Last verified Oct 20, 2025
    How we verify

    Evisort

    Evisort powers Workday Contract Intelligence, which organizes contracts and extracts information for business and legal teams. It suits buyers that need a searchable contract repository and analysis across existing agreements. Evaluate it against your document types, review process, and integration requirements. Do not treat automated analysis as legal approval. A representative contract sample will reveal whether the proposed workflow meets your needs. [workday]

    Should you evaluate this tool?

    Evaluate Workday Contract Intelligence when contract analysis extends beyond collecting signatures. [workday]

    Selection advice reflects Chiri's assessment of cited vendor documentation. It does not reflect hands-on product testing.

    Who is this tool for?

    • Legal operations teams that analyze existing agreements. [workday]
    • Business teams that need contract information in one repository. [workday]

    Who should consider another tool?

    What does it cost?

    We did not verify a current price. Request a quote that separates document processing, integrations, implementation, and support. [workday]

    What should you check before purchase?

    • Test extraction against contracts with amendments and unusual clauses. [workday]
    • Keep a qualified reviewer responsible for contractual decisions. [workday]

    When should you choose an alternative?

    • HyperStart: Prefer HyperStart for an evaluation focused on creating, approving, signing, and tracking contracts in one documented workflow. [workday][hyperstart]
    • Docusign eSignature: Prefer Docusign eSignature when signature collection, rather than repository analysis, defines the requirement. [workday][docusign]

    When is this the wrong choice?

    Contract intelligence is the wrong purchase when a signing tool already meets the complete requirement. [workday][hyperstart][docusign]

    What else do buyers ask?

    How should buyers compare HyperStart and Evisort?

    Workday presents Evisort-powered contract intelligence around a shared repository and analysis. HyperStart documents creation, approval, signing, storage, and tracking. Compare both against the same contract sample and approval process. These product descriptions do not establish a universal winner or independently measured extraction accuracy. [workday][hyperstart]

    How did Chiri assess this tool?

    We compared public vendor documentation against the stated buying criteria. Vendor claims do not establish independent performance results.

    Each source shows its review date below. The full research record keeps its original date and content.

    We omit answers without sufficient evidence. We do not infer certifications, customer ratings, or prices from missing information.

    1. Workday Contract Intelligence Reviewed: .
    2. HyperStart contract management Reviewed: .
    3. Docusign eSignature plans Reviewed: .

    Need help evaluating and implementing AI tools?

    Compare your options with Chiri. We help you evaluate tools before implementation.

    Read the full research record
    Evisort logo

    Evisort

    Legal Tech, Contract Lifecycle Management (CLM), AI-Powered Document Intelligence

    Legal & ContractsAIIntelligenceCLMTech
    Function:Legal & Compliance
    Subfunction:Legal Operations
    Loading versions...
    Founded
    2016
    Employees
    251-500
    Funding
    $154.5M total
    Stage
    Acquired by Workday (September 2024); estimated revenue \~$42 million
    Report version: Oct 20, 2025

    1. Products/Services & Features

    • Main Offerings:

      • AI-Powered Contract Lifecycle Management Platform
      • Document X-Ray™ (Custom AI Data Extraction)
      • Contract Analytics and Reporting
    • Feature Breakdown: Contract analysis and extraction; AI-powered clause review and redlining; workflow automation; compliance tracking; risk identification; integration with enterprise systems; OCR for scanned documents; natural language querying (Ask AI); customizable dashboards; multi-department access (legal, procurement, finance, IT) (Departments: Legal, Procurement, Finance, IT, Compliance)

    • Business Industry Gearing: Software (28% of customers), Financial Services (14%), Oil & Energy (8%), Healthcare, Manufacturing, Technology

    2. Security & Compliance

    • Certifications: SOC 2 Type II (achieved 2019, maintained continuously), ISO 27001 (2022), ISO 27701 (2022), ISO 42001 (October 2024 - first AI-native CLM company to achieve this)

    • Vendors/Tools: Cloudflare, Amazon S3, TrustCloud (for ISO 42001 certification)

    • Risk Profile:

      • Breaches: No known public security breaches reported
      • Features: Enterprise-grade security with SOC 2 Type II and ISO 27001 certification; GDPR compliance; audit trails; privacy information management system (ISO 27701); responsible AI governance (ISO 42001)

    3. User Feedback & Adoption

    • Aggregated Reviews: G2: 4.7/5; Capterra: 4.8/5

      • Pros: Intuitive user interface and quick onboarding; strong generative AI capabilities for contract analysis; efficient contract repository and search functionality; responsive customer support (North America); high approval workflow ratings; industry-respected in legal and procurement sectors
      • Cons: Weak OCR/AI for low-quality or complex PDFs; limited customization for reporting and dashboards; challenging workflow automation setup with learning curve; support and training limited to North America and English; high, non-transparent pricing; pre-signature workflow limitations; not optimal for smaller businesses
    • Adoption Insights:

