Workday Launches Custom AI Model Library for Faster Contract Reviews

Workday Introduces New Custom AI Model Library to Power Smarter, Faster Contract Reviews
🕧 5 min

With 120+ Pre-Built AI Models, the Workday Contract Intelligence Agent Helps Customers Quickly Analyze Contracts, Flag Risks, and Gain Insights Across HR, Finance, Legal, IT, and More

Workday, the enterprise AI platform for managing people, money, and agents, today announced a new Custom AI Model Library for the Workday Contract Intelligence Agent, powered by Evisort. The library includes more than 120 pre-built AI models trained to identify key clauses, risks, line items, and terms in contracts — from HR agreements to vendor contracts to sales deals. By giving organizations access to these specialized models, Workday is enabling faster contract reviews, earlier risk detection, and significantly less manual effort.

Read More : Automated Payroll Transformation: Choosing Efficiency and Accuracy

The Workday Contract Intelligence Agent already helps legal and business teams make smarter decisions by reviewing contracts at scale to flag risks, track obligations, and uncover opportunities. With the addition of the Custom AI Model Library, customers can now automatically analyze a wider range of contract terms — from employment agreements and vendor security clauses to payment schedules, data privacy obligations, and renewal provisions — across HR, Finance, Legal, IT, and Sales. The new models are pre-trained and ready to deploy, but customers can also refine them further by simply providing feedback — no coding required.

“AI in the enterprise often delivers piecemeal automation without true transformation,” said Jerry Ting, vice president, head of agentic AI & Evisort, Workday. “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.”

Read More: The Future of Corporate Learning: How AI is Transforming L&D Programs

The Custom AI Model Library delivers a deeper level of contract analysis by enabling models to summarize, calculate, and classify key terms — turning complex documents into actionable insights. With these new models, teams can:

  • Summarize complex employment terms, like non-competes, in plain language and connect them across systems.
  • Identify and extract financial details such as dates, amounts, and addresses to enable faster, more accurate invoice processing.
  • Analyze terms related to data privacy, security, access, minimization, and deletion across a range of contract types.
  • Extract lease agreement terms such as square footage, property tax requirements, and rights of first refusal, and summarize detailed repair and maintenance obligations.
  • Analyze terms from sales agreements like publicity and logo rights, included products and services, and uplift on renewals — and share them with CRMs.

Write to us [wasim.a@demandmediaagency.com] to learn more about our exclusive editorial packages and programmes.

  • What began as a wire service in 1954 has evolved into one of the largest global distribution networks. PR Newswire, now part of Cision, gives communicators direct access to journalists, editors, and digital outlets, helping stories break beyond borders and shape conversations in real time.

Recommended Reads :