{"id":1656,"date":"2020-02-26T11:28:01","date_gmt":"2020-02-26T11:28:01","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1656"},"modified":"2020-02-26T16:28:31","modified_gmt":"2020-02-26T16:28:31","slug":"agiloft-launches-ai-engine-for-advanced-contract-automation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/agiloft-launches-ai-engine-for-advanced-contract-automation\/","title":{"rendered":"Agiloft Launches AI Engine for Advanced Contract Automation"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1657\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation.jpg\" alt=\"Agiloft Launches AI Engine for Advanced Contract Automation\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-540x270.jpg 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-640x320.jpg 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-128x64.jpg 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-400x200.jpg 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/02\/Agiloft-Launches-AI-Engine-for-Advanced-Contract-Automation-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Agiloft <\/span><a href=\"https:\/\/www.prnewswire.com\/news-releases\/agiloft-announces-ai-engine-for-advanced-contract-automation-on-no-code-platform-301010610.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">has announced<\/span><\/a><span style=\"font-weight: 400\"> the addition of its new <\/span><a href=\"https:\/\/www.agiloft.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Agiloft <\/span><\/a><span style=\"font-weight: 400\">AI Engine. The platform comes with prebuilt AI capabilities for contract management and an open AI integration that allows users to incorporate custom-built AI tools into the no-code solution. The platform now offers advanced translations through Google Translate, which enables users to translate new or changed field labels from any language supported to any other language.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"box box3\"><span style=\"color: #000000\">Our<\/span><\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <i><span style=\"font-weight: 400\">Buyer\u2019s Guide for Business Process Management<\/span><\/i><\/a><span style=\"font-weight: 400\"><span style=\"color: #000000\"> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/span><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Agiloft also <\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/agiloft-adds-usability-enhancements-and-ai-based-intelligent-ocr-to-no-code-platform\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">recently launched<\/span><\/a> <span style=\"font-weight: 400\">new advanced functionality and usability enhancements to its enterprise platform to streamline processes for users and improve productivity for Contract Lifecycle Management, IT Services Management, and Business Process Management (BPM) applications. In addition to improvements to the platform graphic user interface (GUI) and navigation, Agiloft added AI-based metadata extraction from PDF files and scanned images to its product suite. This new capability allows users to significantly decrease the amount of time spent creating new records from existing documents with the use of intelligent optical character recognition (OCR).<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Agiloft AI Engine adds advanced artificial intelligence to Agiloft\u2019s contract lifecycle management software. Key features of the Agiloft AI offering include out-of-the-box AI capabilities that solve common issues in contract management such as metadata and clause extraction from contracts and other documents, document classification, contract risk scoring, and more. Prebuilt machine learning models also allow users to deploy their own custom AI tools with existing data. The open AI Engine also offers an integration template to provide machine learning models from Amazon SageMaker and Goggle TensorFlow to build custom AI tools on Agiloft\u2019s no-code platform.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, VP of Engineering at Agiloft, Christian Thun said, \u201cwith our AI Engine and included AI functionality, Agiloft has a unique position in the market. Agiloft is the only no-code CLM platform today that provides open AI capabilities. The automation and configuration opportunities with Agiloft are unmatched, and we are looking forward to further expanding our AI functionality in 2020.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Learn more about <\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/agiloft-announces-powerful-upgrades-agiloft-no-code-enterprise-platform\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Agiloft<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<div class=\"hr hr\"><\/div>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"bpm-footer-cta\" href=\"https:\/\/solutionsreview.com\/business-process-management\/bpm-vendor-map-a-guide-to-the-best-bpm-solutions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-vm-speedbump.png\" alt=\"Download Link to BPM Vendor Map\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agiloft has announced the addition of its new Agiloft AI Engine. The platform comes with prebuilt AI capabilities for contract management and an open AI integration that allows users to incorporate custom-built AI tools into the no-code solution. The platform now offers advanced translations through Google Translate, which enables users to translate new or changed [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":1657,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[206,10,35,307],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agiloft Launches AI Engine for Advanced Contract Automation<\/title>\n<meta name=\"description\" content=\"Agiloft has announced the addition of its new Agiloft AI Engine. The platform comes with prebuilt AI capabilities for contract management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-process-management\/agiloft-launches-ai-engine-for-advanced-contract-automation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agiloft Launches AI Engine for Advanced Contract Automation\" \/>\n<meta property=\"og:description\" content=\"Agiloft has announced the addition of its new Agiloft AI Engine. 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