
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Cons
Agiloft
  • I am not a fan of the color scheme.
  • Many unnecessary integrations (Alexa).
  • Logging details about contracts should be easier to customize.
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IBM
  • Supporting documentation is poor
  • UI is old fashioned
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Likelihood to Renew
Agiloft
The current functionality is excellent and we keep getting request for more. Leadership wants to make this a one stop shop.
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IBM
No answers on this topic
Usability
Agiloft
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
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IBM
No answers on this topic
Support Rating
Agiloft
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.
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IBM
Generally they are very good and reactive to our requests. if we find an issue our error they are quick to add a fix to the next release if needs be.
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Alternatives Considered
Agiloft
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.
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IBM
It's easier to extract data from documents for analytics, unlike other similar platforms.
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Return on Investment
Agiloft
  • Agiloft has streamlined the requisitioning process and eliminated manual effort and repetitive low-value tasks.
  • We now have a single source of truth for our SOC audits.
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IBM
  • 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.
Read full review
ScreenShots

Agiloft Screenshots

Screenshot of Agiloft dashboards that provide access to data and insightsScreenshot of function-specific dashboards that provide access to the most relevant dataScreenshot of records with clear process advancement prominently featuredScreenshot of a configurable viewScreenshot of Agiloft's search feature that reveals contracts in even the largest repositoriesScreenshot of the drag-and-drop workflow creation that lets users manage their process without code.