SAN FRANCISCO, October 24, 2023 – Evisort, the leader in artificial intelligence (AI) for contract lifecycle management (CLM) and analysis, is proud to announce its inclusion in Spend Matters’ 2023 “50 Providers to Watch" list. Additionally, Evisort customer NetApp has been honored with the World Commerce and Contracting (WCC) award for Operational Improvement for a series of contracts-based projects leveraging the Evisort Contract Intelligence Platform.

Spend Matters is a leading source for procurement and supply chain technology intelligence. The “50 Providers to Watch" list recognizes the most innovative solutions driving significant impact in the procurement and supply chain space. Evisort's inclusion in this esteemed list reflects its commitment to empowering transformation and innovation in contract management, and follows the company’s recent announcement that it has created the industry’s first contract-specific LLM to power its generative AI engine. 

Evisort’s contract intelligence platform helps procurement teams secure and enforce beneficial terms, consolidate and control spend, and manage risk and compliance. Organizations also integrate Evisort with existing enterprise systems such as SAP Ariba, Coupa, and others to connect their AI-extracted contract data at all stages of the procure-to-pay process.

In yet another industry recognition, Evisort customer NetApp won the World Commerce and Contracting (WCC) award for Operational Improvement. The WCC awards celebrate organizations that demonstrate excellence in contracting, procurement, and commercial management. Supported by Evisort service partner KP Labs, NetApp used Evisort “on four complex contracts-based projects, dramatically reducing manual effort and cost, accelerating turnaround time, delivering consistently high quality, and making large projects more predictable.”

“Evisort has been instrumental in accelerating operations,” said NetApp Vice President, Strategy, Technology, and Operations. “One of the advantages of Evisort’s technology is that it’s so intuitive, the mindset shift happens painlessly and exponentially faster.”

"We are thrilled to be recognized by Spend Matters as one of the '50 to Watch' vendors, and even more excited to see our customer NetApp and partner KP Labs receive the WCC award for Operational Improvement," said Jerry Ting, Evisort Founder and CEO. "This recognition reflects the real-world impact Evisort has on legal and business operations, and underscores our determination to deliver unparalleled contract intelligence and process optimization.”

To learn more about the 50 Providers to Watch list and methodology, visit the Spend Matters website.

To learn more about Evisort, please visit the website or request a demo.

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About Spend Matters

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner.

About Evisort

Evisort is the leading transformative business solution for contract lifecycle management and analysis. Powered by proprietary artificial intelligence (AI) trained on 11M+ contracts and 1B+ data points, Evisort’s technology parses the nuanced context and meaning of legal language and helps operational teams scale faster, reduce costs, and deliver greater business impact. Evisort is the first AI-native CLM company to achieve ISO 27001 and 27701 certifications in addition to SOC 2 Type 2 certification. Headquartered in San Francisco, the company supports legal, finance, sales, procurement and IT organizations around the globe. For more information, visit www.evisort.com or connect with us on LinkedIn or X (Twitter).

Media Contact

Kimberly Dimicco

media@evisort.com

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