Evisort Recognized as Market Leader in Fall 2021 Spend Matters SolutionMap for Procurement Technology Vendors

November 2, 2021

Evisort leads customer ratings across all procurement contract lifecycle management segments from small businesses to medium and large enterprises

SAN MATEO, Calif. - November 2, 2021 - Evisort, the leading provider of AI-powered contract intelligence and contract management solutions, has been announced as one of ten new vendors for the Spend Matters® Fall 2021 SolutionMap procurement technology benchmarking rankings.

SolutionMap ranks vendors based on the functionality and capability of their solutions, along with customer feedback. Known as the most rigorous, data-centric functionality assessment process in the industry, SolutionMap assesses several hundred data points across 10 technology categories to pinpoint the actual capabilities of each participating vendor. SolutionMap launched in 2017 and is updated and published every six months to accurately reflect solution updates.

The Fall 2021 SolutionMap recognizes Evisort as a market leader in contract lifecycle management. Evisort’s contract intelligence platform empowers procurement teams by digitizing the contracting process and transforming a company’s portfolio of contracts into actionable business data. The Evisort team is especially proud to note that across the small, mid-size, and large customer persona maps, Evisort consistently has the highest customer ratings in the category.

Evisort received both the highest customer score and the highest analyst score in the SME (rev. <$250M/year) category.

More than 220,000 procurement professionals have consulted the SolutionMap rankings, and the Evisort team is honored to be included in this influential list. This recognition follows Evisort’s inclusion in the Spend Matters “50 Providers to Watch” list for 2021. 

Evisort received the highest customer score in the mid-size (rev. $250M - $1B/year) category.

“We are very proud of being honored twice by Spend Matters, for both the ‘50 Providers to Watch’ list and the SolutionMap list,” said Jerry Ting, CEO and Co-Founder of Evisort. “Procurement and supply chain professionals are critically important to contracting, and they’re acutely aware of the importance of good data. They play a central role in managing contracts at enterprises, and they are experts at identifying and partnering with the best product and service providers. Evisort is dedicated to developing innovative solutions that help procurement clients quickly realize and maximize value from investing in our technology. We’re excited to continue to innovate in ways that benefit our customers, and we pride ourselves on providing the critical data and insights on which supply chain and procurement professionals rely for their success.”

Evisort received the highest customer score in the large (rev. > $1B/year) category. 

About Evisort

Founded in 2016 by Harvard Law and MIT alumni, Evisort is the leading provider of contract management and AI technology for legal, procurement, sales, finance, and IT teams. Evisort’s Contract Intelligence Platform delivers rapid ROI in 30 days by centralizing contracts with no migration, using AI to track and search metadata and provisions without manual data entry, and enabling teams to draft, redline, approve, sign, report on, and renew contracts. Evisort is headquartered in Silicon Valley and backed by leading strategic and institutional investors including General Atlantic, Vertex Ventures, M12 (Microsoft’s venture fund), Amity Ventures, Village Global, and Serra Ventures. Learn more by visiting the website and follow @Evisort on LinkedIn, Twitter, and Facebook.

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