Pramata is the effortless alternative to slow, complex contract management. We handle all the steps that consume your time, including data entry, AI-tagging and quality checks. You get complete, organized visibility into your signed contracts, so you can confidently manage opportunities, track obligations and mitigate risk.
Our Repository as a Service (RaaS) is the first solution to combine three essential elements to give you a complete and reliable contract repository that includes:
Effortless Contract AI technology
An AI Assist Team
All-in-one search, reporting, storage and powerful analytics
Learn more about Pramata’s Repository as a Service (RaaS)
Pramata makes contract management effortless. We help you get the contract information you need in a fraction of the time it takes most contract management systems. Unlike other contract management approaches that require data entry, AI-tagging, and quality assurance, Pramata does all the work for you. We make managing your contracts radically simple.
Learn more about our approach
Yes! We understand how critical having a complete set of documents is to gain accurate visibility into your relationships. That’s why Pramata handles both legacy (historical) contracts, and we also intake all new transactions (contracts, amendments, and orders). So your Contract Repository is always current and up to date with a complete set of documentation and data.
→ Learn more about our Effortless Contract AI + AI Assist Team
No, metadata is not required. However, any metadata that allows the identification of a document by customer name, CRM Account ID, Segment, Region, Contract Owner, or other similar information may be sent to Pramata along with the documents.
All you need to do is upload your legacy contractual documents. It’s that simple. Once we receive a set of documents, our customers begin seeing value in as little as 15 days, and have complete contract visibility and access in around 30-60 days, including legacy contract migration.
You will also be assigned a dedicated Project Manager, at no additional charge, to manage the entire onboarding and deployment process.
No! Pramata requires no additional resourcing, data entry, or manual quality checks from our customers. Our integrated team of attorneys and data scientists is the secret to making contract AI effortless.
Our experts have rich contract experience that spans various industries and verticals—combined with our data scientists, who have extensive backgrounds in Natural Language Processing (NLP) and Machine Learning.
Our AI Assist team complements our technology by managing exceptions and ensuring accuracy…so you don’t have to.
→ Learn more about our Effortless Contract AI + AI Assist Team
Documents can be transferred to Pramata via Secure File Transfer Protocol (SFTP) or via a secure web based upload interface that Pramata would set up specifically for your organization. If documents are currently stored in a legacy system and not easily downloadable, you can also leverage our API.
→ Learn more about Pramata’s advanced security features.
Pramata looks for 80+ different data points from every contractual document, including the most standard items such as:
Effective Date
Title
Account Name
Non-Renewal Notice Date
Contract Status
Legal, Financial, and Operational obligations that can be buried inside of contracts (such as Limitation of Liability, Assignment, Price Increase, Offshore Restrictions).
Regardless of whether the obligation is standard language or negotiated, or it’s buried inside a footnote on Page 45, Pramata’s unique approach finds and classifies these concepts with 99%+ accuracy.
→ To see a full list of clauses, terms and obligations, sign up for a demo today.
Yes! Our customers are alerted in advance via email of upcoming renewals or expirations. Since our Effortless Contract AI technology calculates the Non-Renewal Notice Date for every contract, alerts are proactively sent in advance of this date vs. the Renewal / Expiration Date so you can proactively engage your customers and never miss a renewal.
Yes! It’s as simple as one click to see all the contracts that are renewing/expiring across your entire customer portfolio. Reports can be customized to look for renewals or expirations by a specific date range or based on other criteria (such as fixed-term contracts vs. auto-renewing contracts).
Yes! RaaS is built for legal contract experts and non-experts alike—with secure, self-service contract access and visibility across the business:
→We seamlessly integrate directly into CRM so Sales users can quickly find the contracts and data they need!
Yes! Our “No Code” CRM Integration comes standard with every subscription and we offer more advanced API’s for enterprise customers if they’re looking to leverage our data for downstream processes.
Yes! Our eSignature integration comes standard with every subscription and we can seamlessly integrate with most eSignature tools in the market, including DocuSign.
We’re ISAE3402, SOC 2 compliant. We do regular penetration testing and haven’t had a single breach in the history of the company. Our security controls have been verified and vetted by some of the largest Fortune 500 companies in the world, including customers in software, telecom, life sciences, and financial services. We partner with Amazon Web Services (AWS) for our US-hosted platform.
→ Visit our Security page to learn more.
Our transparent subscription pricing comes in at 70% lower total cost of ownership than other approaches available, when you factor in hidden resourcing and licensing fees.
→ Sign up today to speak to one of our Sales Reps and learn more about our pricing.
No! But instead of us doing the talking, find out what our customers have to say about Pramata.
We would love to show you how we can make managing your contracts effortless. Get a demo.