Agiloft Contract Lifecycle Management vs ThoughtRiver

Agiloft Contract Lifecycle Management manages contracts from request and creation through negotiation, approval, execution, obligations, and renewal. Teams can configure workflows, approvals, data models, and automations without code. The contract repository makes information searchable and reportable, including risks, revenue, and obligations. Agiloft Astra answers contract questions, compares language with organizational standards, extracts commitments, and triggers notifications and deadlines. The platform includes approval workflows, renewal tracking, templates, built-in e-signature, and API access. Agiloft lists more than 1,000 pre-built connectors, including Salesforce, SAP, Oracle, Slack, Microsoft Teams, Adobe Sign, DocuSign, Google Workspace, Word, and Outlook. It supports web and API access and both deployment options. The company states SOC 1, SOC 2, ISO 27001, and ISO 27701 certifications. Packages are Essentials, Advanced, and Premium, with prices available on request and no free plan. Agiloft recommends professional services or a certified partner for initial implementation. Support includes a 24/7 portal and business-hours phone service.

ThoughtRiver is an AI contract review tool for agreements reviewed before or after signing. Its Lexible LLM flags issues, obligations, and risks, while Playbooks check contracts against preset criteria and show which provisions are met or unmet. Teams can generate review output or redlines, and generative editing is designed to follow drafting style and negotiation guidelines. Contracts can be submitted by email, drag and drop, or the Word add-in; the platform works inside Outlook, Word, and Teams. Listed integrations include Microsoft 365, Power BI, HighQ, and iManage, and ThoughtRiver provides a public API following the OpenAPI Specification. It focuses on in-house teams and law firms processing over 200 agreements per year, while also supporting non-legal teams. ThoughtRiver lists no free plan and a 28-day trial. Monthly plans are 6.00 USD, 14.00 USD, and $49 a month; Professional starts at £15,000 a year and Enterprise at £30,000 a year.