The global and independent platform for the SAP community.
Community News

Workday Signs Agreement to Acquire Evisort

Workday, a provider of solutions that help organizations manage their people and money, announced the signing of a definitive agreement to acquire Evisort, an AI-native document intelligence platform. With Evisort, Workday will add AI-powered document intelligence solutions to its finance and HR suite.
E3 Magazine
September 18, 2024
Content:
avatar

Evisort's platform uses AI to extract clear and actionable insights from complex legal and business documents stored in document management systems. With Workday and Evisort's combined solutions for document intelligence, customers can bring unstructured data from document management systems into Workday, which can in turn help them manage people and money processes more efficiently and intelligently.

The transaction is expected to close in the third quarter of Workday's fiscal year 2025, ending October 31, 2024, subject to the satisfaction of customary closing conditions. Orrick is serving as legal advisor to Workday and Goodwin is serving as legal advisor to Evisort and its shareholders.

"AI is a powerful force, transforming how organizations convert unstructured data in documents into strategic business decisions. We're excited to combine Evisort's document intelligence technology with Workday's unified finance and HR platform, which will empower customers to leverage critical business data more effectively, within a single system of truth." Jerry Ting, Founder and CEO, Evisort.

workday.com

Write a comment

Report from Boomi World London: Integration-Platform-as-a-Service (iPaaS)

Transformation Backlog in the SAP Community

Clean core

Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

Venue

More information will follow shortly.

Event date

Wednesday, May 21, and
Thursday, May 22, 2025

Early Bird Ticket

Available until Friday, January 24, 2025
EUR 390 excl. VAT

Regular ticket

EUR 590 excl. VAT

Venue

Hotel Hilton Heidelberg
Kurfürstenanlage 1
D-69115 Heidelberg

Event date

Wednesday, March 5, and
Thursday, March 6, 2025

Tickets

Regular ticket
EUR 590 excl. VAT
Early Bird Ticket

Available until December 20, 2024

EUR 390 excl. VAT
The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2025, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.