Case Study: Plug Power achieves rapid AI-driven contract digitization and $72K annual storage savings with Evisort

Plug Power digitizes and scales contract management with Evisort

Plug Power, a 1,700+ employee manufacturer and service provider of hydrogen and fuel cell systems, was managing thousands of contracts on paper with no single source of truth—relying on decentralized file systems and manual data entry—and even missed an auto‑renewal that exposed the risk. Seeking a scalable contract lifecycle management solution, Plug Power selected Evisort’s AI‑powered CLM platform (repository, OCR and digital signing) to centralize and modernize their contract processes.

Evisort ingested and AI‑analyzed 10,000 contracts in 15 hours with 80% out‑of‑the‑box accuracy, eliminated $72,000 in annual offsite storage fees, and delivered proactive alerting to avoid missed renewals. The Evisort platform digitized metadata extraction, centralized contract access across legal, IT, finance and supply chain teams, cut manual labor and search time, and provided a fast ROI while enabling future workflow automation and scalability.

Plug Power