Agiloft Contract Lifecycle Management vs. Kofax Capture

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Agiloft Contract Lifecycle Management
Score 8.7 out of 10
Enterprise companies (1,001+ employees)
Agiloft’s Contract Lifecycle Management solution is contract management software for managing the complete contract lifecycle, streamlining the approval process, and integrating contract information into all relevant business processes.N/A
Kofax Capture
Score 5.6 out of 10
N/A
Kofax Capture is a suite of multichannel document capture applications.
$3,500
per year
Pricing
Agiloft Contract Lifecycle ManagementKofax Capture
Editions & Modules
No answers on this topic
Kofax Capture
$3,500
per year
Offerings
Pricing Offerings
Agiloft Contract Lifecycle ManagementKofax Capture
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
Agiloft Contract Lifecycle ManagementKofax Capture
Top Pros
Top Cons
Features
Agiloft Contract Lifecycle ManagementKofax Capture
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Agiloft Contract Lifecycle Management
8.8
3 Ratings
7% above category average
Kofax Capture
-
Ratings
Contract creation8.03 Ratings00 Ratings
Contract templates10.03 Ratings00 Ratings
Clause library/saved fields9.03 Ratings00 Ratings
Guided logic8.02 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Agiloft Contract Lifecycle Management
9.7
3 Ratings
15% above category average
Kofax Capture
-
Ratings
Contract sharing10.03 Ratings00 Ratings
Contract editing10.03 Ratings00 Ratings
Collaborating on contracts10.03 Ratings00 Ratings
MS Word plug-in10.03 Ratings00 Ratings
Approval process9.03 Ratings00 Ratings
Interdepartmental workflows9.03 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Agiloft Contract Lifecycle Management
9.4
3 Ratings
10% above category average
Kofax Capture
-
Ratings
Contract database10.03 Ratings00 Ratings
Contract search10.03 Ratings00 Ratings
Contract milestone reminders & alerts10.03 Ratings00 Ratings
Custom contract reports10.03 Ratings00 Ratings
Tracking contract status10.03 Ratings00 Ratings
Compliance check7.03 Ratings00 Ratings
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User Ratings
Agiloft Contract Lifecycle ManagementKofax Capture
Likelihood to Recommend
9.0
(3 ratings)
9.2
(9 ratings)
Likelihood to Renew
10.0
(1 ratings)
9.0
(1 ratings)
Usability
10.0
(1 ratings)
10.0
(1 ratings)
Support Rating
10.0
(1 ratings)
5.0
(1 ratings)
User Testimonials
Agiloft Contract Lifecycle ManagementKofax Capture
Likelihood to Recommend
Agiloft
It is useful for contract management as it is supposed to be. I like the new interface a lot. It looks much more modern now. It is not as easy to manage documents that are not contracts. We tried to use the software as a vendor management solution, but eventually, the company decided to use another software instead. It needed customizations for our use case, which we could not afford to spend time on.
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Kofax
Kofax [Capture] meets our needs and for the most part is easy to use and setup. Configuration could be a little bit easier. The scripting language is a double edge sword if you will. It gives you nearly unlimited possibilities to script what you need, but the downside is you have to script it. Does a good job at batching and scanning documents. The tool integrates well into our workflow which makes our business partners happy and in turn provides for happy customers.
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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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Kofax
  • The VRS application included with Kofax Capture is the best image pre-processing platform available on the market today. It can handle a wide array of common document problems such as skew, flipping, wrinkles, lines, and dots.
  • The platform is incredibly scriptable and can be customized to handle all sorts of unusual document contents to allow information to be extracted that many other platforms just struggle on. Table extraction, line item matching, and smart extraction are all strong points with this platform.
  • Through the use of SBL and .NET the platform can be expanded and scaled quite easily to allow for the software to be integrated into existing business processes and platforms with ease.
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Cons
Agiloft
  • It would be nice if there were a way to upload an executed agreement and have the system pull the details into the contract record.
  • Maybe having a "themes" option so that individual users could pick a color scheme/layout that worked best for them.
  • Having a Chat feature could be helpful instead of sending internal emails.
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Kofax
  • We struggled with configuring Kofax with AP Automation. We used to receive vouchers in different formats by different companies, by different departments. The people from different departments used to scan those vouchers through regular scanners to a central location, which ended up as image pdfs. We fed these image pdfs through Kofax Capture for character recognition, which was painful as the accuracy of recognition was 50 to 60%.
  • Having a connectors with a workflow tool would be helpful where people can validate and approve the output.
  • More samples and documentation related to use of API in .NET applications would be a good improvement, that would help users to adapt the product easily into their organization.
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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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Kofax
Cost of Kofax is high, however the cost to benefit scenarios always pay off.
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Usability
Agiloft
Nice and simple interface. The software does its job well. It is not a central software for company operations, but it makes it significantly easier for multiple departments to operate. Regular updates and communication about them are the best part of the software and I would recommend it for other departments should the need arise. One major benefit I have found of Agiloft is scalability. As the company grows, the number of contracts grows almost exponentially. Agiloft allows handling them easily without having to reorganize old contracts.
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Kofax
It's good.
Read full review
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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Kofax
Haven't really used their support yet
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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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Kofax
Quality of data capture. Automatic data integration with Oracle and SAP ERP. Automatic image integration with Oracle and SAP ERP. Automatic invoice booking in Oracle and SAP ERP.
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Return on Investment
Agiloft
  • Better ability to find the contract you are looking for.
  • Broke even within 8 months of switching to Agiloft even with implementation fees.
  • Document compare saves time and mistakes.
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Kofax
  • We were able to decrease personnel expenditures as there was not a need for individuals to index documents prior to incorporating them into the record.
Read full review
ScreenShots

Agiloft Contract Lifecycle Management Screenshots

Screenshot of Customizable Contract Manager HomepageScreenshot of Secure contract repository with full text searchScreenshot of Graphical workflow editor allows you to define your contract workflow without writing a line of code.