More informed billing and customer renewals
Pramata’s Colocation solutions leverage our innovative digitization-as-a-service (DaaS) capabilities to transform all of your commercial documentation—MSAs, amendments, order forms, and more—into an always up-to-date, accurate record of the latest contracted terms. We then map these terms to the appropriate records in your sales and billing systems, so your teams can easily understand which terms apply to which records.
The Pramata solution automatically updates the information daily and assures quality, so you can know your product renewal dates, maximize cost pass-throughs, bill confidently, use escalators and ramps to improve sales negotiations, and more—all while knowing your team has the right information at the moment they need it.
Pramata for Colocation Services in Action
Stop potential leakage and jumpstart revenue
With Pramata, colocation companies can target and eliminate widespread revenue leakage by applying accurate, actionable data at every revenue event across your portfolio. By proactively informing these regular activities—such as renewals, price increase opportunities or renegotiated SLAs—they become immediately more profitable and automatically optimized to grow customer lifetime value (LTV)..
Simplify entitlements management and billing reconciliation
Provide billing teams with a simplified single view into all active entitlements and SLA terms. Determine what percentage of customers are being over- or under-billed and take action to remedy the discrepancy.
Maximize contracted pricing variables
In this competitive market, every revenue moment counts. Gain visibility to all of your commercial contracts and terms, seeing exactly where you can apply cost pass-throughs, use escalators or ramps appropriately in sales negotiations and capture the full value of each relationship.
Improve renewal management and execution
Knowing your product renewal terms can make a huge difference in revenue assurance. Use Pramata to identify and make strategic decisions between co-termed or staggered renewals depending which is more revenue beneficial based on your own business and processes.
Boost sales process productivity
For a decentralized sales renewal process, Pramata’s single source of commercial relationship “truth” drastically simplifies and speeds up the search for the commercial relationship data your team needs to engage in upsell, cross-sell activities that directly impact LTV.