Workday Inc. has announced a significant expansion of its AI capabilities with the launch of a new Custom AI Model Library for its Workday Contract Intelligence Agent. The library, powered by Evisort, includes over 120 pre-built AI models designed to automate the identification of key clauses, risks, and terms across a wide range of contracts, enabling faster reviews, earlier risk detection, and a substantial reduction in manual effort for organizations.
Quick Intel
Workday launched a Custom AI Model Library for its Contract Intelligence Agent.
The library includes over 120 pre-trained AI models for contract analysis.
It automates the review of HR, vendor, sales, and legal agreements.
Models can identify risks, summarize terms, and extract financial details.
The technology aims to move beyond piecemeal automation to true transformation.
Customers can refine the pre-built models with feedback, requiring no coding.
Deepening Contract Analysis with Specialized AI
The Workday Contract Intelligence Agent already helps legal and business teams review contracts at scale. With this new library, customers can automatically analyze a much wider array of contract terms, from employment agreements and data privacy obligations to payment schedules and renewal provisions. The models are pre-trained to not only identify but also summarize, calculate, and classify key terms, turning complex legal documents into clear, actionable business insights for teams across HR, Finance, Legal, IT, and Sales.
Enabling Transformation, Not Just Automation
The new library is designed to solve specific business problems by giving the AI agent new, specialized skills. For example, it can summarize complex employment terms like non-competes in plain language, extract financial details for faster invoice processing, and analyze data privacy and security clauses across various contract types. The models are ready to deploy immediately, but can also be easily refined by customer feedback without any need for coding, making advanced AI accessible to business users.
Jerry Ting, vice president, head of agentic AI & Evisort at Workday, stated, "AI in the enterprise often delivers piecemeal automation without true transformation. We aren't just adding features; we are giving our Contract Intelligence Agent new skills that help solve real business problems. Our goal is to make deep, complex contract analysis fast and actionable for every team."
This launch represents a strategic step in integrating AI deeply into enterprise workflows, moving beyond simple task automation to providing intelligent, cross-functional analysis that empowers organizations to manage risk and uncover opportunities embedded within their contractual agreements.
Workday is the enterprise AI platform for managing people, money, and agents. Workday unifies HR and Finance on one intelligent platform with AI at the core to empower people at every level with the clarity, confidence, and insights they need to adapt quickly, make better decisions, and deliver outcomes that matter. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 65% of the Fortune 500.