TrustRadius: an HG Insights company

Workday Contract Lifecycle Management, powered by Evisort AI

What is Workday Contract Lifecycle Management, powered by Evisort AI?

Workday Contract Lifecycle Management, powered by Evisort AI, streamlines end-to-end contract workflows. Its intelligent, AI-native contract repository can be up and running in days. It combines pre- trained and customizable AI with integrations and enterprise-grade governance.

Media

the Ask AI feature
automated redlining

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Evisort Review

Use Cases and Deployment Scope

I use it as a contract management and repository. Some of the problems this helps with is contract exposure, requirements and T&Cs tracking. I manage the Procurement side of the platform. Essentially, in the absence of a full vendor management platform, we use Evisort to help manage those relationships and responsibilities.

Pros

  • Houses Contracts centrally
  • Info display is pretty straight forward
  • Terms Search function is solid

Cons

  • Platform Implementation
  • AI intake of documents
  • How contracts are linked

Return on Investment

  • better Contract visibility
  • centralized ownership
  • contract alerts

Usability

Alternatives Considered

Adobe Acrobat Sign, DocuSign CLM and Coupa

Other Software Used

Smartsheet, Concur Invoice, Avalara