AI-powered Contract Management Software | Evisort

Evisort empowers enterprises and growing companies alike to transform their businesses with AI-powered Contract Lifecycle Management and Analysis software.

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AI-powered Contract Management Software | Evisort

Introduction

What is Evisort?

Evisort is an AI-powered contract management software platform that helps businesses streamline and automate their contract lifecycle management processes. It uses artificial intelligence and machine learning to analyze, organize, and extract key information from contracts and other legal documents.

Key Features of Evisort

  • AI-powered contract analysis and data extraction
  • End-to-end contract lifecycle management
  • Custom AI model training capabilities
  • Integration with other business systems like Salesforce, SAP Ariba, etc.
  • Automated workflows for contract drafting, editing, negotiation
  • Advanced search and filtering of contract data
  • Risk identification and compliance tracking
  • Opportunity spotting in existing contracts
  • Obligation management and auto-renewal tracking

How Evisort Works

  1. Contract ingestion: Evisort can ingest and analyze large volumes of contracts quickly using its AI engine.

  2. Data extraction: The AI automatically extracts key data points, clauses, and metadata from contracts.

  3. Analysis and insights: Evisort provides analytics dashboards and reports to surface risks, opportunities, and actionable insights from contract data.

  4. Workflow automation: It streamlines contract workflows from drafting to approval with AI-powered tools.

  5. Integration: Evisort connects with other business systems to sync contract data across the organization.

Pricing

Evisort does not publicly disclose pricing information. As an enterprise software solution, pricing is likely customized based on factors like company size, contract volume, and specific needs. Interested companies need to contact Evisort for a custom quote.

Helpful Tips for Using Evisort

  • Take advantage of the custom AI model training to tailor the system to your specific contract types and needs
  • Integrate Evisort with your existing document storage and business systems for maximum efficiency
  • Use the advanced search and filtering to quickly find relevant contracts and clauses
  • Leverage the automated risk identification to improve compliance and reduce exposure
  • Set up automated alerts for key dates, renewals, and obligations to stay on top of contract management

Frequently Asked Questions

  1. Is Evisort suitable for small businesses? Evisort is primarily designed for mid-size to large enterprises with high contract volumes. Small businesses may find more suitable options with simpler contract management tools.

  2. Can Evisort handle multiple languages? Yes, Evisort's AI can analyze contracts in multiple languages, though you should check with them for specific language support.

  3. How secure is the data stored in Evisort? Evisort emphasizes data security and compliance, using encryption and following industry best practices. However, specific security measures should be discussed with their team.

  4. Can Evisort integrate with e-signature platforms? Yes, Evisort offers integrations with popular e-signature solutions to enable seamless contract execution.

  5. How long does it take to implement Evisort? Implementation time can vary based on the complexity of your contract ecosystem and integrations needed. Some customers report being up and running within weeks, while more complex deployments may take longer.