Evisort's blog focuses on the application of artificial intelligence in contract lifecycle management (CLM) and contract intelligence. It covers topics such as automating contract review and drafting, managing commercial contracts, identifying risks and opportunities within contract portfolios, and transforming contract repositories into searchable, AI-powered databases. The blog also discusses best practices for contract management, the impact of AI on legal operations, and insights into contract compliance and negotiation strategies. It serves legal, procurement, finance, and IT professionals by providing practical guidance on leveraging AI to streamline contract workflows and enhance business decision-making.
What is contract renewal?
One of the most important provisions in any contract is the contract period. Some contracts explicitly provide that they will remain in place indefinitely until either party decides to terminate the agreement. Many contracts, however, come…
What are procurement contracts?
Procurement contracts are commercial agreements for the sale of B2B (business to business) products or services. The good or service being sold is something that the buyer uses for its own business. It can be anything…
Contracts as data
Everybody knows that we’re in the era of Big Data. But what does that mean for business lawyers?
People in the business world often think of data as numbers in spreadsheets. However, all information regarding how a…
What is contract management software?
Contract management software digitizes the processes required for contract lifecycle management (“CLM”). Digital contract management solutions enable legal teams and procurement teams to create and manage contracts more efficiently and securely than outdated, manual processes.…
What does it mean for compliance officers concerned about environmental, social, and governance (“ESG”) standards to be able to turn contracts into data?
Sustainability is not a new concept, but it’s gaining momentum in the corporate world.
Following public outcry…
We’re happy to announce that Evisort has been ranked #25 on Growjo’s Top 100 List of the Fastest Growing Companies in Silicon Valley for 2021!
These rankings are based on various factors, including revenue growth, valuations, quality and quantity of…
It’s been almost a year since the Court of Justice of the European Union (“CJEU”) issued its decision in Data Protection Commissioner v. Facebook Ireland Ltd. (Schrems II) in July 2020, invalidating the EU-U.S. Privacy Shield Framework established in 2016.…
AI contracting platform to streamline client experience as part of bank’s digital innovation focus
SAN MATEO, Calif. — June 8, 2021 — Evisort, the intelligent contract management platform, today announced its role as a leading contract intelligence provider for…
There are those in the contract management market who argue that artificial intelligence won’t have a meaningful impact on what a business’s employees do from day to day. They say that all you need is basic contract lifecycle management (CLM)…
We’re happy to announce that we now offer direct integration with Adobe Sign in order to further streamline every step of preparation and finalization of contracts. You can go straight from drafting clauses in Evisort to signing the document in…
