Customer stories

Product Business Settings

Pramata is popular in Information Technology And Services, Computer Software, and Sports industries and is widely used by Large Enterprise, Enterprise.

Pramata Product Overview

Pramata offers a uniquely simple contract management system designed for ease of use across various business teams. Its standout feature is the Enterprise Grade Contract AI, which effectively manages contracts, making it accessible for every Contract MVP. This platform simplifies the contract management process, reducing complexity while maintaining powerful functionality. Pramata's approach ensures that businesses can efficiently handle contracts without the typical complications associated with similar systems. The system's AI capabilities provide a reliable solution for managing contracts, offering a practical alternative to more complex contract management tools.

How satisfied the customers are with Pramata use-cases

Reviews

"With Pramata, McKesson can check whether a customer's annual purchase commitment is on track to be met by the end of the year. This improvement alone has enabled the company to recapture millions of dollars in revenue." - Danielle Hannifin
"Pramata serves as a lynchpin, central to informing and optimizing our global operations." - Bill VanCuren

Pramata Customer Insights, Testimonials and Case Studies

How does Pramata address your Contract Management Challenges?

How does Pramata address your Social Media Analytics Challenges?

How does Pramata address your Engagement Management Challenges?

What is Pramata?

Pramata makes contract management effortless by handling all the steps that consume time, including data entry, AI-tagging, and quality checks. Complete, organized visibility into signed contracts, assisting in the confident management of opportunities, tracking obligations, and mitigating risk through the use of simple contract AI technology, an AI-assisted team, and all-in-one search, reporting, storage, and powerful analytics.

Its features include Automating the contract lifecycle with easy-to-set up workflows and request forms with a powerful contract repository to centralize the contracts, search for key terms, and enable secure access directly from CRM. Revolutionizing contract management through human-assisted AI, powerful integrations, and so on.

What is Pramata used for?

Pramata is a Contract Management Software mainly used by its customers to Enhance Customer Relationships and Increase Sales & Revenue by Contract Management, Digital Signature and Capturing Leads .

What are the top features of Pramata?

Calculator, Alerts: popups & Notifications and Auto renewal are some of the top features of Pramata.

Who uses Pramata?

Pramata is used by Information Technology And Services, Computer Software and Sports among other industries.

What are Pramata alternatives?

ContractWorks, ContractSafe, CobbleStone Contract Insight and ContractZen are popular alternatives for Pramata.

Where is Pramata located?

Pramata is headquartered at Brisbane, CA.

16 buyers and buying teams have used Cuspera to assess how well Pramata solved their Contract Management needs. Cuspera uses 1332 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific Contract Management needs.

CUSTOMERS TESTIMONIALS
Pramata testimonial

Danielle Hannifin

VP, Accounting & Controllership

McKesson

With Pramata, McKesson can check whether a customer's annual purchase commitment is on track to be met by the end of the year. This improvement alone has enabled the company to recapture millions of dollars in revenue. Testimonial By Danielle Hannifin
Pramata testimonial

Bill VanCuren

SVP and CIO

NCR

Pramata serves as a lynchpin, central to informing and optimizing our global operations. Testimonial By Bill VanCuren
Pramata testimonial

Jayne Rothman

Senior Vice President, General Counsel & Secretary

Vertafore

We now have a shared, centralized and real-time version of truth regarding our commercial relationships. Critical contract data that once took several hours, or even days, to locate and assess is immediately available at our fingertips. Testimonial By Jayne Rothman
CUSTOMERS TESTIMONIALS
Pramata testimonial

Danielle Hannifin

VP, Accounting & Controllership

McKesson

With Pramata, McKesson can check whether a customer's annual purchase commitment is on track to be met by the end of the year. This improvement alone has enabled the company to recapture millions of dollars in revenue. Testimonial By Danielle Hannifin
Pramata testimonial

Bill VanCuren

SVP and CIO

NCR

Pramata serves as a lynchpin, central to informing and optimizing our global operations. Testimonial By Bill VanCuren
Pramata testimonial

Jayne Rothman

Senior Vice President, General Counsel & Secretary

Vertafore

We now have a shared, centralized and real-time version of truth regarding our commercial relationships. Critical contract data that once took several hours, or even days, to locate and assess is immediately available at our fingertips. Testimonial By Jayne Rothman

Verbit - Information Technology And Services - Medium

Pramata's Contract AI helped Verbit complete contract tasks up to 8x faster. The legal team now uses AI-powered clause extraction to cut review time from 45 minutes to 5 minutes. Verbit can analyze l...egacy contracts during M&A and automate redlining and amendments. Salesforce integration gives sales teams self-service access. The solution improved contract visibility and reduced manual work.

