Evisort enters a new era with generative AI for contract intelligence

Evisort enters a new era with generative AI for contract intelligence

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Evisort AI Labs is pioneering the design and negotiation of Generative AI contracts

SAN FRANCISCO, December 20, 2022 /PRNewswire/ — Evistthe No-Code Contract Intelligence platform loved by legal, procurement and sales teams worldwide, enters a new era with the launch of the industry’s first platform Generative artificial intelligence (AI) Abilities. Evisort’s reimagined AI technology provides transparent, understandable contract recommendations to drive decision making and contract execution.

Evisort’s generative AI builds on its existing AI capabilities by creating entirely new content. Evisort AI Labs innovation empowers legal and contract professionals to use Large Language Models to automatically draft, redline and negotiate contracts – freeing up time for strategic advice. Evisort AI Labs’ technology can also propose changes that expedite renegotiations of existing complicated contracts.

“Generative AI is the natural next step to enable decision making that simplifies contract management. The rapid advances in cloud computing and machine learning developed over the past decade have enabled Evisort to create this innovation,” said Evisort co-founder and CTO amine noun.

Evisort debuted with the new ability publicly December 18th. Lawyers and business stakeholders can use Evisort’s generative AI to compare proposed language to accepted policies and direct the system to automatically rewrite inappropriate clauses in their own common language, dramatically accelerating contract negotiations and driving better business outcomes. The technology provides full insight into the data and intelligence behind each recommendation for automated contract negotiations. Generative AI use cases include sales streamlining, vendor onboarding, and supply chain contracts.

“Before you go Harvard law, I was in sales. One step required for signing a new deal is waiting for legal contract approval, and at the end of the quarter that is…

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