Agiloft, a trusted global leader in data-first contract lifecycle management (CLM) and a member of Oracle PartnerNetwork (OPN), today announced that it has been selected to join the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. With expertise in Oracle Fusion Cloud Application Suite integrations, Agiloft was selected based on its market leadership, high customer satisfaction and retention, and enterprise-scale, no-code, data-first CLM platform.
“By joining the Oracle ISV Accelerator, Agiloft can now help Oracle customers shorten time to revenue, accelerate contracting cycle time, manage commercial risk, and enable more rapid commercial decision-making,” said Prashant Dubey, Chief Strategy Officer and Head, Strategic Alliances at Agiloft. “Oracle Fusion Cloud Applications Suite is widely deployed and brings together critical enterprise business processes such as finance, procurement, human capital management, and sales and marketing.”
With many Agiloft customers already using Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), Oracle Fusion Cloud Human Capital Management (HCM), and Oracle Fusion Cloud Customer Experience (CX), Agiloft enables Oracle customers to bring the power of contracting workflows and data into their mission-critical processes and decisions.
The Agiloft-Oracle combination enables mutual customers to benefit from:
- Improved Efficiency: Organizations can streamline and automate all contracting-related processes from Legal, Procurement, Sales, Marketing, People Operations, and Finance, freeing departments from risky, inefficient, manual contracting processes.
- Risk Mitigation: A single source of truth of the organization’s contract data, integrated with other systems of record, enables organizations to proactively identify and mitigate risks associated with contracts and operations.
- Improved Decision-Making: Real-time insights derived from contract data and enterprise contracting workflows enable decision-makers to identify, pursue, and achieve outcomes at the speed of business.
- Scalability and Flexibility: Organizations can optimize their commercial activity through a contract lifecycle management platform recently identified by analyst MGI as a leading provider for Enterprises.
- Enterprise-Wide Approach to Digital Transformation & AI: Incorporating contract, contracting process, contract performance, and contracting decision support data into an organization’s overall data strategy results in a more holistic approach that enables a more effective, enterprise-wide approach to AI.
“Oracle and Agiloft work together to provide our mutual customers with innovative contract lifecycle management solutions,” said Dan Haller, Vice President, North American Applications Ecosystem, Oracle. “This collaboration with Agiloft is an example of how Oracle continues to lead the industry in enabling end-to-end workflows across mission-critical business processes in the enterprise. We’re excited to have them join the Oracle ISV Accelerator for SaaS Initiative."