      • Adoption Ease: High - intuitive UI, quick onboarding, minimal training required for basic use; moderate complexity for advanced workflow customization
      • Adoption Cultural Fit: Best fit for enterprise organizations with mature legal and procurement operations; strong fit for companies managing high volumes of complex contracts; less ideal for SMBs or organizations requiring extensive customization
    • Metrics: High net-dollar retention rate (over 150%), indicating strong customer expansion and low churn; Gartner Peer Insights Customers' Choice recognition

    • Barriers: High cost and unclear pricing; limited global support (North America/English only); steep learning curve for workflow automation; OCR limitations requiring manual verification; pre-signature workflow gaps

    4. Monetization & Business Model

    • Revenue Model: SaaS subscription with enterprise custom pricing; annual contracts; multi-year commitments; pricing based on organization size, user count, contract volume, and required features

    • Pricing: Custom enterprise pricing (not publicly standardized); typical ACV in five to six-figure range per enterprise customer (Sources: Vendr, Hyperstart, company website (pricing available upon request))

    • Market Context:

      • TAM: Global contract lifecycle management market; estimated multi-billion dollar TAM across legal, procurement, finance, and compliance functions
      • Growth Stage: Growth stage; AI-powered CLM market expanding rapidly; Gartner Magic Quadrant Visionary (2024)

    5. Leadership & Recent Developments

    Name Description LinkedIn X Account
    Jerry Ting Co-Founder and Chief Executive Officer (CEO); founded Evisort while at Harvard Law School; previously worked as summer associate at Fried Frank; recognized AI innovator and keynote speaker https://www.linkedin.com/in/jerry-ting https://x.com/jerryting
    Amine Anoun Co-Founder and Chief Technology Officer (CTO); MIT graduate with expertise in machine learning and AI; Forbes 30 Under 30 (Law and Policy, 2019); leads technology and engineering vision https://www.linkedin.com/in/amine-anoun
    Jake Sussman Co-Founder, Chief Operating Officer (COO), and Chief Product Officer; previously Senior Director of Product Management at Warner Bros. Discovery; 20+ years in media and streaming; leads operations and product strategy https://www.linkedin.com/in/jake-sussman
    • Key Metrics Update:

      • Funding: Acquisition by Workday (September 2024); total funding raised: $154.5 million across Seed, Series A, Series B, Series C, and debt financing rounds
      • Employee Growth: Grew from startup to 251-500 employees; significant growth trajectory pre-acquisition
    • News/Trends:

      • News Launch: Document X-Ray™ launched January 2024; advanced AI orchestration introduced August 2024
      • News Partnerships: Microsoft Copilot and Teams integration (May 2024); Workday integration (September 2024 acquisition); TrustCloud partnership for ISO 42001 certification
      • News Funding: Workday acquisition announced September 2024; Series C led by TCV; Series B led by General Atlantic ($35 million, 2021)
      • News Challenges: Integration with Workday post-acquisition; expanding global support beyond North America; improving OCR accuracy for complex documents; addressing customization limitations

    6. Target Audience & Use Cases

    • Target Market: Mid-market to enterprise organizations; Fortune 500 companies; organizations managing high volumes of complex contracts

    • Target Users & Personas: Legal teams, procurement professionals, finance teams, IT departments, compliance officers, in-house counsel

    • User Experience Level: Intermediate to advanced; best suited for organizations with dedicated legal and procurement teams; requires some technical fluency for advanced features

    • Key Use Cases:

      • Enterprise contract review and risk identification - Legal teams use Evisort to analyze large contract volumes, identify high-risk clauses, and track compliance obligations automatically
      • Procurement and vendor management - Procurement teams leverage the platform for supplier contract tracking, spend monitoring, and obligation management across global operations
      • Financial compliance and revenue recognition - Finance teams use Evisort to monitor financial obligations, track revenue recognition terms, and ensure accounting compliance embedded in contracts

    7. Impact & Recommendations

    • Measurable Outcomes:

      • Workflow Improvements: Reduces contract review time by 65%; processes contracts 65% faster; 70% less outside legal spend; analyzes 450,000 contracts daily; reduces feature delivery timelines from 12 weeks to 3 weeks (for platform customers)
      • ROI Examples: 70% reduction in outside legal spend; 65% faster contract execution; 450,000 documents analyzed daily; customers report significant time savings on contract review and compliance tracking
    • Fit Assessment: Excellent fit for enterprise legal and procurement teams managing high-volume, complex contracts; strong fit for regulated industries requiring compliance tracking; less ideal for SMBs, organizations requiring extensive customization, or those needing global multilingual support

    • Custom Rec Flags:

      • Priority ICP: Fortune 500 enterprises; mid-market companies with 1,000+ employees; organizations generating $1B+ in revenue; companies managing 1,000+ contracts annually; regulated industries (financial services, healthcare, energy)
      • Short Term Goals: Expand Workday integration; improve OCR accuracy for complex PDFs; enhance global support capabilities; develop advanced workflow customization features; grow customer base in EMEA region

    8. Data Sourcing Notes

    • Other sources: Gartner Magic Quadrant for CLM (2024); Gartner Critical Capabilities Report for CLM (2024); Deloitte Technology Fast 500 (2023); Spend Matters 50 Providers to Watch; G2 and Capterra reviews