The CLM market is dense and dynamic. Many CLM providers have expanded capabilities to include departmental niches like legal, procurement, sales, finance, IT, and industrial niches like healthcare, finance, and so on. With an increasing number of category-definers, it’s evident that the one-size-fits-all approaches do not suffice.
If you’ve experienced these challenges first-hand with Evisort, this blog is for you. To support your research further, we’ve listed out Evisort’s strengths and weaknesses on industry parameters and compared them with top 5 other alternatives.
Let’s get started.
Why consider Evisort alternatives
Evisort has been named a Visionary in Gartner’s CLM Magic for two years in a row. It has 300 live customers with the largest user base in the legal sector, then procurement. Purpose-built for midsize and enterprise organizations, a majority of its customers are in finance, healthcare/life sciences, and technology.
Evisort’s Strengths | Evisort’s Weaknesses |
AI contract analysis to review and negotiate. | Weak OCR and AI engine and inadequate reports and dashboards. |
Generative AI to create, recommend, and redline. | Support in North America and in English only. |
Commendable customer experience. | Inflexible to the needs of smaller organizations. |
Easy to learn, adopt, and navigate. | Clunky smart imports and presignature workflows. |
Popular with enterprises like Microsoft, Western Union, and Workday. | Inefficient contract organization and interlinking. |
Read more on Evisort’s pricing here.
Let’s dive in to evaluate Evisort reviews from real customers on Gartner and G2.
I think the contract limit numbers are a bit low given the price of the product. I would have expected a bit more capacity for the price.
Reports and dashboards are not customizable. There are workarounds like creating custom searches and lists, but generating custom reports would be a really nice feature.
Workflow creation is not as intuitive as some platforms (definite learning curve). Limits on integration with other platforms/services. Word processing capabilities (difficult to do complex editing and redlining).
Evisort functionality could stand to improve their artificial intelligence when it comes to pulling some of the more complex provisions with nuanced timelines, such as the terms of a lease extension.
OCR struggles to pick up information on low-quality PDFs.
If this rings true, read on for a more comprehensive analysis of how growing organizations like yours.
Want a Better Evisort Alternative?
Find out how HyperStart CLM streamlines your contract management with personalized solutions that enhance productivity.
Top 5 Evisort Competitors to Consider
At HyperStart, we keep our ears close to the ground. We have reviewed demos of the top 25 CLM platforms and conducted social listening analysis on review websites like Gartner, G2, and Capterra. Our approach combines the best of third-party data and first-hand insights to complement our research. The qualitative and organic nature of this blog is best suited to aid your research not replace it.
1. HyperStart CLM
HyperStart CLM is a HyperVerge product developed with insights from over 150 legal professionals. It is a comprehensive contract lifecycle management solution purpose-built for small and mid-size companies. Its advanced AI capabilities with 99% accuracy facilitate reviews, storage, tracking, and management of contracts in a single unified platform. The product team sets up the repository at a record speed of 5 – 7 days and implements custom workflows in 2 – 3 weeks.
HyperStart is AICPA SOC2 compliant and holds ISO 2701:2013 and ISO 27018 certifications to offer robust security for your contracts with frictionless integrations to all popular CRM, document management, and electronic contract signing systems.
Key features of HyperStart
Contract creation: Draft contracts in 2 minutes with no-code templates.
Contract approval workflows: Configure compliant self-serve workflows for 5x faster turnaround times.
Negotiation: AI-redline and review contracts for 75% faster deal closures.
eSignature: Collect legally binding signatures with hand-drawn, OTP-based, and eSignature integration options.
Contract repository: Organize all contracts everywhere and access them with AI filters.
Tracking: Proactively watch contracts with obligations tracking, auto-extraction, alert mechanisms, and contract intelligence.
In-flight: Gain insight into CLM processes with metrics like turns taken, review time, and contract status at every contracting step. Optimize for efficiency.
HyperStart CLM’s Strengths | HyperStart CLM’s Weaknesses |
Automated metadata extraction with 99% accuracy. | Limited but robust pool of integrations; users can reach out for specific requests. |
Seamlessly integrate with CRM, ERP, and other business systems for collaboration. | |
Gold standard AI models processing over 1 billion documents. |
Highlights of HyperStart CLM
5x
Faster Review and Signing
80%
Less Contract Admin Time
75%
Faster ROI Realization
2. Ironclad
Ironclad is a leader in Gartner’s Magic Quadrant and serves 1400+ customers with an even mix of user types across sales, procurement, and legal from midsize and enterprise market companies. It caters to the top three industry verticals in technology, business services, and manufacturing companies primarily.
The platform is SOC2 Type II certified and compliant with ISO 27017 and 27018 standards. You may expect updates on capabilities like AI-powered intake, obligation management, and AI clause detection based on negotiation changes on the product roadmap ahead.
Key features of Ironclad
- Workflow Designer: A drag-and-drop contract creation tool that simplifies the initiation and modification of workflows while centralizing contract intake, review, and approval.
- Editor: This tool enables drafting, editing, redlining, and collaboration on contracts in formats like Word, and PDF with robust version control and tracking.
- Repository: Offers a central searchable database to manage contracts with smart tags that make retrieval easy.
- Insights: Offers contract intelligence and insights from metadata to track obligations, reduce costs, and mitigate risks.
