Evisort
by Workday (Evisort) · Contract Lifecycle Management
AI-powered contract intelligence and CLM platform, now part of Workday.
- Works with
- Workday, Salesforce
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 2016
- Headquarters
- San Francisco, United States
Overview
Evisort is an AI-powered contract lifecycle management (CLM) and contract intelligence platform, founded in 2016 by Jerry Ting, Amine Anoun and Jake Sussman, who met at Harvard Law School and MIT. Evisort's machine learning models were trained to automatically extract clauses, terms, obligations and metadata from contracts and related documents, turning static legal text into structured, searchable business data. The company raised more than $150 million in venture funding and built a customer base that included Microsoft, BNY Mellon, NetApp, Vonage and Keller Williams before being acquired by Workday in September 2024.
Since the acquisition, Evisort's technology has been rebranded and folded into Workday's product line as Workday Contract Intelligence and Workday Contract Lifecycle Management (CLM), both "powered by Evisort AI." The evisort.com domain now redirects to Workday's contract management product pages. The platform covers the full contract lifecycle -- generation, drafting and redlining, negotiation, approval routing and e-signature, through to obligation tracking, renewal management and post-signature analytics -- and adds an "Ask AI" natural-language interface that lets users query contract repositories directly and get answers with source citations.
Workday positions Contract Intelligence and CLM as tools for legal, procurement, finance, sales, HR and M&A teams that need visibility into contract terms, obligations and risk across large repositories, and reports results such as a 21-day average deployment, up to 70% reduction in outside legal spend, and 65% reduction in contract execution time for customers.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Features & capabilities
Contract Intelligence & AI Search
AI extraction and natural-language querying across contract repositories.
- Ask AI natural-language search across contracts
- Automated clause and term extraction
- Custom AI models for tracking specific contract terms
- OCR for scanned and legacy documents
- Advanced search with configurable dashboards
Contract Drafting & Negotiation
Tools to generate, redline and negotiate agreements faster.
- AI-assisted contract drafting
- Automated redlining
- Clause library and customizable templates
- Version comparison during negotiation
Workflow & Approvals
Structured routing from intake through signature.
- Configurable approval workflows
- Contract intake and request forms
- E-signature coordination (DocuSign, Adobe Sign)
- Multi-stakeholder collaboration across legal, sales and procurement
Obligation & Risk Management
Post-signature tracking of commitments and exposure.
- Obligation and deadline tracking
- Auto-renewal and expiration alerts
- Risk identification across contract portfolios
- Compliance and audit reporting
Repository & Connectivity
Central contract repository connected to document and business systems.
- Centralized, searchable contract repository
- Native integrations with Box, SharePoint and Google Drive
- Salesforce integration for sales-driven contracts
- REST API for connecting additional enterprise systems
Common use cases
- Letting legal teams ask natural-language questions across thousands of contracts instead of manually searching documents
- Giving sales teams contract status and terms visibility directly from Salesforce
- Tracking renewal dates and auto-renewal clauses across a large contract portfolio to avoid missed deadlines
- Accelerating contract drafting and redlining with AI-generated clause suggestions
- Auditing vendor and supplier agreements for non-standard or high-risk terms
- Routing contracts through configurable multi-department approval workflows before signature
- Consolidating contracts scattered across SharePoint, Box and Google Drive into one searchable repository
Strengths & considerations
Strengths
- Backed by Workday's platform and go-to-market since the September 2024 acquisition, giving it direct distribution into Workday's existing enterprise customer base
- One of the earlier AI/ML-native CLM providers, with models trained specifically for contract clause and obligation extraction rather than generic document AI
- "Ask AI" natural-language interface returns sourced answers from within contract text rather than just keyword search results
- Recognized as a Visionary in the Gartner Magic Quadrant for CLM
ERP integrations
Evisort's contract intelligence and CLM are sold and delivered as Workday Contract Intelligence / Workday CLM, integrated into the Workday platform following the 2024 acquisition
Surfaces contract status, terms and documents inside Salesforce for sales teams
Pricing
Pricing is not publicly listed; Workday requires contacting sales for a quote for Contract Intelligence and CLM. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (multi-tenant)
About the vendor
- Founded
- 2016
- Headquarters
- San Francisco, United States
- Ownership
- Subsidiary of Workday (acquired September 2024)
Alternatives to Evisort in Contract Lifecycle Management
Evisort — frequently asked questions
Does Evisort integrate with Salesforce?
Yes. Evisort has a native Salesforce integration that surfaces contract status, terms and documents directly inside Salesforce, so sales teams can see contract information without leaving their CRM.
Is Evisort still a separate product, or is it part of Workday now?
Workday acquired Evisort in September 2024. The technology is now sold as Workday Contract Intelligence and Workday Contract Lifecycle Management (CLM), both described as "powered by Evisort AI," and the evisort.com website redirects to Workday's product pages.
How much does Evisort / Workday CLM cost?
Pricing is not publicly listed. Workday requires organizations to request a quote, with cost depending on modules, contract volume and deployment scope.
What does Evisort's AI actually do with my contracts?
It uses machine learning and OCR to automatically extract clauses, terms, obligations and metadata from contracts, and provides an 'Ask AI' natural-language search so users can query the contract repository and get answers with source citations.
Evaluating Contract Lifecycle Management?
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