IT Brief Australia - Technology news for CIOs & IT decision-makers
Digital contract analysis data protection lock magnifying glass

Agiloft launches free Astra AI for contract analysis

Wed, 29th Apr 2026 (Today)

Agiloft has launched Astra, an artificial intelligence platform for contract analysis with a free tier for legal, procurement, sales and finance teams.

The platform is designed to let organisations analyse agreements, identify risks and extract contract data without going through a procurement process or committing an initial budget. Astra is aimed at teams that have been held back from using contract AI tools by cost and concerns over data handling.

A central part of the launch is Agiloft's Astra Clean Data Promise. Under that policy, customer data in Astra is used only to provide the service and comply with applicable laws. The same data protections apply to free-tier users and paying customers.

Contract management software providers have increasingly applied generative AI and automation to legal and commercial workflows. The pitch is that large volumes of contract text can be turned into searchable information on obligations, pricing terms, renewal triggers and regulatory exposure, giving legal and business teams a faster way to review agreements and monitor risk.

Agiloft positions Astra for a range of business functions. For legal teams, the platform is intended to track exposure linked to changing rules in areas such as AI governance and data privacy. In procurement, it is designed to identify risks tied to tariffs, geopolitical disruption and supplier instability. For finance teams, the system is meant to surface pricing inconsistencies, missed discounts and revenue leakage. Sales teams are being offered automated review and redlining tools to shorten negotiations.

The launch also reflects a wider effort in the software market to lower the barrier to entry for AI products. Free tiers and usage-based pricing have become common in business software as vendors try to attract teams before expanding into larger paid deployments. In contract software, that approach may appeal to departments that want to test AI on a limited basis without waiting for a full buying cycle.

Otto Hanson, vice president of product and general manager of Astra at Agiloft, framed the launch around access.

"One of the biggest barriers to contract technology has always been access, and Astra is built to tear that down. Its power is not only in what it does, but also in who it makes you: a smarter, more strategic contract professional who can see patterns, anticipate outcomes, and negotiate smarter than ever before. With a free entry point, we are making that possible for any team, any organization - no lengthy procurement, no upfront investment, just contracts AI you can put to work from the moment you are inside the platform," said Hanson.

Market push

Astra includes AI agents and specialist-written playbooks to structure contract data analysis. Agiloft argues that this can help organisations reduce risk, improve compliance and respond more quickly to external disruption. Many software groups make similar claims for AI-led workflow tools, but buyers have remained cautious when sensitive legal and commercial information is involved.

That caution has made data governance central to product launches across the sector. Suppliers have faced growing scrutiny over whether customer information in free or trial products is used to train models, particularly when the material includes confidential commercial terms or personal data. Agiloft is seeking to set Astra apart by making data handling a headline feature of the launch.

Andy Wishart, chief product officer at Agiloft, said the product is intended to shift teams away from manual contract review.

"With Astra, we're transforming how teams understand and act on contracts. By turning agreements into actionable data, we reduce repetitive work, enable smarter decisions, and free teams to focus on high-value priorities that drive ROI," said Wishart.

Industry analysts have pointed to a gap between improvements in contract AI tools and broader corporate adoption. Patrick Reymann, research director, procurement applications and agents at IDC, said accessibility and governance have been among the main reasons uptake has lagged.

"Sophisticated contracts AI has improved significantly in recent years, but broader adoption has been limited by challenges around accessibility and governance. The downstream effect of those gaps shows up everywhere: in compliance exposures that go undetected, in revenue that quietly walks out the door, in negotiating teams that are outmatched before they sit down. The combination of an accessible entry point with data protection commitments that Agiloft Astra brings to market directly addresses the two barriers that matter most to legal, procurement, finance, and sales teams - and in an environment where regulatory complexity is accelerating, the timing could not be more relevant," said Reymann.

Astra is available through a free tier with usage-based credits.