Does your current contract lifecycle management system fall short on practical features? Are you scouting for an AI-powered CLM solution with flexible automations? This blog is for you.
Evisort is popular with customers like Microsoft and Western Union. While it is announced to be acquired by Workday, it lacks the capabilities you need to truly compete.
With a product focus on generative AI, Evisort is adept at AI for contract analysis to review and negotiate contracts pre-execution. But the OCR and AI engine for metadata extraction post-execution is feeble, making the tool suboptimal if you want to unlock the full potential of your contracts.
If you are looking for AI that thoughtfully addresses core contract management challenges, this guide is tailored for you. AI should be used against real problems that bog you down like—manual tracking, metadata extraction, reporting and dashboard analytics, and contract search and filters. We’ll further compare Evisort with HyperStart, the alternative that outpaces Evisort with advanced extractive AI, intuitive automations, and an end-to-end platform that goes the extra mile.
A complete overview of the Evisort
Evisort is powered by proprietary AI trained on 11M+ contracts and 1B+ data points, Evisort offers robust generative AI capabilities to users.
Best For: Midsize and enterprise organizations with a majority of their customers in finance, healthcare & life sciences, and technology.
Pricing: Not published, offers custom pricing.
Ratings: Holds strong ratings of 4.7/5 on G2 and 4.8/5 on Capterra.
Evisort has been named a Visionary in Gartner’s CLM Magic Quadrant for two years in a row. It has 300 live customers with the largest user base in legal and procurement.
Its key strengths lie in contract analysis and generative AI strategy, thought leadership and market understanding, and customer experience.
Evisort’s robust AI functions quickly digitize and analyze contact data, supporting the contract creation, recommendation, precision redlining, and added contract risk assessment stages.
The organization’s vision for the CLM market is to support automated contract negotiations, connected contract data, and innovation as the market steers toward better use cases of AI.
Evisort’s continuous update model for product deployment enables quick, ongoing improvements for customers.
Let’s quickly compare HyperStart CLM vs Evisort.
Features | HyperStart | Evisort |
GenAI | ✗ | ✓ |
AI search filters | Advanced | Limited |
AI clause detection | ✓ (out-of-box clause detection) | ✗ (standard clauses) |
Analytics insights | ✓ (Out-of-box, visual & real-time) | ✓ (Limited custom options) |
OCR | 99% accuracies | Struggles with legacy contracts |
Workflows | ✓ (No-code, customizable) | Learning curve, inflexible |
MS Word Processing | ✓ | Complex UI to redline and edit |
Process metrics | ✓ (InFlight dashboard) | Limited |
Evisort reviews
Here are the reviews from reliable review platforms like G2. These reviews reflect the user experience with Evisort.
“The pre-implementation sales team is more focused on selling the software than understanding the problems potential clients are trying to solve. As a result, companies might agree to terms with Evisort (say for 5 workflows and a 60-day implementation), without realizing that they actually need 10 workflows and a 90-day implementation…”
“The onboarding cycle leaves a lot to the customer. It’s not quite as plug-and-play as we had anticipated, but Evisort has been very helpful in meeting with us and supporting our training so that we can efficiently and effectively use the platform, which will be infinitely more valuable to us in the long run.”
The reporting / dashboard capabilities require continued improvement to ensure they are fully supported for pre-signature and post-signature activities.
I do not use this frequently, Accuracy issues with its OCR.
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).
The creation of workflows requires some practice – it’s not a dislike, but something teams need to be aware of.
The system lacks the ability to track multiple documents in one ticket. Our users are having to create multiple tickets if the contract has more than one document that needs to be tracked. This creates extra work and the possibility of missing a signature at the eSignature phase.
Intake and building of workflow is slightly behind what other vendors are offering.
Positive reviews reflect the commendable customer experience, ease of navigation, adoption, and learning, and impressive generative AI capabilities. More critical ones caution against delayed implementation, the weak OCR and AI engine, inadequate reporting capabilities, delays in reminders, clunky imports, inefficient contract organization, interlinking, and pre-signature workflows. Furthermore, while the support is quick to deploy product updates, it is available only in North America and only in English.
HyperStart CLM was built ground up with real-world insights from legal professionals. As a comprehensive contact management solution built ground up for smaller teams, it is flexible to the niche needs of growing companies. It is built of proprietary AI with 99% accuracy and trained on 1B+ documents. The product team is known to deploy the platform in 3 days, an unrivaled record in the industry.
Pros of Evisort
GenAI Capabilities: Evisort excels in AI contract analysis and generative AI for creating, recommending, and redlining clauses.
Ease of Use: Evisort is commended for being easy to learn and navigate.
Good Customer Support: Large enterprises like Microsoft, Western Union, and Workday appreciate its responsive setup and support.
Popular in the Legal Sector: Evisort is well-known and respected in the legal and procurement sectors.
Cons of Evisort
Weak OCR and AI Engine: Evisort struggles with low-quality PDFs and has limited OCR capabilities, making it less effective for extracting complex provisions like lease extensions.
Limited Customization: Reports and dashboards are not customizable, which frustrates users seeking tailored insights. There is a learning curve with workflow creation and integration capabilities, limiting flexibility.
Inflexibility for Smaller Organizations: Evisort lacks flexibility in workflow automation and is considered less adaptable to the needs of small or midsize businesses.
Geographic Limitation: Support is limited to North America and only in English, which restricts its appeal to international businesses.
High Pricing with Intransparent Quotes: Evisort is criticized for its high pricing, especially given the limited contract volume and capacity. Users report difficulties in obtaining clear pricing quotes early in the sales process.
