AI DESIGN STUDIO

The power of contract AI under your control

The future is here. Generative AI has changed the game. And what sets Pramata’s intuitive AI Design Studio apart is your ability to use it to customize the platform to your business’ specific needs without being an AI expert. 

Pramata’s AI Design studio gives you the power of generative AI directly in the Pramata platform. Easily create AI-ready playbooks to automate and streamline redlining and review. And let your imagination run wild by configuring your very own contract insights–giving Pramata users, across your business, the power to leverage valuable contract data that was once locked within your contracts. With the AI Design Studio the possibilities are endless, and the results come in minutesnot weeks, months or years. 

PLAYBOOK CREATOR

Quickly create AI-ready playbooks in minutes, not days

Uniform negotiations, contract best practices, de-risking every commercial relationship. 

It all starts with your contract playbook. Without a contract playbook, everyone’s playing by different rules and reinventing the wheel each time they work on a new contract. Pramata’s AI Design Studio takes the time and effort out of creating your company’s contract playbook, or even multiple playbooks for different types of contracts, with our Playbook Creator. 

Playbook Creator Features: 

 

Using a contract template or an example of an ideal contract, the Playbook Creator creates rules and logic to guide future negotiations. The result is a playbook that reflects “what excellence looks like” for contracts at your organization, and the ability to use Pramata to identify contracts that don’t align, and fix them. 

  • Auto-detects your organizations’ most important key provisions and clauses
  • Uses natural language “interview” questions to understand the key levers that matter to you in a negotiation
  • Can create separate playbooks for negotiations with customers, partners, vendors and more
  • Generates a first draft of preferred, fallback and restricted positions for each Provision and Clause

Do more with your contract playbook!

With Pramata’s Redlining Plugin for MS Word, you can automatically compare any contract against your playbook to identify areas of compliance or risk, and how to address terms that don’t meet your company’s standards.

PROVISION, CLAUSE & TERM MODELER

Standardize what you cover in every negotiation

Every contract has provisions, clauses and terms. But they don’t always look the same or use the same words or appear in the same places. Pramata’s Provision, Clause & Term Modeler within the AI Design Studio makes identifying these important contract components effortless—even when they aren’t uniformly written. You describe what’s important in plain English and the Modeler captures the meaning, not just the exact words. This intelligent capability means you get accurate contract analysis that can account for each provision, clause and term, regardless of the exact wording or format they appear in. 

Once configured, the Modeler uses the MS Word Add-In to recognize key Provisions in a contract, and the underlying Clauses that may be scattered across the document, regardless of what form they take. It’s like teaching the system your business’s “contract DNA” which it then uses to identify patterns across all your agreements.

INTEGRATION HUB

Connect your contract data to the systems you use everyday

Make Pramata even more powerful by connecting your existing tech stack to your organization’s contract data. Our user-friendly integration connections requires only minimal involvement from your IT team, and allows you to: 

  • Seamlessly connect Pramata to external applications and services through a centralized module in the Admin Console
  • Set up the most popular integrations using an intuitive, step-by-step wizard approach, minimizing the need for IT involvement.

INSIGHT BUILDER

Unlimited insights.
Unlimited value.

Put contract data to work for your business.

There’s no limit on the type or number of insights you can draw from your entire contract repository. But one size doesn’t fit all, which is why Pramata’s AI Design Studio gives you both out-of-the-box insight templates to quickly drive value at your organization and the tools you need to customize your own insights to extract value from every contract. Once a Pramata Admin creates a Contract Insight, any Pramata user in your organization can run that Insight across all your contracts to pull the intelligence they need.

Vendor Insight Examples

  • Compare Invoices to Contracts
  • Identify Duplicate Vendors
  • Analyze Products & Pricing

Customer Insight Examples

  • Identify Price Uplifts or Cost Passthrough
  • Manage Purchase Commitments
  • Improve Chargeback Accuracy