Understanding the contract intelligence platform.
Unlock the power of your contracts with AI-native contract intelligence. Gain visibility into key terms, streamline compliance, and help turn agreements into strategic assets.
What is a contract intelligence platform?
Imagine having total visibility into the agreements that fuel your organization. That’s what AI-native contract intelligence can deliver.
Contracts are more than just a series of documents and agreements. They contain critical business data that shapes financial planning, risk management, and operational strategy. Without full visibility into contract terms, organizations may miss cost-saving opportunities, struggle with compliance, and face operational inefficiencies.
When teams can efficiently access key contract data, they can move faster, negotiate better, and more confidently plan for the future. For example, finance teams can quickly find details such as payment terms, renewal dates, compliance clauses, and financial commitments, saving hours of searching and allowing them to act with confidence. Legal teams can surface compliance clauses and renewal deadlines without manually reviewing stacks of agreements. Procurement gains full visibility into vendor contracts, ensuring stronger negotiations and better supplier relationships.
What is contract intelligence?
Contract intelligence uses AI to turn unstructured documents into structured, searchable data. Instead of treating contracts and agreements as static files, contract intelligence extracts and organizes contract terms, making it easy to identify obligations, risks, and opportunities across thousands of agreements.
AI-native contract intelligence helps organizations do more than just find contract terms. It enables teams to analyze contracts for potential risks, track compliance requirements, and surface key insights that inform business decisions.
What does a contract intelligence platform look like?
A contract intelligence platform helps enable organizations to extract and analyze contract data at scale, providing the insights needed to make informed business decisions.
A turnkey solution.
A true contract intelligence platform shouldn’t require months of setup or extensive training. Pretrained AI models work out of the box, automatically identifying key contract terms and provisions with high accuracy. The platform should also include intuitive, user-friendly tools that make it easy for teams to search contracts, customize workflows, and generate reports.
How to enhance search and analytics.
With AI-native search and filtering, teams can efficiently find the contract data they need, whether it’s renewal dates, compliance obligations, or financial commitments. Instead of manually reviewing hundreds or thousands of contracts, organizations can quickly surface risks and opportunities.
How to make integrations seamless.
A contract intelligence platform should work within the tools businesses already use. Workday Contract Intelligence integrates with systems such as Box, Google Drive, Salesforce, Dropbox, and SharePoint, helping to make contract data accessible and up-to-date across departments.
Next-level contract management.
Every contract holds valuable business data—if you can access it. Workday Contract Intelligence powered by Evisort AI helps organizations cut through complexity, providing visibility into obligations, risks, and opportunities.
Learn more about the power of Workday Contract Intelligence.
This content is provided for general informational purposes only and does not constitute legal advice. While it reflects common industry definitions, Workday’s contractual approach may vary depending on specific customer relationships and governing terms.