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Evisort

AI-powered platform that automates contract management, analysis, and data extraction to streamline workflows and reduce legal risk for enterprises.

Pricing
Enterprise contract
Built for
Corporate legal departments
Funding
Series C
Team size
201-500
Founded
2016

Use cases

Contract draftingContract review/RedliningDocument summarizationDue diliganceKnowledge managementCompliance monitoringClient intake / triage

Practice areas

Corporate / M&ARegulatoryReal estateEmployment / labor

Company

Evisort is a company that provides AI-powered contract management solutions. Their platform uses artificial intelligence to automate the process of managing, analyzing, and extracting data from contracts and other legal documents. Evisort’s AI product is designed to help businesses streamline contract workflows, improve compliance, and gain insights from their legal documents without manual review. The target audience for Evisort’s solutions includes legal, procurement, finance, and operations teams in medium to large enterprises looking to enhance efficiency and reduce risk in contract management.

Use cases in depth

Evisort is an AI-powered contract lifecycle management (CLM) platform designed to automate contract analysis, risk identification, and obligation tracking for enterprises. Its main features and functions include: - AI-powered contract intelligence for centralizing and analyzing agreements - Automated contract discovery and analytics - Contract creation, recommendation, and precision search - Risk identification and obligation tracking - Real-time visibility into agreements and contract data - Automated workflows to eliminate manual tasks - Support for contract intake, storage, and lifecycle management - Integration with platforms like Workday for enhanced contract management - Use of natural language processing (NLP) to extract key terms from contracts - Streamlined document searches and process automation.

Practice area fit

Evisort primarily supports contract lifecycle management (CLM) and contract intelligence for a wide range of industries, with specific solutions highlighted for financial services and healthcare. It is not limited to a single legal practice area but is broadly applicable to any area that relies on contracts, such as Corporate/M&A, Regulatory, Real Estate, Employment, and more. The platform is used by legal, finance, sales, procurement, and IT teams. Key features and functions of Evisort include: - AI-powered contract analysis and lifecycle management - Proprietary large language model (LLM) built specifically for contracts - Automated risk identification and compliance alignment - Revenue and cost opportunity detection in contracts - Obligation tracking (e.g., auto-renewals, notification dates) - Custom AI model training for compliance needs - Document generation and workflow automation - Self-configurable workflows and user-friendly interface - Integration with business processes to drive ROI and reduce manual effort Evisort is recognized for its flexibility, adaptability, and ability to deliver significant ROI by automating and streamlining contract management processes.

Security & compliance

Evisort is covered under the following security and compliance certifications: - SOC 2 Type II - ISO 27001 - GDPR compliant There is no evidence from their official sources that Evisort is HIPAA or CCPA compliant.