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Announced

Workday to acquire Evisort from TCV.

Synopsis

Workday, a provider of solutions to help organizations manage their people and money, agreed to acquire Evisort, an AI-native document intelligence platform, from TCV, an investment company. Financial terms were not disclosed. "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, Evisort founder and CEO.

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