Evisort Ranks Top for ROI and Innovation on Spend Matters SolutionMap for CLM Spring 2023
Spend Matters has released its 2023 Spring SolutionMap analysis, and Evisort has received top marks for ROI, innovation, and fast deployment for contract lifecycle management!
Built AI-first, Evisort uses contract-specific artificial intelligence designed entirely for contract language. Procurement, legal, IT, and other business professionals trust our CLM platform to manage their contracts and data while helping them remain agile with trainable AI as new challenges arise.
What Is the Spend Matters SolutionMap?
Each spring and fall, Spend Matters releases a resource that gives business leaders the specific insights they need to stay on top of the latest technological advancements within the industry.
Each SolutionMap reflects different organizational needs through buying personas and ranks a technology within the procurement and supply chain spectrum. To give the most holistic view of a solution, customer and analyst input are equally taken into account.
How Does Evisort Score?
Overall, Evisort ranked in the top 10 providers for CLM solutions and consistently received “Top” or “Above Benchmark” ratings for impactful categories including ROI, contract information management, and the ability to handle specific company needs.
When referencing the speed at which Evisort was able to be implemented, one customer commented, “A previous [competitor] contract management system was never deployed after two years! Evisort was giving us a return on capital after 30 days.”
Another customer cited our founders’ and sales teams’ backgrounds as an impressive perk. “Their sales staff are all law graduates and really understand the pressure on legal and procurement. The project went live in two weeks and paid for itself in one month.”
What Does This Mean for You?
As we continue to deliver AI-powered CLM, now including generative AI, Evisort gives procurement professionals the insights and capabilities to drive contract life cycles that support business agility and strategic advantage.
These SolutionMap results are a testament to what we already know: procurement needs to move fast as their teams are tasked with delivering higher value than ever before. Evisort empowers you to do so by:
- Centralizing contract data in a secure, single source of truth
- Improving risk management for multi-tier suppliers
- Reporting on key supplier data to elevate your impact
Learn more at SpendMatters.com, and access Evisort's procurement-specific solution assessments here.
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