Benefits for Legal Teams
Automate Contract Creation
Empower business partners to create self-service compliant contracts with minimal legal involvement.
Create Greater Efficiencies
Organize over 230 contract types including third-party paper and extract 50+ key clauses and data points.
Full Transparency and Visibility
Know immediately the status of a contract in the approval cycle and who still needs to approve.
Automate Contract Management
Automate report and clause tracking to get the broadest, most in-depth insights across all of your contracts.
Mitigate Risk
Ensure that you do what you are contractually required to do with obligation management and non-standard clause tracking and reporting.
Reduce Costs
Scale down the need to hire outside counsel and reduce vendor spend.
Self-Service Contract Creation and Automatic Workflows
Evisort contract creation and collaboration tools speed time to signature, getting your new contracts to work for you fast. Reduce the need for extensive legal review during contract creation, negotiation, and review with templates built on your approved terms and conditions. Create automatic approval workflows with built-in collaboration tools, manage document versions, tie comments directly to the contract, and send alerts to manage accountability and eliminate human error.
Integrations Sync All Contract Data to One Location
Evisort automatically syncs with a range of ERPs and CMSs to pull all of your contract data directly into one repository, giving you full visibility and accessibility. This enables you to quickly locate any document and search and analyze any query in seconds. Documents are owned and maintained in their original file structure — eliminating any disruption to individual business units’ document management systems.
AI-Enabled Analyzer and Search Tools to Uncover and Track Risk, Compliance, and Obligations
Automate search and analysis on more than 230 contract types, including third-party paper and on more than 50 provisions and metadata, including non-standard clauses. Evisort can associate master agreements with amendments and pull out clauses where there have been changes, such as to limitations and liabilities. In fact, you can train Evisort on any tagged clause or provisions with just a few examples to answer any question like, “Show me my data breach reporting requirements,” or to quickly run audit reports based on any CFO request. Evisort allows you to export custom clause reports to accelerate in-house and outside legal counsel review.
Customizable Alerts to Stay Ahead of Notice Periods
Set up alerts to actively renegotiate contracts for better terms and cost management. Quickly see all expiration dates from one dashboard.
“By automating and using Evisort AI, we are able to pull contracts from across the company to one centralized location and organize contracts for accurate, holistic reporting. Building on our pre-existing digital contract repository, their automated extraction and reporting of key terms and enablement of sophisticated analysis of contract terms has made my team tremendously more productive.”
John Lanius, SVP and General Counsel at Fujitsu Network Communications, Inc.
Resources
Microsoft Customer Success Story
Evisort Whitepaper: How to Build a Digital Contracting Center of Excellence
Evisort Whitepaper: Understanding AI And Machine Learning For Contract Lifecycle Management