Identify and Manage Risk with Contracts Intelligence

Illuminate Risk Management Blind Spots

Executives are under increasing pressure to effectively manage risk. Despite being inundated with financial, sales, and business intelligence software, companies still have a critical blind spot - executives still do not have a complete  picture of their company's contractual exposure. To ensure informed decisions, executives need  detailed visibility into complex sales, partner, and supplier relationships.

Gain a Real-time Understanding of Contractual Exposure

The complexities of contractual arrangements and the difficulties associated with accurately tracking this information leave companies with critical blind spots when creating a global risk management strategy. Currently, it is nearly impossible for executives to gain a complete and meaningful understanding of the current state of their global contractual commitments without undertaking costly projects. This key blind spot exposes companies to the significant revenue, regulatory, and reputational risks associated with contractual non-compliance.

Pramata Contracts Intelligence On-Demand gives your company the detailed, accurate and up-to-date intelligence necessary to analyze contractual exposure and manage risk.

Eliminate Systemic Risks Associated With Unreliable Data

Across departments, companies rely on contractual information to make critical decisions on a daily basis. Lacking a centralized and easily accessible source of clean, accurate, and normalized intelligence from contracts, individual departments resort to ad hoc methods of tracking contractual commitments. These disparate processes often result in multiple interpretations of the same commitments, creating unnecessary and systemic risk throughout your company.

With Pramata Contracts Intelligence On-Demand, your company has a comprehensive, reliable, and up-to-date "single version of the truth" for understanding complex contractual commitments. The result: better and more informed decisions at every level.

Ensure Compliance With Company Policies

Don't wait until a crisis to find out well-thought-out internal contracting policies are not being followed; verify compliance with real-time analysis of critical terms. With Contracts Intelligence On-Demand, gain immediate visibility into executed agreements – regardless of complexity - to recognize trends in individuals and regions making risky commitments, offering unusual discounts, and agreeing to non-standard terms.

Identify And Manage Outliers In Your Commitments

Standard contracting policies can be effective for some of your customers, but a company's most valuable customers often require exceptional contractual terms. Immediately pinpoint the unique "outlier" commitments that can have risk, compliance, and operational ramifications for your business, and track them over time.