Contract Management

 

Greater visibility by design

 

MAJOR OPPORTUNITIES ARE BURIED IN YOUR COMPLEX CONTRACTS

Where are my contracts for this customer? Where have we made non-standard commitments? Are there terms that will impact my revenue? Or my revenue recognition? Are we in compliance with all pricing guarantees and MFNs? Many of the world’s largest companies can’t answer these questions because the answers aren’t located in one place. The critical information that comprises the complete answer are potentially buried in complex contracts as well as across a multitude of systems.

Without secure, timely access to this critical commercial relationship data, your team either wastes time searching for critical information or misses significant revenue or potentially damaging legal or business risks. Imagine if you had complete insight and it were immediately available to sales and finance teams, you’d be able to:

  • Improve operational effectiveness

  • Strengthen internal controls and risk management

  • Accelerate and increase customer profitability

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Contract Management Overview
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Case Study: FICO
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WHY PRAMATA FOR CONTRACT MANAGEMENT?

Pramata closes the data gaps in your business process by automating the digitization, normalization, and quality control of data from contracts and existing business systems

 
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Integrated, full solution. Only Pramata does all the data management for you, integrating ongoing contract information, potentially with data from key external systems, into one robust, smart repository for a complete contract management solution.

Always up-to-date and accurate.  Our customers always have clean, up-to-date data with a 48-hour SLA on digitization and greater than 99% data accuracy.

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Centralized visibility.  At last, give leadership a unified, detailed view into their entire portfolio of commercial relationships. Ensure on-demand accessibility with a programmatic, portfolio-based approach to managing contracts.

Portable enablement.  End the data hunting. Make sure everyone has the right information, in the right place, at the right time by embedding contract data and documents within users’ familiar environment—in their CRM, CPQ or other business system.

 
 

PRAMATA FEATURED 

CONTRACT MANAGEMENT SOLUTION APPS

 
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Contract Repository

Digitize and centralize all customer contracts, amendments and SOWs

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Regulatory & Pricing Compliance

Quickly provide finance, sales ops and compliance teams with complete view into new customers

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Renewal Manager

Consolidate and present timely data to identify and address renewal opportunities, promoting proactive planning to address renewal needs

 
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Contract Risk Scoring

Systematically quantify risk within your customer relationships based on the impact contractual terms and obligations have on the business

Legal Research

Enable efficient ad-hoc legal research