Though Agiloft CLM is a powerful tool for legal, sales, procurement, and any other departments that handle contracts, it’s much more powerful to use it with integrated data from across data and departments. In short, it was not meant to be a one-department solution; it was created to provide visibility across your organization through different platforms, allowing the right people to access the right data at the right time.
That’s why our CLM offers an extensive library of no-code integrations that connect seamlessly to critical business applications like Microsoft Dynamics, Oracle, SAP, Coupa, Workday and 400 more.
Why integrations?
- 43% of legal teams don’t have a single source of truth: This means that data, dates, and other critical information reside outside of what legal teams have access to. This can bring up a whole host of compliance issues, not to mention slow down contract processing. Without a way to connect the data points, some organizations use a lot of time and resources with manual, repetitive tasks.
- 10% of all corporate contracts are missing: Contract data helps us connect the dots and support overall strategy and budgets. What do organizations do if that information is missing or inaccessible? In addition to potential fees and fines and lost revenue, missing data can – whether an entire contract or key information from other departments – slow down an organization’s ability to be flexible, embrace change, and prepare for what’s next.
- Integrated contract processes deliver competitive advantage: With more data, you can make better decisions. You can begin to see your contracts’ relationships to each other, any gaps or vulnerabilities, and help your entire organization accelerate decision making and embrace an agile mindset.
You can find out more about the power of integrations in our new, comprehensive integrations guide. If you have any questions about integrations, please ask in our community!
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