Pramata
Pramata makes contract management effortless for B2B companies, with the first contract repository as a service. The only radically simple contract lifecycle management platform that takes care of the heavy lifting.
Overview
Pramata is a contract relationship automation platform designed for legal teams and contract management professionals. The platform specializes in managing complex contracts, providing a comprehensive 360-degree view of customers, and enabling revenue optimization for businesses. Pramata's AI-driven solution helps legal practitioners streamline processes, mitigate risks, and improve negotiation strategies.
Key Features
- Deep Contract Insights: Advanced AI-driven contract data extraction and analysis.
- End-to-End Contract Lifecycle Management: Managing the contract lifecycle, from creation to renewal.
- Obligation Management: Tracking and monitoring customer obligations.
- Dispute Resolution: Identifying and addressing disputes proactively.
- Data Visualization and Analytics: Actionable insights through dynamic reporting and analytics.
Integrations
Pramata integrates well with various industry leaders including Salesforce and DocuSign. By integrating with these platforms, it becomes easier to manage contracts and customer relationships in conjunction with other sales, marketing, and communication processes.
- Salesforce: Seamless integration with Salesforce for managing customer relationships, sales, and marketing data.<br>
- DocuSign: Integration with electronic signature platform DocuSign, streamlining agreement workflows.
Use cases
- Contract Lifecycle Management: Facilitates the entire contract lifecycle process, eliminating manual work, reducing errors, and improving compliance.<br>2. Revenue Optimization: Identifies missed revenue opportunities and recovers hidden revenue through contract optimization and dispute resolution.<br>3. Risk Mitigation: Analyzes contracts and flagging potential risks or non-compliance issues. <br>4. Operational Efficiency: Streamlines processes and enables teams to focus on strategic tasks, as opposed to manual, time-consuming activities.<br>5. Negotiation and Renegotiation: Improves negotiation strategies by providing extensive insights into customer engagement history, pricing, and commitments.
Pricing model
Pramata does not publicize its pricing model on its website. Pricing Tiers: Contact Pramata for a customized quote based on business needs.
User experience
Pramata's user experience is designed for legal professionals, contract managers, and business users looking for an intuitive, easy-to-navigate solution. Ideal For: Legal teams, Contract Management professionals, Revenue Optimization teams.
Support
Pramata's customer support offerings are designed to provide a seamless experience for its users, offering dedicated support and consulting services.
- 24/7 Customer Support: Dedicated support for clients, available 24/7.<br>
- Professional Services: Consulting services offered for customers and onboarding processes.
Security and Compliance
Pramata follows industry-standard security and compliance measures, ensuring data protection and adherence to necessary regulations.
- Data Security: Robust data security and encryption practices.<br>
- Compliance: Compliant with industry standards and regulations, such as GDPR, SOC 2, and ISO 27001.
Product images
Frequently asked questions
Pramata manages a wide range of complex contracts, including sales agreements, service agreements, and procurement contracts.
Yes, Pramata has native integrations with platforms like Salesforce and DocuSign.
Pramata optimizes legal teams' efficiency by automating contract management processes, reducing risk, and offering deep contract insights.
Pramata primarily caters to mid-market and enterprise organizations in various industries, such as finance, healthcare, and communications.
Pramata does not provide public pricing details on its website. Interested parties should contact Pramata for a customized quote based on business needs.
Yes, Pramata offers 24/7 customer support for its clients.
Pramata combines AI, machine learning and industry expertise to offer deep contract insights and operational efficiency.
Pramata adheres to major data privacy regulations such as GDPR, and is compliant with industry standards, like SOC 2 and ISO 27001, to ensure data protection and compliance.
Resources
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