Evisort vs ContractWorks Detailed comparison features, price

Evisort

Evisort provides an advanced, AI-powered solution for comprehensive contract lifecycle management (CLM). Positioned as an AI-native platform, it assists businesses throughout the entire contracting process, from drafting and negotiation to analysis, reporting, management, automation, and collaboration. The platform is built upon a proprietary AI engine, which includes the first large language model developed specifically for contracts, ensuring high accuracy and relevance in contract intelligence.

By integrating Evisort, organizations can gain deeper insights into their contracts, enabling them to surface risks, identify opportunities for revenue enhancement or cost savings, and track obligations effectively. It automates various aspects of contract handling, connecting with existing business systems like Salesforce and SAP Ariba to ingest and analyze contracts at scale. This facilitates improved compliance, accelerates deal cycles, and reduces manual effort across legal, procurement, sales, finance, and IT departments.

ContractWorks

ContractWorks is a comprehensive contract lifecycle management (CLM) software designed to centralize, automate, and streamline contract processes for organizations. The platform leverages advanced AI technologies, including GPT-3 and robust OCR, to accelerate contract drafting, enable instant search and review of contract terms, and simplify complex legal language for greater efficiency.

Suitable for a wide range of industries and departments, ContractWorks provides secure document storage, automated alerts, collaborative editing with Word compatibility, and scalable workflows. With built-in electronic signatures, customizable reports, and permission-based access control, it empowers legal, finance, HR, and sales teams to manage contracts with improved compliance, transparency, and speed from a single easy-to-use interface.

Pricing

Evisort Pricing

Contact for Pricing

Evisort offers Contact for Pricing pricing .

ContractWorks Pricing

Free Trial

ContractWorks offers Free Trial pricing .

Features

Evisort

Evisort AI Engine: Proprietary AI designed for comprehensive contract analysis and management.
Customizable AI: Allows teams to train AI models for specific compliance needs and changing requirements.
End-to-End CLM: Covers all stages including drafting, negotiation, analysis, reporting, management, and automation.
Workflow Automation: Streamlines contract processes like ticketing, editing, negotiation, and storage.
Risk Analysis & Automated Redlining: Automatically identifies risky language and suggests fixes.
Integrations: Connects with hundreds of systems including Salesforce, SAP Ariba, Box, and Sharepoint.
Contract Intelligence: Surfaces risks, opportunities, and actionable insights through dashboards and advanced search.
Conversational AI Experience: Enables users to ask natural language questions across their entire contract portfolio.

ContractWorks

Centralized Contract Repository: Secure single location for storing and organizing contracts.
AI-Powered Search & OCR: Rapidly locate contracts, clauses, and terms using artificial intelligence.
GPT-3 Clause Creation: Generate new contract clauses and simplify complex legal language with GPT-3 AI.
Dynamic Drafting Templates: Create any type of contract in minutes via interactive templates.
Collaborative 2-Way Editor: Redline and edit contracts with compatibility for MS Word.
Automated Approval Workflows: Streamline and accelerate contract reviews and approvals.
Built-in Electronic Signatures: Legally sign and manage agreements from anywhere.
Customizable Reports & Alerts: Schedule reports and receive notifications on key dates and milestones.
Permission-Based User Roles: Control access and visibility with role-based permissions.
24/7 Support: Around-the-clock customer support for all users.

Use Cases

Evisort Use Cases

Automating contract compliance processes.
Accelerating deal closure timelines.
Streamlining vendor management and agreement tracking.
Enhancing privacy and regulatory compliance.
Facilitating due diligence in M&A and corporate transactions.
Identifying untapped revenue potential in customer contracts.
Discovering cost-saving opportunities in vendor agreements.
Centralizing and analyzing contract data across the enterprise.
Reducing manual effort in contract review and management.

ContractWorks Use Cases

Automating contract drafting and approval for legal teams.
Managing contract renewals and compliance in healthcare organizations.
Streamlining vendor agreement workflows for procurement managers.
Centralizing sales agreements and accelerating deal closures.
Enabling collaborative contract negotiations with internal and external stakeholders.
Improving audit readiness with secure, permission-based contract access.