tiktok˰

Agiloft vs Ironclad

What is tiktok˰?

tiktok˰ is a secure intelligent platform that streamlines contract drafting, reviewing, and editing with cutting-edge, AI-powered tools.

What is

Agiloft

?

Agiloft provides contract lifecycle management software with AI capabilities for contract review, risk scoring, and obligation tracking across enterprise organizations.

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What is

Ironclad

?

Ironclad is a digital contracting platform that automates contract workflows, from creation and negotiation to approval and storage, with built-in analytics and collaboration tools.

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CORE CAPABILITIES
tiktok˰
Agiloft
Ironclad
AI and Machine Learning Capabilities

✅ Lawyer-supported AI and ML at the core of the platform

✅ AI-based contract analysis and risk scoring, like Genie

✅ Uses AI and ML for contract data extraction and analysis

Contract Drafting

✅ AI-assisted contract drafting capabilities

✅ Supports contract drafting with clause libraries and templates

✅ Provides contract drafting capabilities, but may lack the AI-powered features of Genie

Contract Review

✅ AI-powered contract analysis with clause-specific risk assessments

✅ AI-powered contract review and risk analysis capabilities

✅ Automated contract review and analysis using AI

Document Assembly

✅ AI-powered document assembly

✅ Supports document assembly with clause libraries and templates

✅ Supports document assembly and clause libraries

AI Document Editing

✅ AI-powered document editing: Ask Genie to edit your styling, suggest new clause text, or analyze key clauses. Shows tracked changes, and is private per party. Genie assists with and automates entire workflows, not just producing text responses.

❌ No clear AI-powered document editing capabilities like Genie

❌ No mention of AI-powered document editing features like Genie

Legal Research Integration

❌ AI-powered legal research assistance available within the document editor, requiring specific prompts.

❌ No built-in legal research integration mentioned

❌ No built-in legal research capabilities, unlike Genie's top-level AI legal research

Negotiation Support

✅ Tools to support negotiation, including clause-by-clause editing and collaboration features.

✅ Collaboration tools to support contract negotiation process

✅ Offers tools for contract negotiation and redlining

Data Extraction and OCR

✅tiktok˰ offers OCR capabilities. ✅tiktok˰ offers data extraction through their API and integrations.

✅ Offers data extraction and OCR capabilities, unlike Genie

✅ Uses AI for data extraction from contracts

COLLABORATION & WORKFLOW
tiktok˰
Agiloft
Ironclad
Collaboration Tools

✅ Built-in real-time collaboration features just like Office365 or Google Docs (No need to download your red-lined version, and make it editable, then send it on - it's all doable within Genie)

✅ Offers collaboration features for contract negotiation and approval

✅ Offers collaboration features for contract negotiation and approval

Workflow and Approval Management

✅ Workflow automation

✅ Customizable workflow automation for contract processes, unlike Genie

✅ Customizable workflows for contract processes

Contract Management

✅ Manage your projects and organize your own template and clause library

✅ Robust contract management features across the contract lifecycle

✅ Comprehensive contract management features

Reporting and Analytics

✅ Company and user level reporting and analytics

✅ Comprehensive reporting and analytics features

✅ Provides contract performance metrics and analytics

LIBRARIES & TEMPLATES
tiktok˰
Agiloft
Ironclad
Private Clause Library

✅ Private clause library (usable only by your legal team)

✅ Supports private clause libraries for organizations

✅ Supports private clause libraries for organizations

Community Template Library

✅ Community template library available to create modular contracts

❌ No community template library mentioned, unlike Genie

❌ No information on a community template library, unlike Genie

Private Template Library

✅ Bring your own library of private templates usable only by your legal team, within Genie

✅ Supports private template libraries for organizations

✅ Allows creation of private template libraries

TECHNICAL ASPECTS
tiktok˰
Agiloft
Ironclad
Platform Type (Native vs Plugin)

✅ Cloud-based (SaaS)

✅ Offers both cloud-based and on-premises deployment options

✅ Cloud-based solution hosted on AWS

Microsoft Word Compatibility

✅ Import and export Word documents (.docx) with reasonable formatting fidelity. Some styling and complex formatting may not be perfectly preserved.

✅ Offers Microsoft Word integration and compatibility

✅ Offers Microsoft Word integration

Integration with Storage (Google Drive, Dropbox)

❌Coming soon (request this feature)

✅ Integrates with various file storage systems

✅ Integrates with Google Drive, Dropbox, and other storage platforms

Integration with Other Tools

❌ Integrates with Microsoft Word, allowing direct editing and collaboration within the platform.

✅ Extensive integration options with various business systems

✅ Integrates with popular business tools like Salesforce, Google Drive, and Dropbox

Complex Legal Styling and Formatting

✅ Full numbering support + AI auto-styling and formatting

❌ Limited information on advanced legal styling and formatting capabilities

❌ Limited information on advanced styling and formatting capabilities, unlike Genie

Security & compliance
tiktok˰
Agiloft
Ironclad
End-to-end Encryption

❌ End-to-end encryption and encryption at rest

✅ Offers end-to-end encryption and encryption at rest

✅ Employs industry-standard encryption methods

Security Certifications

✅ Compliant with ISO27001 and SOC2 Type 2

✅ Compliant with SOC 2, HIPAA, GDPR, unlike Genie's ISO27001 and SOC2

✅ SOC 2 Type II, HIPAA, and Privacy Shield compliant

Data Sovereignty & Privacy

✅ tiktok˰ prioritizes data sovereignty by not training its models on user data. However, data may be processed by third-party LLMs subject to their respective data handling policies.

❌ No clear information on data sovereignty practices

❌ No specific information on data sovereignty, unlike Genie

Authentication Methods

❌Multiple authentication options (coming soon) (request this feature)

✅ Supports SSO and multiple authentication methods

✅ Supports SSO and other authentication methods

Permissions & Access Control

✅ Granular access control features

✅ Granular permissions and access control features

✅ Offers role-based access control and permissions

Compliance Standards

✅ Compliant with GDPR and UK GDPR standards

✅ Compliant with major data privacy standards like GDPR

✅ Compliant with GDPR and CCPA

Customer Support Options

✅ Multiple support channels available (e.g., email, in-app messaging)

✅ Offers phone, email, and online support options

✅ Offers email, phone, and chat support, as well as a knowledge base

Onboarding Process

✅ For our custom plans, get setup within 3 days with a guided onboarding plan

✅ Provides implementation and onboarding services

✅ Offers implementation services and training, but may take longer than Genie's 3-day setup

Training & Resources

✅ 1-2 weeks from agreement to full implementation

PRICING & ROI
tiktok˰
Agiloft
Ironclad
Pricing Model

✅ tiktok˰ offers a range of subscription plans based on usage.

❌ Pricing not publicly available, estimated at $10,000+ per annual company license, following a multi-week discussion with their sales team

❌ Pricing not publicly available, estimated at $15,000+ per year for a basic license based on user reviews

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