CONTRACT MANAGEMENT SOFTWARE

Make contracts a strategic advantage

Contracts are the lifeblood of business. Take control of your contract data to minimise risk and drive results across every part of your organisation – including procurement, finance, sales, HR, M&A, IT and more.

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The world’s leading organisations move forever forward with Workday. All Customer Stories

WHAT SETS US APART

Act with confidence – and intelligence

With contract lifecycle management from Workday, you get the insights, connectivity and automation you need to deliver great outcomes.

Know everything about your contracts

Get total visibility into your contracts as well as powerful insights – ready to present and share – with AI-native contract intelligence.

Get business done faster

Simplify complex contract processes with AI-powered workflows and drafting tools that help you enhance responsiveness and avoid bottlenecks.

Safeguard your organisation

Streamline audits and ensure contract terms are compliant with evolving regulations and policies to minimise organisational exposure.

Improve your bottom line

Find untapped revenue, unused benefits and cost-saving opportunities in supplier and other agreements.

Manage your commitments

Stay on top of important obligations and deadlines to avoid surprise expirations, unwanted auto-renewals and non-compliance.

WHAT YOU CAN DO

Supercharge your process with Workday, powered by Evisort AI

Keep track of every term

Easily create custom AI models to track everything your organisation cares about.

Unlock insights

Be up and running with a complete, intelligent contract repository in days, not months.

Eliminate manual tasks

Automate your contract lifecycle to reduce errors, accelerate approvals and ensure language is always compliant.

Create value, responsibly

Trust your sensitive contract data with our responsible AI safeguards backed by ISO 42001, 27001, and 27701 certifications.

“Workday has leapfrogged the contract lifecycle management space with next-generation contract AI, powered by Evisort. It’s the fastest to deploy, most field-tested, most secure solution in the market.”

– Managing Partner

PROVEN RESULTS

Exceptional results. Exceptionally fast.

70%

reduction in outside legal spend¹

65%

reduction in contract execution time¹

450,000

documents can be analysed in 24 hours¹

21

days per deployment on average¹

1. Based on select customer stories.
2. Based on average results from Workday Contract Intelligence.

FREQUENTLY ASKED QUESTIONS

Contract management FAQs

CLM software enables organisations to draft, negotiate and manage contracts. Our solutions expand upon traditional CLM with advanced contract intelligence (CI), which uses AI to track and visualise key business data in agreements.

We offer Workday Contract Lifecycle Management and Workday Contract Intelligence, powered by Evisort AI. Workday Contract Lifecycle Management encompasses all the advanced AI capabilities of Workday Contract Intelligence but includes additional workflow solutions to manage requests for new contracts, as well as processes for approvals, negotiating and executing agreements.

Yes, many companies have legacy CLM software that doesn’t offer AI capabilities. If you want structured data about your contracts and dynamic dashboards that stem from this data, adding Workday Contract Intelligence on top of your contract lifecycle management tool can be an easy solution.

Yes, Workday Contract Lifecycle Management has native integrations with e-signature tools such as Adobe Sign and Docusign, and document repositories such as SharePoint, Box and Google Drive as well as CRMs such as Salesforce. E-signature tools, document repositories and CRMs that do not have native integrations can be connected via our robust RestAPI.

Implementation takes 21 days on average for Workday Contract Intelligence. And our contract AI can analyse 450,000 documents in just 24 hours, bringing deep visibility to even large repositories of agreements quickly and reliably.