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 and ensuring supplier compliance. Reduce the need for extensive legal review during contract creation and negotiate better deals with legal-approved templates. Create automatic approval workflows with built-in collaboration tools; show accountability across teams like IT, finance, legal, and procurement; manage document versions; tie comments directly to the contract; and send alerts to manage accountability and eliminate human error.
AI-Enabled Search and Analyzer Tools Uncover Risk, Track Compliance, and Maximize the Bottom Line
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. Associate master agreements with related scopes of work, change orders, or other related documentation and amendments. Train any tagged clause or provisions with just a few examples to answer question like, “Show me all Automatic Renewal Notice of Termination Date.” Manage group purchasing for discounted prices. Benchmark how much you paid in the past to compare that with present and future costs. And rationalize and optimize the best vendor agreements when going through M&A.
Customizable Alerts to Stay Ahead of Notice Periods
Set up alerts to stay ahead of notice periods and never miss an auto-renewal, expiration, or rebate. Proactively renegotiate contracts for better terms and cost management. Quickly see all expiration dates from one dashboard.