Core Insights - Evisort has been recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ for Contract Life Cycle Management (CLM) for the third consecutive year, highlighting its leadership in AI for contract management [1] - The company has achieved ISO 42001 certification for responsible AI development and use, emphasizing its commitment to ethical AI practices [1][2] - Evisort has introduced significant innovations, including a dedicated large language model (LLM) and features like Document X-Ray™ and Ask AI, aimed at enhancing document intelligence and business decision-making [2] Company Developments - Evisort's AI-native platform is trusted by hundreds of companies to provide visibility into contracts, helping to identify risks and financial opportunities [1] - The acquisition by Workday enhances Evisort's capabilities, allowing customers to leverage critical business data more effectively within a unified system [2] - Evisort's proprietary AI technology enables organizations to draft, manage, analyze, and optimize contracts more efficiently, transforming legal challenges into strategic opportunities [6]
Evisort Named a Visionary in 2024 Gartner® Magic Quadrant™ for Contract Life Cycle Management