Pramata vs Summize Comparison

85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Pramata

Contract Management Software

4.9 38 user ratings

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91% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Summize

Contract Management Software

4.9 20 user ratings

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Overview

Description

Pramata is a digital contract management platform that makes contract administration for B2B firms simple with the world's first contract RaaS (Repository as a Service). It enables businesses to manage opportunities, obligations, and risks in signed contracts in an efficient and accurate manner. Pramata is the only solution that combines three critical components to provide you with a single, dependable, and practical contract repository: an AI Expert Assist Team, powerful AI technology, and all-in-one storage, search, reporting, alerts, and analytics. It eliminates the need for data entry, data validation, or AI tagging. It provides businesses with secure, self-service access and visibility across the organisation. Users get version controls, auto extraction, milestone tracking, and full text search with Pramata. It further enables document management, lifecycle management, and contact management to ease up the workload of the user. Furthermore, it can easily be integrated with many e-signature and CRM applications like DocuSign, Adobe Sign, Salesforce, and Microsoft Dynamic 365 to facilitate easy functioning of operations. Read more

Summize is a contract management software that makes contract inspection, creation, and maintenance simple for legal teams, no matter where they work. It's conversational software that speeds up contract procedures, reveals contractual insights, and generates rapid summaries to help lawyers and their clients. Summize provides rapid summaries, allowing you to complete your contract review process up to 85 per cent faster. It quickly retrieves the most important details from your contract. You may write contracts in Word, and it will speed up the process by pulling provisions and conditions from your playbook to generate a new contract that is thorough and cohesive. You may quickly specify crucial phrases and information with the define tool. Run health checks to see if there is any legal concern. You can answer contractual questions without having to consult your legal team as it gives you insight into your contact. With its contact calendar, you'll never miss a deadline. Additionally, you may also use its software to manage, analyse, summarise, or manage the contract's lifecycle. Summize provides all of this and more. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

83%
Reviews

80%
Momentum

66%
Popularity

80%

91% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

90%
Reviews

86%
Momentum

70%
Popularity

86%

Features

Total Features	10 Features	12 Features
Common Features for All	Approval Workflow Allows to route the documents to one or multiple people for seeking their approval Auto Extraction Helps in conducting auto scanning of data and extract the required piece of information from a contract document Buy Side (Suppliers) Helps managing contracts of firms that buy investment services like securities Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc. Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement Contract Templates Provides ready-made beautiful templates for writing different types of contracts Document Management Ability to store and manage various information and documents in electronic format. Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database. Government Contracts Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal. Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track. Sell Side (Customers) Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed. Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time. + 7 More - Show Less	Approval Workflow Allows to route the documents to one or multiple people for seeking their approval Auto Extraction Helps in conducting auto scanning of data and extract the required piece of information from a contract document Buy Side (Suppliers) Helps managing contracts of firms that buy investment services like securities Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc. Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement Contract Templates Provides ready-made beautiful templates for writing different types of contracts Document Management Ability to store and manage various information and documents in electronic format. Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database. Government Contracts Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal. Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track. Sell Side (Customers) Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed. Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time. + 9 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.9/5 38 user ratings	4.9/5 20 user ratings
Rating Distribution	Excellent 92.1% Very Good 5.3% Average 0% Poor 2.6% Terrible 0%	Excellent 90% Very Good 10% Average 0% Poor 0% Terrible 0%
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Pramata Custom	Summize Custom
	View Detailed Pricing	View Detailed Pricing

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