The MIM Software legal team, led by GC Alex Jorgensen began its quest for a contract modernization around 2020, and at first Google Drive seemed like a good way to go. After two years of muddling through this method, Alex was once again looking for a better solution to MIM’s contract management challenges. That’s when Alex heard about Pramata.
Never miss a renewal again.
Pramata is the only solution that calculates contract renewal dates and puts terms right at your fingertips, so you can stop searching through contracts and stay ahead of every renewal. Monitor active contracts on one simple dashboard. Set email alerts for your sales, finance, legal and procurement teams, so they always know when a contract is up for renewal.
Accurate renewals, minus the effort
Pramata’s best-in-class approach takes care of cleansing and organizing your contracts, so you don’t have to worry about wrong or missing data. Even if a contract is amended or renegotiated, you can depend on the renewal details in your contract repository.
Empower the teams with self-service renewal insights right in CRM
With Pramata, self-service means everyone across the business can find the contracts they need without asking Legal, and without leaving your CRM. Sales executives and account managers have the ability to answer customer questions instantly and complete renewals without roadblocks.
Easily run reports on upcoming contract renewals & expirations
View your list of contracts in order of their end dates and use report filters to keep on top of details like initial start dates, term types, what triggers a term, and the type of renewal. Customize reports for account type, contract type (such as fixed-term contracts vs. auto-renewing contracts), date ranges, products, and other contract details.
Renewal Management for every Contract MVP
Empower sales teams to make renewals customer-centric and profitable.
Proactively understand renewals and opportunities for improving commercial terms.
Understand the terms of your renewals to get the best business outcome every time.
Never miss another vendor contract auto-renewal with the only system that calculates renewal dates for you.
On the Blog...
Pramata CEO Praful Saklani explains why clean contract data is a critical component of effective generative AI implementations and shares his thoughts on how the groundbreaking technology is changing the game for legal professionals.
A surprising number of tech implementations fail. Whatever the reason, it’s rare for customers to report a truly positive and uneventful implementation experience. Rare, that is, unless you have the Pramata platform. Nick Schultz, Pramata Customer Success Manager shares 5 ways Pramata makes it radically simple to get up and running fast!
Discover a better way to manage your contracts.
See the radically simple contract management solution that has been trusted and vetted by some of the largest companies in the world for over 15 years.