CONTRACT MANAGEMENT SOFTWARE
Make contracts a strategic advantage.
Contracts are the lifeblood of business. Take control of your contract data to minimize risk and drive results across every part of your organization—including procurement, finance, sales, HR, M&A, IT, and more.
The world’s leading organizations move forever forward with Workday. All Customer Stories
WHAT SETS US APART
Act with confidence—and intelligence.
With contract lifecycle management from Workday, you get the insights, connectivity, and automation you need to deliver great outcomes.
Know everything about your contracts.
Get total visibility into your contracts as well as powerful insights—ready to present and share—with AI-native contract intelligence.
Get business done faster.
Simplify complex contract processes with AI-powered workflows and drafting tools that help you enhance responsiveness and avoid bottlenecks.
Safeguard your organization.
Streamline audits and ensure contract terms are compliant with evolving regulations and policies to minimize organizational exposure.
Improve your bottom line.
Find untapped revenue, unused benefits, and cost-saving opportunities in supplier and other agreements.
Manage your commitments.
Stay on top of important obligations and deadlines to avoid surprise expirations, unwanted auto-renewals, and noncompliance.
WHAT YOU CAN DO
Supercharge your process with Workday, powered by Evisort AI.
Keep track of every term.
Easily create custom AI models to track everything your organization cares about.
Unlock insights fast.
Be up and running with a complete, intelligent contract repository in days, not months.
Eliminate manual tasks.
Automate your contract lifecycle to reduce errors, accelerate approvals, and ensure language is always compliant.
Create value, responsibly.
Trust your sensitive contract data with our responsible AI safeguards backed by ISO 42001, 27001, and 27701 certifications.
“Workday has leapfrogged the contract lifecycle management space with next-generation contract AI, powered by Evisort. It’s the fastest to deploy, most field-tested, most secure solution in the market.”
—Managing Partner
PROVEN RESULTS
Exceptional results. Exceptionally fast.
70%
reduction in outside legal spend1
65%
reduction in contract execution time1
450,000
documents can be analyzed in 24 hours1
21
days per deployment on average1
1. Based on select customer stories.
2. Based on average results from Workday Contract Intelligence.
FREQUENTLY ASKED QUESTIONS
Contract management FAQs.
What is contract lifecycle management (CLM) software?
CLM software enables organizations to draft, negotiate, and manage contracts. Our solutions expand upon traditional CLM with advanced contract intelligence (CI), which uses AI to track and visualize key business data in agreements.
What contract lifecycle management products does Workday offer?
We offer Workday Contract Lifecycle Management and Workday Contract Intelligence, powered by Evisort AI. Workday Contract Lifecycle Management encompasses all the advanced AI capabilities of Workday Contract Intelligence but includes additional workflow solutions to manage requests for new contracts, as well as processes for approvals, negotiating, and executing agreements.
If I already have CLM software, can I supercharge it with AI from Workday Contract Intelligence?
Yes, many companies have legacy CLM software that doesn’t offer AI capabilities. If you want structured data about your contracts and dynamic dashboards that stem from this data, adding Workday Contract Intelligence on top of your contract lifecycle management tool can be an easy solution.
Does Workday Contract Lifecycle Management integrate with e-signature tools, document repositories, and CRMs?
Yes, Workday Contract Lifecycle Management has native integrations with e-signature tools such as Adobe Sign and Docusign, and document repositories such as SharePoint, Box, and Google Drive as well as CRMs such as Salesforce. E-signature tools, document repositories, and CRMs that do not have native integrations can be connected via our robust RestAPI.
How long does it take to implement contract management products from Workday?
Implementation takes 21 days on average for Workday Contract Intelligence. And our contract AI can analyze 450,000 documents in just 24 hours, bringing deep visibility to even large repositories of agreements quickly and reliably.
See how we help you succeed.