Persistent Systems Limited — Updates, 15-01-2025: Press Release

Persistent Systems has launched ContractAssIst, an AI-driven contract management solution in collaboration with Microsoft, leveraging technologies like Microsoft Azure and Microsoft 365 Copilot. This initiative aims to simplify workflows, enhance collaboration, and significantly reduce operational complexity for enterprises handling a large volume of contracts. The solution promotes efficiency by consolidating workflows into a centralized dashboard within Microsoft Teams, allowing for real-time collaboration and AI-enabled decision support. Key benefits include a potential 95% reduction in email communication, time savings of 20-25 minutes daily per user, and significant cost reductions through streamlined processes. This advancement aligns with Persistent's focus on innovation and partnership with Microsoft, positioning the company as a leader in delivering transformative AI solutions for contract management.