About

Evisort provides AI-powered contract analytics and lifecycle management services to help businesses manage their contracts more efficiently. The company's technology, trained on over 11 million contracts, allows it to analyze a vast amount of contract data with high accuracy, significantly speeding up contract search and review times by over 93%. Evisort serves a variety of clients, including sales operations directors, CFOs, and legal operations directors from different industries, enabling them to focus on closing deals instead of handling paperwork. Unlike traditional contract management solutions, Evisort's services also help clients identify contractual security risks and streamline vendor audits. The goal of Evisort is to protect and accelerate its clients' businesses by providing them with tools that enhance efficiency and reduce risk.

Simplify's Take

What believers are saying

• Evisort's recognition as a 'Top Performer' and inclusion in the Deloitte Technology Fast 500™ highlight its rapid growth and market acceptance.
• The launch of innovative features like Automated Redlining and Clause Creator demonstrates Evisort's commitment to reducing risk and increasing efficiency for its clients.
• Evisort's integration with ServiceNow Legal Service Delivery can streamline contract management processes, making it an attractive option for enterprises looking to automate and optimize workflows.

What critics are saying

• The partnership with Icertis, while unique, could lead to potential conflicts of interest and strategic misalignments.
• The competitive landscape in the CLM market is intense, with numerous players vying for market share, which could impact Evisort's growth.

What makes Evisort unique

• Evisort's AI technology, trained on over 11 million contracts, offers market-leading accuracy in contract analytics and lifecycle management, setting it apart from competitors.
• The company's recent launch of Document X-Ray(TM) provides unprecedented visibility into agreements, further enhancing its competitive edge.
• Evisort's strategic partnership with Icertis, a rival in the CLM space, is a unique move that could offer synergistic benefits and market differentiation.

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