Source: TechCrunch
Workday announced on Tuesday that it’s acquiring Evisort, an AI-powered contract management platform, for an undisclosed amount.
In a statement, Terrance Wampler, group general manager at Workday, said that Evisort’s tech will enable Workday to add a range of AI-powered document processing tools to its existing finance and HR software.
“Evisort will help us deliver on our vision to help customers unlock the value of their most critical data,” Wampler said. “With AI-powered document intelligence, they’ll be able to surface and act on insights more quickly and efficiently.”
Evisort adds to Workday’s growing collection of AI-focused acquisitions, which started with HR analytics firm Identified in 2014. In 2018, the company bought SkipFlag, makers of an AI knowledge base that builds itself from an enterprise’s internal chats.
Read full article: https://techcrunch.com/2024/09/17/workday-acquires-ai-powered-document-platform-evisort/
