At Evisort, we sometimes describe contracts as “tiny jail cells” for data. We say this because contracts contain vital information that legal, procurement, and sales teams need to know, and retrieving it manually can feel about as hard as a jailbreak.

This is especially true when each department manages contracts on separate systems. Sales may use Salesforce, Procurement prefers Coupa, and Legal relies on SharePoint, creating silos that make it difficult to have a unified view of the information inside your contracts. This fragmentation makes manual searches even harder, which is incredibly frustrating when you need fast access to critical data.

But what if there were a key that could unlock these data jail cells? A key that provided instant access to critical contract data points like renewal dates or compliance terms, no matter which system that data is stored in? With the right document intelligence platform, there is.
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Unlocking Data Without Disruption

AI-powered document intelligence platforms are purpose-built to connect and unlock contract data across various systems. With a solution like this, you can seamlessly pull key information from platforms like Salesforce, SharePoint, or Coupa without disrupting your existing workflows. This type of platform surfaces critical details such as renewal dates or compliance terms almost instantly, enabling faster, more informed decision-making.

With the right AI-powered document intelligence platform, unlocking the data within your contracts across multiple systems isn’t just theoretical—it’s already happening. For instance, Evisort’s proprietary AI engine was meticulously crafted, drawing from millions of legal contracts and data points to train its models. Designed specifically for contract understanding, Evisort’s AI uses proprietary large language models (LLMs) and natural language processing (NLP) to identify and extract over 230 different contract data points automatically.

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Not All AI-Powered Platforms Are Built for Speed

While many AI-powered document intelligence platforms claim to help you access the data within your contracts, not all of them are designed with speed in mind. Speed matters when you need to make informed decisions fast, and the right platform should be able to extract insights quickly.

Take Evisort, for instance. It stands out by integrating with and unlocking data from contracts across multiple systems and doing so with unmatched speed. Evisort's platform can process up to 450,000 contracts per day, allowing companies to extract key information—such as renewal dates, compliance terms, or non-compete clauses—almost instantly. This level of efficiency empowers teams to act on insights quickly, saving valuable time and enabling faster, more informed decisions.

Consider a company like McKesson, a leader in healthcare. Before using Evisort, their team was burdened with manual searches, sifting through contracts one by one to find the necessary information. By leveraging Evisort’s AI-powered platform, they could unlock critical insights in minutes without having to move their contracts from their original locations. This kind of speed made a real difference in their ability to make smarter, faster business decisions.

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The Cost of Inaction

Continuing with manual contract searches across multiple systems doesn’t just waste time; it holds your organization back. Here’s what you risk by sticking with outdated methods:

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• Wasted Time: Manually digging through contracts across different platforms can take hours. An AI-powered platform could surface the data in seconds.‍

• Increased Errors: Relying on manual processes increases the chance of missing crucial contract terms, leading to compliance risks or missed renewals.

• Missed Opportunities: Delays in accessing data could mean missed opportunities for renegotiations or better deals.

• Higher Costs: Manual contract management is resource-intensive and costly, taking time away from strategic tasks.

• Compliance Risks: Manually managing contracts can lead to non-compliance with governmental regulations and internal policies, potentially resulting in fines, penalties, or other corrective actions.

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Take Control of Your Contract Data

For organizations ready to gain visibility into their contracts, no matter where they reside, an AI-powered document intelligence platform can be the key to transforming how you manage and access critical data. By connecting all your contracts across systems, such a platform can give your teams the insights they need to make faster, smarter decisions and streamline operations.

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Learn More About Evisort

We’d love to show you how Evisort's powerful, proprietary AI-powered document intelligence platform painlessly connects the data across all your contracts, giving you complete visibility into every contract—no matter which system it lives in. By offering real-time insights and enabling you to quickly extract key details, Evisort empowers every department to make faster, more informed decisions with less manual effort.

Ready to learn more? Check out this blog post from Evisort co-founder Amine Anoun to explore how the latest advancements in AI-driven contract intelligence are unlocking business insights faster than ever.

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