Agiloft Acquires Screens to Deliver AI-Powered Contract Review for Data-first Contract Lifecycle Management | PR Newswire [Video]

Screens’ AI contract review technology to streamline redlining, standardize compliance, and drive efficiency for legal and contracting teams

, /PRNewswire/ — Agiloft, the leader in data-first contract lifecycle management (CLM), announced today the acquisition of Screens, the world’s first standard-based and community-supported Generative AI contract review and redlining solution. This strategic acquisition will enhance Agiloft’s Data-first Agreement Platform and contract management capabilities, by standardizing the contract review process, promoting consistency, and unlocking the value of contract data with the collective expertise of a global community of legal professionals.

With Agiloft and Screens’ data-driven contract standardization solutions, legal teams will be able to utilize AI-powered capabilities to consistently review and mark up documents faster than ever before, allowing those teams to leverage:

• Standards-based reviews and redlining: Using an easily-configurable playbook (a Screen), customers can rapidly assess whether a contract, and its constituent parts, meet pre-defined internal standards, and receive GenAI-driven suggestions to shift …