Evisort

By Evisort Inc.
Contract Lifecycle Management AI Contract Intelligence AI-Driven

Evisort uses AI to automatically read and understand contracts, extracting key data points (like dates, parties, values, specific clauses, obligations, risks) without manual tagging. This structured data populates a central repository, making contracts searchable and reportable. Evisort also provides CLM features to automate workflows like approvals, renewals, and obligation management. It aims to turn contracts from static documents into actionable business intelligence, integrating contract data across the enterprise. While strong in post-signature analysis, it has expanded its pre-signature capabilities.

Key Information

Pricing

Model: SaaS subscription, typically based on contract volume, features, and users. Requires custom quote.

Starting at: Not publicly disclosed; enterprise focus suggests significant investment.

Free Plan: Not Available

Trial: Not Available

Audience

Primary: Corporate Legal Departments, Procurement Teams, Sales Operations, Finance Teams.

Secondary: Law Firms (potentially for contract analysis projects).

Use Case

Centralizing and analyzing existing contract portfolios, automating contract lifecycle management (CLM).

Pros & Cons

Advantages

  • Powerful AI for data extraction saves significant manual effort
  • Provides deep visibility into contract portfolio
  • Automates workflows
  • Integrates with other business systems
  • Strong reporting capabilities.

Limitations

  • Can be complex to implement fully (integrations, workflows)
  • Primarily focused on enterprise clients (cost)
  • Effectiveness depends on the quality and type of contracts being analyzed.

AI Capabilities

  • Natural Language Processing (NLP)
  • Machine Learning (ML) for data extraction and clause recognition
  • Optical Character Recognition (OCR)
  • Potentially Generative AI for summarization or drafting assistance.

Integrations

  • Offers integrations with Salesforce
  • SAP Ariba
  • Oracle
  • Coupa
  • Microsoft Dynamics
  • Slack
  • SSO providers
  • Cloud storage (Box, Dropbox, etc.). Has an API.

Unique Features

  • Strong AI for automatic data extraction without manual setup/tagging ("zero-touch" approach)
  • Ability to analyze legacy contracts quickly
  • Integrated CLM and contract intelligence platform.
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Disclaimer: Information accuracy is not guaranteed. Always verify details directly with the provider and consult with qualified professionals before making decisions. This tool is not a substitute for legal advice.