{"id":1986,"date":"2021-05-21T11:35:43","date_gmt":"2021-05-21T11:35:43","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1986"},"modified":"2021-05-21T15:36:08","modified_gmt":"2021-05-21T15:36:08","slug":"agiloft-launches-sourcing-and-supplier-information-management-module","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/agiloft-launches-sourcing-and-supplier-information-management-module\/","title":{"rendered":"Agiloft Launches Sourcing and Supplier Information Management Module"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1502\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution.jpg\" alt=\"Agiloft Launches Sourcing and Supplier Information Management Module\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-540x270.jpg 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-640x320.jpg 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-128x64.jpg 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-400x200.jpg 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/09\/The-Top-5-Reasons-to-Implement-a-BPM-Solution-180x90.jpg 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Agiloft <\/span><a href=\"https:\/\/www.agiloft.com\/news\/20210519.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">recently announced<\/span><\/a><span style=\"font-weight: 400\"> the release of its Sourcing and Supplier Information Management module. This module is a new add-on to reduce sourcing cycle time, automate supplier onboarding, and ongoing compliance. The new module streamlines the source-to-contract process, automates supplier information management, and allows for access to the unified Source-to-Contract platform.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"box box3\"><span style=\"color: #333333\">Our<\/span><\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"> <b><i><span style=\"text-decoration: underline\">Buyer\u2019s Guide for Business Process Management<\/span><\/i><\/b><\/a> <span style=\"font-weight: 400\"><span style=\"color: #333333\">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\"><a href=\"https:\/\/www.agiloft.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Agliloft<\/span><\/a> <span style=\"font-weight: 400\">is a highly configurable BPM suite comprised of a flexible and robust data module. The module features a powerful workflow rules engine giving it the ability to map any business structure and automate complex business processes. The platform includes integrated applications for help desk, customer service, web self-service, knowledge management, and contract management. Users can decide whether to employ hosted or on-premise deployment to meet their organization\u2019s needs. Agiloft integrates with several commonly used business applications, and its full-bodied offering of APIs eases integration with other systems. In 2020, Agiloft also received a $45 million growth equity investment from FTV Capital and appointed Eric Laughlin as its new CEO.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The new module highlights include:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Centralizing the creation, approval, collaboration, and decision-making for sourcing events;<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Automating supplier contract notifications and requests for documentation,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Compiling data to verify compliance with business criteria and policies;<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Alerts for upcoming expirations and identifying a pipeline of new sourcing opportunities;<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Unified sourcing and contracting user experience.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, Eric Laughlin, CEO of Agiloft, said, \u201cas the first of many add-on modules extending CLM to adjacent processes, we are continually increasing the value of Agiloft CLM for the enterprise. As the only CLM platform to provide no-code AI capabilities, Agiloft offers unmatched possibilities for customization and automation of complex contract and commercial workflows \u2014 all without needing to write a single line of code. The new capabilities of this latest release take CLM to the next level, helping sourcing and supplier management deliver more business impact.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To learn more about Agiloft, <\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/agiloft-releases-new-user-interface-for-contract-lifecycle-management\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">click here.<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><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 recently announced the release of its Sourcing and Supplier Information Management module. This module is a new add-on to reduce sourcing cycle time, automate supplier onboarding, and ongoing compliance. The new module streamlines the source-to-contract process, automates supplier information management, and allows for access to the unified Source-to-Contract platform. Agliloft is a highly configurable [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":1502,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[206,10,507,506],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agiloft Launches Sourcing and Supplier Information Management Module<\/title>\n<meta name=\"description\" content=\"Agiloft recently announced the release of its Sourcing and Supplier Information Management module, a new add-on to reduce sourcing cycle time.\" \/>\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-sourcing-and-supplier-information-management-module\/\" \/>\n<meta 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