Evisort review 2026: AI contract lifecycle management platform, its Workday acquisition, features, pricing, pros/cons and top alternatives compared.
Category
Legal
Pricing
Custom / Enterprise, from Custom pricing (contact sales; increasingly bundled with Workday licensing)
Verified
Not yet
Last updated
July 18, 2026
Founded
2016
Headquarters
Boston, Massachusetts, USA (originally; now integrated into Workday)
Web AppFree TrialAPIAI
Overview
Evisort is an AI-powered contract lifecycle management platform that automatically extracts, organizes, and analyzes contract data, helping legal, procurement, and finance teams manage contracts from drafting through renewal and compliance.
Founded in 2016 by a Harvard Law and MIT-affiliated team, Evisort was acquired by Workday in a deal announced in September 2024, and its technology is now integrated into and rebranded as Workday Contract Intelligence and Workday CLM.
Key Features
The platform's AI model, trained on roughly 11 million contracts, extracts more than 230 data points from any uploaded contract — parties, dates, renewal terms, and key clauses — without manual tagging, claiming above 90 percent accuracy on standard clauses.
Beyond extraction, the platform provides an intelligent, searchable contract repository, automated obligation and renewal tracking, approval workflow automation, and risk-scoring dashboards for legal, procurement, and finance teams.
Pricing
Evisort has always used custom, quote-based enterprise pricing rather than published self-serve tiers, reflecting its positioning as an enterprise-grade CLM platform.
Since the September 2024 Workday acquisition, its capabilities are increasingly sold as part of Workday's broader HR and finance platform licensing rather than as a fully standalone product.
Key Features
AI contract data extraction — Extracts more than 230 data points from contracts automatically, trained on a corpus of roughly 11 million contracts.
Intelligent contract repository — Searchable repository organized by clause type, renewal date, counterparty, or any extracted data point.
Obligation and renewal tracking — Monitors contractual deadlines and triggers automated notifications ahead of renewal or termination windows.
Approval workflow automation — Automates drafting, redlining, and internal sign-off processes for contract review cycles.
Risk scoring and analytics — Dashboards that surface approval bottlenecks and flag contracts with unusual or high-risk terms.
E-signature and CRM integrations — Connects to tools like DocuSign and Salesforce to fit into existing contract execution and sales workflows.
Workday platform integration — Increasingly integrated natively into Workday's HR and finance modules as Workday Contract Intelligence.
Compliance audit trail — Provides an auditable record of contractual obligations and risk exposure for compliance teams.
Pros & Cons
Pros
AI extraction models trained on a very large proprietary contract dataset, giving strong out-of-the-box accuracy on standard clauses
Serves multiple functions (legal, procurement, finance, compliance) from a single contract data source
Now backed by Workday's scale, engineering resources, and enterprise customer base following the 2024 acquisition
Well-capitalized history ($155.6M raised) reflects sustained investment in its AI research and product depth
Cons
No public self-serve pricing; enterprise sales cycle required for a quote
Brand and product roadmap are being absorbed into Workday, creating uncertainty for customers who wanted a standalone best-of-breed CLM vendor
Best fit is likely narrowing toward existing or prospective Workday customers rather than organizations using other HR/finance platforms
Transition period following an acquisition can mean slower feature releases as products are integrated
No. Workday acquired Evisort in a deal announced in September 2024, and its technology is now being integrated into and rebranded within Workday's platform as Workday Contract Intelligence and Workday CLM.
What does Evisort's AI actually do?
Evisort's AI model, trained on roughly 11 million contracts, automatically extracts more than 230 data points from any uploaded contract, such as parties, dates, renewal terms, and key clauses, without manual tagging.
How much does Evisort cost?
Evisort has always used custom, quote-based enterprise pricing rather than published tiers, and since the Workday acquisition its capabilities are increasingly sold as part of Workday's broader platform licensing.
Who founded Evisort?
Evisort was founded in 2016 by Jerry Ting, Jake Sussman, and Amine Anoun, a team with roots in Harvard Law School and MIT, incubated in part through Harvard Innovation Labs.
What are the main alternatives to Evisort?
Competitors in the AI-powered contract lifecycle management space include Ironclad, ContractPodAi, Icertis, SirionLabs, and Agiloft.
Who should consider Evisort/Workday Contract Intelligence?
It is best suited for organizations already using or evaluating Workday for HR and finance that want native AI-powered contract intelligence, as well as legal, procurement, and finance teams managing large contract portfolios.