Pre-signature Workflow Weaknesses: The pre-signature workflows are not as robust as those of competitors and struggle with complex logic, which hinders contract negotiation and drafting.
Want to switch from Evisort?
Don’t let Evisort’s limitations hold you back. Unlock full contract potential with HyperStart.
Overall Feedback of Evisort
Evisort is a powerful CLM solution for enterprises seeking AI clause review and contract negotiation. Still, smaller businesses or those needing more customization across the contract lifecycle find it less suitable. Its inflexibility may not suit smaller organizations. Furthermore, the lack of smart bulk processing features means users must manually extract metadata, putting a strain on contract TAT. Besides, its focus on the North American market with support only in English, limits its appeal to global businesses.
Evisort pricing
Evisort does not publish its pricing and offers custom quotes, which means the cost of the software varies depending on your specific needs. Users report that getting a ballpark figure of Evisort’s pricing to build a case with the executive team is a challenge. But according to GetApp, the prices start from $15,000 a year.
If you are looking for a more transparent and cost-effective solution, HyperStart is worth considering. You get a thoughtful estimate of how much your bespoke solution will cost you upfront across tiers that suit your organizational size and scale. Known for being flexible, transparent, and affordable, HyperStart’s pricing is based on:
The number of contracts
The number of users
And the product modules you need
To learn how HyperStart’s pricing model fits your needs, contact the sales team or request a demo. Or read more on Evisort competitors here.
Want a Better Evisort Alternative?
Find out how HyperStart CLM delivers superior value at a fraction of the cost.
Evisort features
Evisort provides advanced features that help you create, redline, and analyze contracts with generative AI. It also has features for collaboration, management, and reporting. Let’s go over Evisort’s features in detail.
1. Connect & Integrate
Evisort’s integrative capabilities help ingest contracts from your existing tech stack with pre-built connectors that sync contract data. It helps harmonize business systems with connected contract data through APIs. It also integrates with single sign-on authentication for secure provision access.
2. Draft & Negotiate
Evisort prides itself on the ability to streamline and scale contract authoring and reviewing with dynamic contract templates, automated workflows, and AI redlining and suggestions. Each of these capabilities helps execute contracts faster than manual drafting.
3. Analyze
With proprietary AI trained on 1B+ contract data points, the capabilities are best suited for generative use cases.
4. Report
The reporting function helps users track deadlines and obligations, elevating executive visibility and reporting for informed decision-making. The performance of ongoing contracts can also be tracked with metrics like cycle times and contract statuses.
5. Manage & Automate
This is a secure, searchable repository to manage all executed contracts. It automates metadata extraction and connects data across the organization.
6. Collaborate
This capability simplifies communication, connects data across systems, stakeholders, vendors, and customers, and takes contracts from start to finish with a detailed audit trail.
While Evisort offers such a suite of features, HyperStart CLM also offers advanced features with far superior reviews:
Create: Draft contracts compliantly and free from errors with dynamic templates, intake forms, and smart conditions. No more uncaught errors & missing handoffs.
Approve: Streamline approvals with conditional logic. Improve contract collaboration and TAT with better visibility.
Negotiate: Optimize faster reviews with AI-powered redlining, version control, and audit trails. Review, collaborate, and close deals more efficiently.
Sign: Execute contracts securely with compliant and legally binding eSign integrations or native OTP-based options.
Store: Store, search, and locate agreements in one centralized contract repository powered with AI filters for 2-second contract retrieval.
Track: Auto-extract metadata with AI to track contract obligations. Automate renewal reminders to stay ahead of schedule.
InFlight: One dashboard to track every step of the contract lifecycle. Get insights to reduce contracting time by 80%.
With its advanced features, HyperStart CLM is perfect for tackling complex contract management challenges. Recently, a B2B SaaS company, LeadSquared, was grappling with high contract volumes and a Frankenstein process.
6+ h review time saved per contract with AI
60% reduction in contract drafting time
92% faster contract reporting
If you’re looking to streamline your contract lifecycle management process and achieve far greater results, HyperStart CLM could be the solution for you.
Why is HyperStart the perfect Evisort alternative?
HyperStart offers several distinct advantages over Evisort, making it particularly attractive to small and midsize organizations. Its highly accurate AI models allow for bulk imports and quick metadata extraction from scanned papers, converting them into searchable and actionable text and data in minutes.
HyperStart also automates workflows without coding expertise, allowing businesses to create custom approval workflows in minutes and significantly reducing contract TAT by 75%.
HyperStart’s pricing transparency and affordability, with a 75% faster ROI, outweigh Evisort’s opaque pricing in value.
What truly sets HyperStart apart is the team’s ability to understand contracting problems deeply and come up with cutting-edge solutions that far surpass market expectations in record speed. It takes no longer than 3 days to implement a fully functional repository and around 2 weeks to set up granular workflows that suit your organization.
Despite Evisort’s thought leadership in generative AI, HyperStart CLM is poised to really break the mold. It combines powerful AI with accessible pricing and implementation at record speeds.
Extract. Analyze. Act.
Switch to HyperStart for AI that does the heavy lifting you actually need done.
Book a DemoFrequently asked questions
HyperStart is cost-effective and purpose-built for small and mid-sized companies, a robust AI clause detection, and custom workflows. In contrast, Evisort targets midsize to enterprise clients, offering generative AI with strong contract analysis features. However, its OCR is less effective on legacy contracts, and workflows lack flexibility for smaller teams.
HyperStart also offers transparent pricing and faster implementation, while Evisort’s intransparent, custom pricing can lead to lengthy sales processes.