What is 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.
Features
- 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.
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.