- Clickwrap: Besides Ironclad’s native eSignature and integration options, Clickwrap facilitates the collection of legally binding signatures safely and in a single click.
Pros | Cons |
It supports a broad set of contract types across sales, legal, finance, marketing, HR, and product teams with an enterprise focus. | Ironclad’s geographic focus is heavily concentrated in the US. |
AI-Assisted Negotiations and genAI-based Suggestions offer contract efficiency. | The platform’s contract permissions and access controls are limited at the contract level. |
Chief Community Officer leading a 2000+ member community. | The support team is available only in US business hours and in English only. |
Read more on Ironclad competitors.
3. Docusign CLM
Recognized as a Leader in the Magic Quadrant, Docusign has 1800+ customers using its recently launched CLM solution assuming a lot of its old customers have upgraded. The primary users are in sales and legal, followed by procurement teams. The user base is split between midsize and large enterprises with a niche focus on high-tech, healthcare, and banking.
Despite the acquisitions (most significant being those of Lexion, Seal Software, and SpringCLM), Docusign seems to have accidentally created friction at different contracting stages. The future developments will be focused on AI enhancement, buy-side support, and improved search and reporting.
Key features of Docusign
- Docusign Maestro: A pre-signature workflow solution that helps easily build and deploy custom no-code workflows.
- Docusign Navigator: A secure contract repository that surfaces key contract data with permission controls and user access.
- Docusign AI: The automation and intelligence solutions embedded along the contracting lifecycle from negotiations to process metrics and obligations management.
Pros | Cons |
Pioneer of e-signature solutions with a wide customer base. | Challenges with reporting and obligation management persist. |
Integration with Slack for contract collaboration functionalities. | Recent leadership changes and rounds of layoffs have impacted stability. |
Read more about Docusign alternatives here.
4. Sirion CLM
Sirion is named a Leader in the Magic Quadrant with 320+ active customers using the latest version of the solution. The end-users are in procurement, legal, and sales. The R&D and support teams are based in India, US, and Europe serving large enterprises predominantly. Its primary industries are banking, communications, and manufacturing.
Implementations are both Sirion-led and partner-led. The product roadmap includes a proprietary LLM for generative AI, enhanced self-serve administrative capabilities, and an open data integration platform.
Key features of Sirion
- Sirion’s Single Extraction Agent (SEA™): A contract storage solution that organizes contracts in a single, intelligent repository and turns them into searchable sources of contract data.
- Contract Authoring: A contract generation tool that helps you generate drafts with AI playbooks.
- AI Redlining: A negotiation tool that auto-detects, reviews, and redlines contract terms to mitigate contract risks.
- Manage: The AI-analytics dashboard extracts obligations and service levels, monitors fulfillment in real-time, and forecasts financial risks.
Pros | Cons |
High customer satisfaction on Gartner reviews across sales, implementation, and support. | Outsourced implementation, scaling remains a challenge. |
Expanding integration offerings like launching on Salesforce AppExchange. |
5. Icertis Contract Intelligence (ICI)
Icertis is a Leader on the Magic Quadrant with 205 customers using its latest CLM platform and 368 customers overall. The majority user base is enterprise clients tied between procurement and legal, with fewer sales. The R&D and support teams are primarily based in India. The key industries include manufacturing, pharmaceuticals, biotech, and professional services. Most implementations are led by channel partners. The product roadmap includes more generative AI Copilots, industry-niche obligation management intelligence, and SAP S/4HANA process integrations.
Key features of Icertis
Contract analytics: Icertis leverages AI to generate key contract insights.
Workflows: Icertis automates the approval workflows for efficient TAT, reducing manual effort in pre-execution processes.
Multi-platform support: It offers accessibility across multiple devices, including mobile applications for iOS and Android, allowing users to manage contracts on the go.
GenAI capabilities: ExploreAI leverages generative AI for deeper insights into contract data by analyzing large volumes of data and identifying trends.
Pros | Cons |
Icertis supports a wide range of contract types across procurement, sales, finance, and legal. | Users report inconsistent support, delayed issue resolution, and perceptions of overselling product capabilities. |
SAP co-developed a joint GTM strategy, making it attractive to SAP customers. | Recent downsizing with a 4% team cut, causing concerns about account management experiences. |
Pre-configured industry-niche solutions, ITAR compliant, and FedRAMP Moderate Ready. |
Read more about Icertis competitors here.
Find the Best Alternative to Evisort
Evisort stands out in the CLM market with its contract creation, contract data extraction, and contract management processes. Its generative AI helps with creating, recommending, and redlining clauses, making it a valuable tool for both startups and larger enterprises. Users appreciate its ease of use and robust support in North America. However, its geographical focus restricts its appeal elsewhere, and the AI struggles with complex provisions and low-quality documents. Users also report that the pricing is high, especially considering the limited customization options in reports and dashboards.
On the other hand, HyperStart delivers a quick setup—getting businesses up and running in 3 days with drag-and-drop smart imports. Powered by HyperVerge AI, known for its precision, having processed over 1 billion+ documents with 99% accuracy. The platform’s standout features include seamless integration with popular CRMs, secure data handling with ISO and SOC 2 certifications, and a support team known for a fast response time, typically under two hours. HyperStart also offers flexible pricing plans, making it an ideal choice for growing businesses.
Want a Better Evisort Alternative?
Find out how HyperStart CLM streamlines your contract management with personalized solutions that enhance productivity.