Concord vs. Workday Contract Lifecycle Management, powered by Evisort AI

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Concord
Score 3.4 out of 10
Mid-Size Companies (51-1,000 employees)
Concord delivers contract management for the 90% of agreements that don't need legal complexity. Founded in 2014, the company serves 1,500+ SMB and mid-market organizations (50-1,000 employees) across North America and Europe from offices in Austin and Paris. The platform combines contract creation, real-time collaboration, e-signature, and AI-powered review in a single workflow. Business users draft from templates, negotiate in-browser (no more Word attachments), and get AI review in 23…
$399
per month
Workday Contract Lifecycle Management, powered by Evisort AI
Score 9.0 out of 10
N/A
Workday Contract Lifecycle Management, powered by Evisort AI, streamlines end-to-end contract workflows. Its intelligent, AI-native contract repository can be up and running in days. It combines pre- trained and customizable AI with integrations and enterprise-grade governance.N/A
Pricing
ConcordWorkday Contract Lifecycle Management, powered by Evisort AI
Editions & Modules
Essentials
$399
per month
Business
$699
per month
Enterprise
Contact Sales
Enterprise
Contact sales@concord.app
No answers on this topic
Offerings
Pricing Offerings
ConcordWorkday Contract Lifecycle Management, powered by Evisort AI
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsConcord pricing includes implementation, services, and unlimited support. All Concord plans include unlimited documents and unlimited e-signatures.
More Pricing Information
Community Pulse
ConcordWorkday Contract Lifecycle Management, powered by Evisort AI
Features
ConcordWorkday Contract Lifecycle Management, powered by Evisort AI
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Concord
8.7
6 Ratings
7% above category average
Workday Contract Lifecycle Management, powered by Evisort AI
5.7
1 Ratings
35% below category average
Contract creation9.76 Ratings5.01 Ratings
Contract templates8.06 Ratings00 Ratings
Clause library/saved fields8.05 Ratings6.01 Ratings
Guided logic9.11 Ratings6.01 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Concord
9.1
6 Ratings
11% above category average
Workday Contract Lifecycle Management, powered by Evisort AI
4.6
1 Ratings
55% below category average
Contract sharing9.46 Ratings5.01 Ratings
Contract editing8.46 Ratings3.01 Ratings
Collaborating on contracts8.76 Ratings5.01 Ratings
MS Word plug-in8.52 Ratings00 Ratings
Approval process9.75 Ratings5.01 Ratings
Interdepartmental workflows9.75 Ratings5.01 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Concord
9.0
6 Ratings
9% above category average
Workday Contract Lifecycle Management, powered by Evisort AI
6.1
1 Ratings
30% below category average
Contract database8.76 Ratings7.01 Ratings
Contract search7.76 Ratings7.01 Ratings
Contract milestone reminders & alerts9.54 Ratings6.01 Ratings
Custom contract reports9.54 Ratings5.01 Ratings
Tracking contract status9.55 Ratings6.01 Ratings
Compliance check9.11 Ratings6.01 Ratings
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User Ratings
ConcordWorkday Contract Lifecycle Management, powered by Evisort AI
Likelihood to Recommend
9.3
(6 ratings)
5.0
(1 ratings)
Usability
9.7
(3 ratings)
6.0
(1 ratings)
Support Rating
7.4
(3 ratings)
5.0
(1 ratings)
User Testimonials
ConcordWorkday Contract Lifecycle Management, powered by Evisort AI
Likelihood to Recommend
Concord
Concord is honestly suited for all types of organizations because the software is flexible in its application and very easy to implement. In addition, Concord offers exceptional customer service with professionals who will work with you to ensure success, whether it be through training, problem-solving, or even finding ways to engage employees to maximize the benefit of the software. Most appreciated about Concord is their willingness to listen to their users to constantly evolve with new features or added functionality based on customer feedback.
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Workday
Evisort is best when you already have all your contracts fully cleaned, designated, ordered, managed, linked, collated, titled and termed. It is not good if you expect the platform to help you go through a repository of contracts that you want the system to extract all the info you need and then you can decide easily what to keep and not etc - the sales team will tell you that the platform can do all of this. In my opinion, this isn't true.
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Pros
Concord
  • Templates are easy to create and utilize.
  • Concord has its internal e-signature tool.
  • Concord can group by template, active, in progress, etc. and color codes the same.
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Workday
  • Houses Contracts centrally
  • Info display is pretty straight forward
  • Terms Search function is solid
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Cons
Concord
  • Make it easier to find the templates from any page
  • Improve the search function--it's sometimes difficult to find specific documents when searching
  • Change back to "limited editor" and "no editing rights" when sharing documents; the new term of "viewer" makes it seem like nothing can be edited at all
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Workday
  • Platform Implementation
  • AI intake of documents
  • How contracts are linked
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Usability
Concord
Concord is extremely user friendly and saves me so much time! How else would I be able to manage all of the contracts for 9 different agencies all by myself?!?
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Workday
It is clunkier than needs to be but it's not as bad as some of the other platforms we reviewed. The interface is pretty spartan, almost like reading a page and some color and segregation could help users segregate the UI by function and task. This is pretty straight forward but doubt they would implement
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Support Rating
Concord
I gave it a five because it was the closest to a neutral response. I have not had issues with Concord and have not had a reason to contact support, so I don't have an accurate opinion here. From my conversations with our legal team, it seems they have been able to work with the support team at Concord to get any potential issues resolved in a timely manner.
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Workday
For all of the reasons listed above, essentially, once the platform is implemented it has its value, however, knowing what you get before implementation, might give ppl pause. The cost is a bit misleading and the sales team over promises and under delivers in my opinion. This is not cool and creates issues inevitably, down the line.
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Alternatives Considered
Concord
I would rather not compare apples and apples nor apples and oranges, and just share Concord has been an excellent Contract Management System for current organization.
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Workday
Evisort is just getting in the game. Implementation is not as robust as Coupa and Adobe is more of a contract execution platform so it is not apples to apples to compare there. Essentially, Evisort is a a somewhat cheaper solution that is not a complete solution and needs more of an upfront lift than they would suggest.
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Return on Investment
Concord
  • Since our implementation, I am saving a few hours a month in managing our IC contracts.
  • When people have questions about contracts, now it's clear "Hey, look in Concord" versus "Hey, does John or Sally have this contract?".
Read full review
Workday
  • better Contract visibility
  • centralized ownership
  • contract alerts
Read full review
ScreenShots

Concord Screenshots

Screenshot of approval workflows. These help to decrease contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Concord's advanced reporting, used to gain greater insights into the data in contracts.Screenshot of the Concord Inbox, with a global search and advanced filtering to make organizing and finding documents easier, and to streamline completing contract-related tasks.Screenshot of the approval workflows that decrease contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of online editing and redlining and a summary sheet with a discussion panel that keeps all conversations and changes tracked. A Word integration allows offline edits to also be tracked.Screenshot of an example of a fully executed contract with legally admissible e-signatures.

Workday Contract Lifecycle Management, powered by Evisort AI Screenshots

Screenshot of the Ask AI featureScreenshot of automated redliningScreenshot of