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IntelAgree in 2024 Gartner Magic Quadrant for CLM

IntelAgree

IntelAgree, a leading AI-powered contract lifecycle management (CLM) platform, is proud to announce its first-time inclusion in the Gartner Magic Quadrant for Contract Lifecycle Management. We believe this recognition highlights IntelAgree’s rapid rise as a competitive player in the CLM space, providing a modern approach to contract management that transforms the way businesses operate.

A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors.  From our perspective, IntelAgree’s inclusion speaks to the impact of its AI-driven platform, which automates the entire contract lifecycle so teams can work faster, make smarter decisions, and close contracts with ease.

“Being recognized in the Gartner Magic Quadrant is a defining moment for IntelAgree,” said David Hull, CEO of IntelAgree. “We may be a young company, but we’re agile, we’re listening, and we’re laser-focused on building contract management solutions that accommodate all our customers’ needs. To us, this recognition from Gartner confirms what our customers have known from the start: that we’re not just another CLM platform, but a catalyst for smarter, more efficient contract management.”

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The Road to Recognition: How IntelAgree’s Features Set it Apart
IntelAgree‘s platform is known for its advanced AI-driven features, empowering users to reduce risks, boost productivity, and accelerate contract cycles. Key features include:

  • AI-Driven Contract Intelligence: Machine learning extracts actionable insights from contracts, identifying risks and opportunities, and allowing businesses to stay ahead of their contractual obligations.
  • Searchable Contract Repository: Enables granular and free-text searches across thousands of contracts, ensuring quick access to key information without losing track of critical documents.
  • Workflow Automation: Streamlines approvals with automated workflows and reminders, routing contracts to the right people at the right time to minimize delays and bottlenecks.
  • Customizable Dashboards: Offers a clear view of all active contracts, helping businesses ensure timely renewals, avoid penalties, and seize renegotiation opportunities.
  • Seamless Collaboration: Facilitates cross-departmental collaboration with clause libraries, native integrations, and add-ins for everyday tools like Microsoft Word and Outlook.
  • Saige Assist: Generative AI-powered contract copilot drafts, revises, and refines contracts, offering human-like assistance to ease negotiations and lighten legal workloads.

“In our opinion, this Gartner recognition is proof that you don’t need a long history to make a big impact,” added Hull. “We’ve never been held back by legacy thinking or outdated systems. Instead, we’re aiming to redefine what companies can expect from CLM software — and we’re just getting started.”

Source: PRNewswire