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What is Workday CLM, powered by Evisort?

Workday Contract Lifecycle Management is a powerful AI-driven solution designed to transform how organizations manage contracts from creation to renewal. Leveraging Evisort AI technology, it provides comprehensive visibility and automation across every stage of the contract lifecycle. The platform streamlines intake, drafting, negotiation, approval, and storage through intelligent, end-to-end workflows. Automated redlining and clause libraries accelerate negotiations while ensuring consistency with legal standards. Customizable templates and self-service request capabilities empower business teams to generate contracts quickly and accurately. The “Ask AI” feature allows users to instantly analyze contract portfolios, identify risks, track obligations, and uncover untapped opportunities. Advanced dashboards and search functionality make reporting intuitive and highly configurable. Seamless integrations with Box, SharePoint, Salesforce, and other repositories ensure contracts and metadata remain synchronized across systems. Teams can collaborate in real time, manage version control, and coordinate approvals and e-signatures from a centralized workspace. Custom AI models adapt to organizational requirements, enhancing precision and scalability. By automating repetitive manual tasks, Workday CLM significantly reduces cycle times and administrative burden. Ultimately, the platform enables legal, procurement, and enterprise teams to contract faster, maintain compliance, and drive strategic growth with confidence.

What is ContractAI?

ContractAI utilizes advanced artificial intelligence to transform the contract management arena, significantly improving the ways in which contracts are analyzed, created, and negotiated. By automatically evaluating past contracts, it produces templates that incorporate terms beneficial to both parties. Its Analyzer tool leverages AI to define negotiation parameters, evaluate legal and compliance implications, identify intent behind obligations, and set acceptable limits, enabling users to make well-informed decisions in their contracting processes. Furthermore, ContractAI simplifies the traditionally cumbersome redlining phase by offering suppliers thoughtfully selected clause alternatives that promote win-win outcomes. This forward-thinking platform empowers businesses to refine negotiation terms grounded in historical data, effectively reducing the risks linked to unfavorable agreements. In addition, vendors can easily choose viable alternative terms, which leads to a significant reduction in legal and procedural costs associated with contracting while benefiting from an AI-based scoring system that enhances efficiency. This streamlined methodology not only improves individual negotiations but also cultivates a more cooperative atmosphere between all involved parties, ultimately boosting the overall success of contract management strategies. As such, ContractAI is paving the way for a future where contract processes are faster, more transparent, and more beneficial for everyone involved.

Media

Media

Integrations Supported

Adobe Acrobat Sign
Bchex
Box
Docusign
Dropbox
FMI Works
Gmail
Google Drive
Healthee
Microsoft OneDrive
Microsoft SharePoint
Salesforce
Workday HCM

Integrations Supported

Microsoft PowerPoint
Microsoft Word
SAP Store

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Workday

Date Founded

2005

Company Location

United States

Company Website

www.workday.com/en-us/products/contract-management/contract-lifecycle-management.html

Company Facts

Organization Name

App Orchid

Date Founded

2013

Company Location

United States

Company Website

contractai.apporchid.com

Categories and Features

Categories and Features

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