Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Key Benefits:
- Quicker Revenue:
40% reduction in contract authoring time.
Quicker revenue realization (18% of sales cycle spent on contracting).
- Reduced Costs:
Reduction in revenue leakage – 9% of the bottom line.
Optimized spend & 10-12% reduction in expenses.
- Improved Compliance:
Reduced risk – 2% of annual costs.
Real-time contractual insights for improved compliance.
- End-to-end CLM platform:
One platform for legal, sales & procurement teams.
- Quick deployment:
Simplify contracts across the enterprise in just 3 months.
Features:
• Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach.
• Advanced Reporting
• Contract authoring and template & clause library management.
• AI-powered (NLP) contract analysis, metadata extraction, and search.
• Contract repository and document management.
• Contract collaboration and approval workflows.
• Contract milestone and obligation tracking.
• Contract renewal and expiration management.
• Centralized Desk and Controlled Access to data.
• Integration with other enterprise systems.
Description
Workday Contract Lifecycle Management (CLM), powered by Evisort AI, is a comprehensive platform that modernizes and accelerates the contracting process. It automates end-to-end workflows, enabling organizations to draft, negotiate, approve, and store contracts more efficiently. Built-in AI tools support automated redlining, clause management, and customizable contract templates to reduce review time. The “Ask AI” functionality allows users to instantly query contract data and surface risks, obligations, and opportunities. Advanced search capabilities and interactive dashboards provide deep visibility into contract performance and compliance. Seamless integrations with platforms such as Box, SharePoint, and Salesforce ensure data consistency across repositories. Teams can collaborate in real time, track version changes, and manage approvals from a single interface. Custom AI models adapt to specific business needs, enhancing flexibility and precision. By eliminating manual bottlenecks, the platform shortens contract cycles and improves operational reliability. Workday CLM empowers legal, procurement, and finance teams to contract faster while maintaining control and compliance.
API Access
Has API
API Access
Has API
Integrations
Adobe Acrobat Sign
Docusign
Salesforce
Box
Coupa
Dropbox
Gmail
Google Cloud Operations Suite
Google Drive
Google Workspace
Integrations
Adobe Acrobat Sign
Docusign
Salesforce
Box
Coupa
Dropbox
Gmail
Google Cloud Operations Suite
Google Drive
Google Workspace
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
SimpliContract
Founded
2020
Country
United States
Website
simplicontract.com
Vendor Details
Company Name
Workday
Founded
2005
Country
United States
Website
www.workday.com/en-us/products/contract-management/contract-lifecycle-management.html
Product 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
Product 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