With 120+ Pre-Built AI Models, the Workday Contract Intelligence Agent Helps Customers Quickly Analyze Contracts, Flag Risks, and Gain Insights
Workday, a leading enterprise AI platform, has introduced a new Custom AI Model Library for its Contract Intelligence Agent, powered by Evisort technology. This innovative library features over 120 pre-built AI models designed to automate the identification of clauses, risks, line items, and terms across various contract types, including employment, vendor, lease, sales, and privacy/security agreements.
The Custom AI Model Library boosts Workday’s Contract Intelligence Agent. It helps models summarize, calculate, and classify key terms. This way, complex documents become clear and actionable insights. This change helps legal and business teams review contracts faster. They can spot issues and pull out key data quickly.
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Jerry Ting, Vice President and Head of Agentic AI & Evisort at Workday, emphasized the practical impact of this development: “We aren’t just adding features; we are giving our Contract Intelligence Agent new skills that help solve real business problems.”
Integrating AI models into Workday helps organizations automate contract term analysis. This impacts departments like HR, Finance, Legal, IT, and Sales. This feature speeds up contract reviews. It also reduces manual work and helps manage contractual obligations better.
Workday‘s Custom AI Model Library is a big step in using AI. It helps streamline business processes and offers smarter, faster solutions for customers worldwide.
