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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 Ultria Orbit?

For more than a decade, the Ultria Team has dedicated itself to applying Practical Artificial Intelligence to improve Information Governance for prominent global businesses. The inception of Ultria's AI-focused strategy for contract management arose from the urgent needs of clients who handle upwards of one million contract line items each year, while others seek support in assessing supply chain risks or evaluating customer orders during mergers and acquisitions. As the regulatory environment becomes increasingly complex and geopolitical tensions evolve, there is a rising need for accurate metadata extraction, reliable clause matching, and thorough risk assessment. This pressing demand led to the creation of a specialized AI element within Ultria’s offerings. This component not only integrates effortlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also crafted to function independently for organizations that do not have a CLM system implemented yet. Ultria Orbit provides a strategic flexibility in its deployment, facilitating a smooth adaptation for companies to meet their unique contract management needs and challenges. By leveraging this pioneering solution, organizations can enhance their ability to handle the intricacies of contract management, ultimately leading to improved operational efficiency and precision in their processes. Consequently, Ultria stands as a beacon for businesses aiming to optimize their governance in the ever-evolving landscape of contract management.

Media

Media

Integrations Supported

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

Integrations Supported

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

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site 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

Ultria

Company Location

United States

Company Website

ultria.com/products/artificial-intelligence-powered-contract-management-ultria-orbit/

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

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