The Pursuit of Smarter Contracts
Agiloft’s AI-driven platform helps enterprises unlock intelligence hidden inside contracts.
When No-Code Contract Lifecycle Management (CLM) Meets American Enterprise
In 1776, America was founded not just on a revolution, but on the written word. From the Declaration of Independence to the Constitution, agreements defined the nation’s commitments and made trust between people and institutions possible. That same principle has powered American commerce for 250 years — every deal, every partnership, every vendor relationship runs on a contract. And for most of that history, those contracts sat in file cabinets, spreadsheets, and emails, invisible to the organizations that signed them.
As the United States marks its 250th anniversary, Agiloft is being recognized for helping redefine how enterprises manage contracts in the digital era. The Silicon Valley company has focused on a problem many organizations still struggle to solve: contracts drive revenue, compliance, procurement, and risk, yet most companies lack visibility into what their agreements actually contain. According to World Commerce & Contracting, ineffective contract management costs organizations an average of 9.2% of annual revenue through missed renewals, untracked obligations, and pricing inconsistencies.
“Our industry is changing what was once a static stored document into a living system that helps companies adapt, change, and make better business decisions,” says Eric Laughlin, CEO at Agiloft. That transformation — turning contracts into intelligent business data — defines Agiloft’s approach to data-first contract lifecycle management (CLM).
Turning Contract Intelligence into a Competitive Advantage
“Contracts are so central to the way organizations function,” says Angel Lange, CFO of Agiloft. For enterprises managing thousands of agreements across legal, procurement, finance, and sales, those blind spots create operational and financial risk.
Agiloft addresses this through what it calls a data-first approach to CLM: turning agreements into structured, searchable, actionable data that flows across the entire enterprise. “We do that by turning contracts into data,” Laughlin explains. “That data can be moved into every system in the enterprise and can be used to make really critical business decisions.” The Agiloft platform connects contract data to over 1,000 business-critical systems without requiring custom code.
AI sits at the core of how Agiloft delivers on that promise. Agiloft embeds configurable AI throughout the contract lifecycle to summarize agreements, identify risks, and surface hidden obligations, with contract review cycle times reduced by up to 80%. “AI can now summarize and review contracts in seconds,” says Jason Barnwell, Chief Product Officer at Agiloft. “Human judgment remains central to decision-making, while AI does the deep research to surface that data.”
Unlike many vendors that layer AI on top of existing workflows, Agiloft builds intelligence directly into the platform with AI on the inside™. Its transparent, white-box approach enables teams to understand how the AI reaches its conclusions. “Contracts are based on trust,” added Barnwell, “and by operationalizing your contracts, you can focus on building the trust in the relationship with your supplier or your customer.”
The Future of Intelligent CLM
The company’s newest platform, Agiloft Astra, a contracts AI platform delivering contract intelligence directly to business users. Astra supports legal teams navigating AI governance, procurement teams managing tariff volatility, finance teams addressing pricing inconsistencies, and sales teams accelerating approvals. Available through a free tier with no procurement process required, the Astra Clean Data Promise ensures customer data is never used to train AI models.
The broader market is moving in the same direction. The CLM software market is valued at approximately $3.4 billion in 2026 and projected to reach $6.3 billion by 2031, driven by regulatory complexity, digital transformation, and growing demand for AI-powered contract intelligence. Barnwell adds, “We are going to be able to supercharge our practice and contribute to the businesses we serve in ways that we’ve just never seen before. I am just utterly excited and delighted by what is coming for my profession.”
The American spirit has always been defined by resilience and technological leadership. Today, leadership means using AI and data to transform how organizations operate, while preserving the judgment and trust only people can provide. By turning contracts into intelligence, Agiloft helps build the digital infrastructure behind faster decisions, stronger partnerships, and more adaptive businesses.
As America enters its next chapter, the future will belong to organizations that can turn data into action in real time. We are proud to help build that future.
To learn more about how Agiloft is redefining data-first CLM for the enterprise.
