Evisort acquired by workday

Evisort is a contract intelligence and contract lifecycle management solution designed to streamline and optimize contract-related processes. According to the vendor, Evisort is targeted at enterprise-level organizations across various professions and industries, including legal, procurement, operations, sales, and finance.

Key Features

Connect & Integrate: According to the vendor, Evisort offers pre-built connectors and an API to seamlessly sync contract data and harmonize business systems. It also provides single sign-on authentication for secure access provisioning.

Draft & Negotiate: Evisort facilitates streamlined contract drafting and reviewing processes through dynamic templates, automated workflow automation and approvals, collaboration across teams, and self-serve contract requests with AI-generated redlines, according to the vendor.

Analyze: According to the vendor, Evisort leverages AI to transform contracts into searchable data, track and identify critical clauses, provide intuitive search capabilities, and support OCR and AI for all types of documents.

Report: Evisort enables proactive tracking of key deadlines, obligations, and rights, elevates executive visibility through connected contract data reporting, offers real-time dashboards with actionable insights, and provides shareable reports for key stakeholders, according to the vendor.

Manage & Automate: The vendor claims that Evisort automates data extraction and organization-wide contract data connection, provides a secure and searchable repository for executed contracts, offers intuitive contract workflows, configurable contract workflow automation, and expedited implementation times for faster ROI.

Collaborate: Evisort facilitates the connection of contract data across systems, simplifies communication and collaboration on contract redlines, provides a documented audit trail, offers integrated contract lifecycle management tools, and ensures automatic version control and contract redlining, according to the vendor.