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Catholic Health - Hospital & Health Care

Pramata helped Catholic Health move from an old contract lifecycle management system. The migration was smooth. Catholic Health now uses Pramata for contract management. The new system makes their wo...rk easier. They did not face problems during the switch. The platform supports their daily needs.

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McKesson - Pharmaceuticals

McKesson used Pramata to manage contracts and recapture lost revenue. The platform helped McKesson organize contract data. This led to better revenue recovery. Pramata supported McKesson in improving... contract management processes. The case highlights success in using Pramata for revenue recapture.

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ICE Data

Pramata helped ICE Data improve contract management. ICE Data used Pramata's platform to organize and manage contracts. The solution made contract processes easier. ICE Data reached better contract c...ontrol. The story shows how Pramata supports contract management success.

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Health Data Analytics Provider - Health, Wellness And Fitness - Large

Pramata helped a large health data analytics provider cut contract search time by 80%. The company faced challenges with scattered contract data and slow sales processes. Pramata centralized contract... information and integrated it with Salesforce. This improved account planning, sped up account transfers, and made divestitures faster. The solution enabled dynamic reporting and daily data updates for better business performance.

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Lytx - Information Technology And Services - Large

Pramata helped Lytx digitize over 50,000 contracts, centralizing data for 4,000+ customer accounts. Lytx improved contract visibility and data reliability, enabling proactive management of renewals a...nd better customer support. The solution replaced manual processes, saving time for sales and operations teams. Lytx can now reevaluate product bundling and pricing, and deliver a more efficient customer experience. Pramata's platform supports Lytx's rapid growth and high service standards.

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Pramata's Contract Management Platform Overview

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Peers used Pramata for contract management and digital signature

Pramata Features

  • Low
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FEATURE RATINGS AND REVIEWS
AI Powered

4.51/5

Read Reviews (128)
Analytics

4.65/5

Read Reviews (71)
Custom Reports

4.07/5

Read Reviews (90)
CAPABILITIES RATINGS AND REVIEWS
AI Powered

4.51/5

Read Reviews (128)
Analytics

4.65/5

Read Reviews (71)
Custom Reports

4.07/5

Read Reviews (90)

Software Failure Risk Guidance

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for Pramata

Overall Risk Meter

Low Medium High

Top Failure Risks for Pramata

Pramata Corporation News

Product
 

Contract Intelligence Extension for Claude Cowork Legal | Pramata

Pramata has launched a contract intelligence extension compatible with the Claude Cowork Legal plugin. This extension provides enterprises with comprehensive commercial relationship context within AI-powered workflows, enhancing contract negotiation, drafting, and review processes. It offers unified visibility across contract portfolios, aligning documents by precedence and integrating negotiation playbooks, enabling data-driven decisions across business functions.

Product
 

Legaltech Rundown: Pramata Releases Extension for Anthropics Legal Plugin, LexisNexis Announces Tolley+ With Protg, and More - Law.com

Pramata has released an extension for Anthropics Legal Plugin, enhancing its contract management capabilities within the legal tech market. This update is part of a broader trend of product launches and partnerships in the industry, highlighting Pramata's commitment to innovation in legal technology solutions.

Product
 

Pramata Launches AI Negotiator, Reducing Time Spent on Contract Tasks by 50% - Yahoo Finance

Pramata has launched AI Negotiator, an artificial intelligence-powered contract negotiation tool designed to automate redlining and review processes within its contract management platform. The solution reduces time spent on contract tasks by up to 50%, enabling legal and sales teams to accelerate deal cycles and minimize manual effort. AI Negotiator integrates with Pramatas existing contract management system, offering advanced automation for enterprise contract workflows.

Product
 

Pramata Launches AI Negotiator, Reducing Time Spent on Contract Tasks by 50% - CPA Practice Advisor

Pramata has launched AI Negotiator, a contract AI solution integrated with Microsoft Word, aimed at reducing contract processing time by 50%. It offers intelligent document comparison, historical negotiation insights, and automated redline suggestions. The tool enhances legal teams' efficiency by providing seamless integration and compliance automation, enabling faster contract negotiations without disrupting workflows.

Pramata Corporation Profile

Company Name

Pramata Corporation

Company Website

https://www.pramata.com/

HQ Location

Brisbane, CA

Employees

251-500

Social

Financials

SERIES A