ConvergePoint Announces Artificial Intelligence Integration with Contract Management System

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The company will use Microsoft Azure AI platform to enhance its contract lifecycle management software built on Microsoft SharePoint

We are pleased that ConvergePoint has chosen Microsoft Teams as the platform for this new AI-driven search feature to help customers quickly and easily find contract documents, and we look forward to seeing how it is received in the marketplace.

ConvergePoint, a leading provider of regulatory compliance software applications, is introducing the use of artificial intelligence to enhance the search functionality in its Contract Management System, built on Microsoft SharePoint.

The Contract Management System, a lifecycle management software for contracts and related documents, will now incorporate search functionality from Azure Bot Service through an interface with Microsoft Teams. The search uses a bot powered by Azure Machine Learning and other Azure AI services to recognize keywords, learn search parameters and trends, and recommend search prompts. An integration with Teams will now bridge an organization’s contract repository with its central communications hub, making it easier than ever to quickly and efficiently find contract information.

“This represents our next big step in benefitting from the strength of Microsoft 365 within our software applications,” said Aju Koshy, Chief Executive Officer for ConvergePoint. “As more organizations adopt Microsoft Teams for their internal communication tool, it just makes sense for us to build out our technology in this arena. Integrating our AI search capabilities with a platform our customers are already comfortable using will make for a powerful combination and a quick adoption curve.”

Mike Ammerlaan, director, Microsoft 365 Ecosystem at Microsoft Corp. said, “Customers are demanding more integration and connectivity to their contract management lifecycle from within their Microsoft 365 ecosystem. We are pleased that ConvergePoint has chosen Microsoft Teams as the platform for this new AI-driven search feature to help customers quickly and easily find contract documents, and we look forward to seeing how it is received in the marketplace.”

About ConvergePoint
ConvergePoint (https://www.convergepoint.com) is a leading provider of regulatory compliance software on the Microsoft SharePoint platform. The company offers a full line of software applications available in Microsoft AppSource to help organizations across all industries with contract management, policy and procedures management, incident management, and conflict of interest disclosure.

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