About Evisort
Evisort is a contract lifecycle management software from Workday Contract Management Suite that enables enterprises and growing companies with AI-powered contract analysis. It provides contract creation, data extraction, and compliance monitoring so businesses can manage contracts more effectively. The platform utilizes advanced AI technology to analyze and categorize contracts, making it easier for users to gain insights and ensure compliance. Evisort also offers reliable integration capabilities with existing systems and a user-friendly interface to facilitate easy adoption. Key capabilities: contract creation data extraction compliance monitoring advanced analytics system integration Best for: enterprises and growing companies that need efficient contract management and analysis.
Evisort by Workday is a powerful contract management suite designed to streamline contract lifecycle management through AI-driven automation. It is built to help organizations manage contracts efficiently, ensuring compliance, reducing risks, and improving operational workflows. The software leverages artificial intelligence to extract key data points from contracts, enabling users to analyze, track, and manage agreements with ease. With its advanced analytics and automation capabilities, Evisort simplifies contract creation, negotiation, execution, and renewal processes, making it a valuable tool for legal, procurement, finance, and sales teams. The user interface of Evisort is intuitive and well-organized, allowing users to navigate seamlessly through various contract management functions. The dashboard provides a clear overview of contract statuses, upcoming deadlines, and key metrics, ensuring that users can quickly access critical information. The design is modern and user-friendly, with drag-and-drop functionality and customizable workflows that enhance usability. The search and filtering capabilities are robust, enabling users to locate specific contracts or clauses effortlessly. Additionally, the AI-powered contract tagging and categorization features make document management more efficient, reducing the time spent on manual data entry.
Pros & Cons
- +1. Evisort determines the "effective notification date" for timely contract actions.
- +2. The software offers a fast setup process, providing value and ROI quickly.
- +3. AI within Evisort efficiently finds key terms in contracts, saving user time.
- +4. Evisort provides a user-friendly and easy-to-use interface compared to previous systems.
- −1. The AI cannot analyze information across multiple interrelated contracts.
- −2. AI results require manual double-checking as they are not 100% automatic.
- −3. The "Pre-signature" tool is not as robust as more mature solutions like Docusign CM.
- −4. Documents cannot be uploaded in bulk, requiring individual information entry.
Features
Key features
- 1. AI-Native Platform for End-to-End Contract Lifecycle Management
- Evisort offers a comprehensive platform built with AI at its core to manage contracts throughout their entire lifecycle, from creation to storage.
- 2. First Large Language Model (LLM) Built Specifically for Contracts
- Evisort boasts a unique LLM designed specifically for understanding and analyzing contract language, providing higher accuracy and deeper insights.
- 3. Automatic Risk Identification and Mitigation
- The software automatically identifies and helps fix risky language in contracts to ensure compliance with regulations and alignment with business goals.
- 4. Opportunity Detection in Contracts
- Evisort can find untapped revenue potential in customer contracts and cost-saving opportunities within vendor agreements.
- 5. Automated Tracking of Obligations and Key Dates
- The platform helps manage relationships by tracking obligations, deadlines, auto-renewals, and other critical notification dates.
- 6. Seamless Integration with Other Business Systems
- Evisort can connect with various platforms like Salesforce, SAP Ariba, Box, and Sharepoint to automatically ingest and analyze contracts at scale.
Additional features
- 1. AI-Native Platform for End-to-End Contract Lifecycle Management
- Evisort offers a comprehensive platform built with AI at its core to manage contracts throughout their entire lifecycle, from creation to storage.
- 2. First Large Language Model (LLM) Built Specifically for Contracts
- Evisort boasts a unique LLM designed specifically for understanding and analyzing contract language, providing higher accuracy and deeper insights.
- 3. Surface Risks
- The software can automatically identify and highlight potential risks within contract language.
- 4. Safeguard your business
- By identifying and fixing risky language, Evisort helps protect the business from potential liabilities and non-compliance.
- 5. Automatically identifying and fixing risky language
- The system can detect and suggest corrections for problematic clauses in contracts.
- 6. Align with regulations, strategic initiatives, and financial goals
- Evisort helps ensure contracts are in line with the company's overall objectives and legal requirements.
- 7. Spot opportunities
- The platform can identify potential benefits and advantages hidden within contract terms.
- 8. Enhance your finances
- By finding revenue potential and cost savings, Evisort can positively impact the company's financial performance.
- 9. Finding untapped revenue potential in your customer contracts
- The software can analyze customer agreements to identify upselling or cross-selling opportunities.
- 10. Cost savings hiding in your vendor agreements
- Evisort can help uncover areas where costs can be reduced in contracts with suppliers.
- 11. Track obligations
- The system allows users to monitor and manage the commitments made in contracts.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to Evisort
Definely Draft
Definely Draft is a drafting software from Definely that supports all stages of active drafting.…
Velocious Supplier Portal
Velocious Supplier Portal is a cloud-based software from Velocious that supports supplier management and communication.…
Integral-LIS
Integral-LIS is a laboratory information system software from ENKON Information Systems Inc. that supports laboratory…
About Evisort
Evisort is a contract lifecycle management software from Workday Contract Management Suite that enables enterprises and growing companies with AI-powered contract analysis. It provides contract creation, data extraction, and compliance monitoring so businesses can manage contracts more effectively. The platform utilizes advanced AI technology to analyze and categorize contracts, making it easier for users to gain insights and ensure compliance. Evisort also offers reliable integration capabilities with existing systems and a user-friendly interface to facilitate easy adoption. Key capabilities: contract creation data extraction compliance monitoring advanced analytics system integration Best for: enterprises and growing companies that need efficient contract management and analysis.
Evisort Details
Evisort's In-App Market Place
Does Evisort have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), SGD (S$)
Pros & Cons
- 1. Evisort determines the "effective notification date" for timely contract actions.
- 2. The software offers a fast setup process, providing value and ROI quickly.
- 3. AI within Evisort efficiently finds key terms in contracts, saving user time.
- 4. Evisort provides a user-friendly and easy-to-use interface compared to previous systems.
- 1. The AI cannot analyze information across multiple interrelated contracts.
- 2. AI results require manual double-checking as they are not 100% automatic.
- 3. The "Pre-signature" tool is not as robust as more mature solutions like Docusign CM.
- 4. Documents cannot be uploaded in bulk, requiring individual information entry.
Evisort's Support Options
Contact
(888) 384-7678Evisort's Alternatives
Definely Draft
Definely Draft is a drafting software from Definely that supports all stages of active drafting.…
Velocious Supplier Portal
Velocious Supplier Portal is a cloud-based software from Velocious that supports supplier management and communication.…
Integral-LIS
Integral-LIS is a laboratory information system software from ENKON Information Systems Inc. that supports laboratory…
