Compare Evisort vs. Ultria Orbit in 2025

Ultria Orbit

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Description

Evisort, the AI-powered contract management software is the first to provide visibility into any document. It also reduces risk by using artificial Intelligence to speed up and accurately analyze contracts. It streamlines workflows and elevates collaboration. Over 230 contract types are supported. More than 50 clauses and metadata are extracted out-of-the box. Over 10Million contracts. Reads documents in less than 60 seconds. Tracking 1B+ data points. Evisort AI Labs studies Natural Language Processing (NLP), and computer vision models. They develop algorithms using the most advanced forms artificial intelligence possible to automate search, data collection, and ensure that you find what you need in all of your contracts, at any given time. Evisort provides contract management efficiencies, workflow accountability and visibility into documents for a variety business teams.

Description

For over ten years, members of the Ultria Team have been implementing Practical Artificial Intelligence to enhance Information Governance for leading global enterprises. The development of Ultria's AI-driven approach to contract management emerged out of necessity, as some clients process over a million contract line items annually, while others look for assistance with supply chain risk assessments or analyzing customer orders during mergers and acquisitions. With the added pressure of a complex regulatory landscape and shifting geopolitical dynamics, the demand for high-quality metadata extraction, consistent clause matching, and risk assessment became critical, prompting the establishment of a distinct AI component. This component not only integrates seamlessly with Ultria's Contract Lifecycle Management (CLM) solution but is also designed to be utilized independently by organizations that may not yet have a CLM system in place. Ultria Orbit offers strategic flexibility in implementation, making it easier for companies to adapt to their specific needs and challenges in managing contracts effectively. Ultimately, this innovative solution empowers organizations to navigate the complexities of contract management with greater efficiency and accuracy.