Litera Kira vs. Workday Contract Lifecycle Management, powered by Evisort AI

Kira is a great due diligence tool and can be well utilised on both large and small transactions. It also has good application if you are looking to compare multiple documents against a model form document or market standard templates. Kira is less useful if you are looking to review emails (e.g. as part of a disclosure exercise); or if your review involves non-Latin based script languages.

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.

Incentivized

• UI/UX - tagging and naming feels much easier than you'd expect machine learning to feel
• Accuracy - Kira's built-in models perform well out of the box
• Assistance - Kira's support team gets back to me same day if I have a question

Incentivized

• Houses Contracts centrally
• Info display is pretty straight forward
• Terms Search function is solid

Incentivized

• Inability to relabel smart fields to suit the review process means it is hard to align it to particular projects (e.g. it would be useful to relabel the "Assignment" smart field as "Is the contract assignable?")
• Not enough non-English smart fields.
• Needs the ability to resell user-trained smart fields in a marketplace.
• Output is not customizable enough.
• Built-in analysis tools are useful but a little basic.

Incentivized

• Platform Implementation
• AI intake of documents
• How contracts are linked

Incentivized

If our firm had more contracts in English, the usability of Kira would be rated higher. However, since we have to train clauses in Portuguese in order to use Kira, it makes its usability lower. We still are not able to fully use Kira for reading contracts in Portuguese. It takes a long time and many associate hours to make Kira usable in other languages.

Incentivized

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

Incentivized

Customer Support is excellent. The online help portal is probably the best I have ever seen. Great videos with content easily found. The HelpLine is staffed by knowledgeable people. The videos have saved us providing a lot of in-house training, which we would struggle to resource. The account managers really know the product and their law firm clients and share best practices and trends.

Incentivized

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.

Incentivized

Kira offers a lot more out of the box than other providers and is also more flexible around integrations. This, plus the clear pricing structure, is why we went for it instead of (or as well as) others. Diligen, RAVN, Leverton, Della, Seal not in list.

Incentivized

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.

Incentivized

• Positive ROI: Increased comfort level of attorneys and use of tech
• Neutral ROI: It has not significantly change how we handle projects, since there still is a need for manual review
• Negative ROI: It has been cost prohibitive to scale it

Incentivized

• better Contract visibility
• centralized ownership
• contract alerts

Incentivized