Workday Launches AI-Powered Contract Intelligence and CLM with Evisort Integration
On March 27, 2025, Workday, Inc. announced that Evisort's AI-driven contract intelligence and lifecycle management tools are now integrated into its platform. The new offerings—Workday Contract Intelligence and Workday Contract Lifecycle Management (CLM)—are designed to transform contracts into strategic business assets by extracting insights, identifying obligations, and surfacing risks hidden within unstructured legal and financial documents.
These solutions aim to help organizations accelerate operations and reduce risk by enabling visibility across departments, from HR to procurement. Key features include natural language AI queries, real-time contract analysis, and automated workflows for drafting, redlining, and approvals.
Workday’s Contract Intelligence tools are already delivering results. NetApp reported saving thousands of hours and millions of dollars by using Workday’s AI extraction and automation technology. Workday CLM is also recognized for accelerating contract approvals and improving compliance.
Both solutions are now available to Workday Human Capital Management (HCM) and Financial Management customers.
2025-03-27
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