Pramata Reviews

I found the implementation process to be the smoothest I've experienced so far. The Pramata team are very organised and available for all our queries.

Not much there to complain about :) we are still in implemenation phase

we always struggled to find key terms in a contract. Pramata gives us the ability to see documents organised by parent child relationship, the text search function is perfect and we have a snapsot of key metadata that can help us in our reproting and stay on top of renewal dates.

The sales and onboarding process was seamless! What we were sold was reality when getting into the platform. The implementation team worked hard to get us up and running much faster than their original timeline quoted.

We are a small business - Pramata seems to be geared towards larger companies, so we had to reiterate a few times that we don't need to follow their traditional implementation experience. We did not need as much hand-holding as they are used to so they seemed a little thrown off by this.

Identifying upcoming renewals and renewal term notice periods.

Product continues to improve and add more features making it more intuitive and helpful for our business. Support with Pramata is so quick and responsive.

Salesforce integration had a few hiccups at the start of building the custom integration, but support worked with us to create a workflow better than imagined.

As a product of multiple company mergers, Pramata provides a central place to store & search historical and current contracts from various business entities.

What I like best about Pramata is their knowledgeable and friendly team. They quickly learn and understand the business, allowing them to build swiftly functionality to accommodate our needs. They are responsive, insightful and deliver quick results.

NOTHING! Pramata has met our needs in a timely and accurate manner.

Pramata is solving our ability to quickly query unique terms across all of our contracts without relying on opening PDF documents and manually completing this task. They are building parent/child relationships (Contracts/amendments) to understand the contract journey. They are building unique techniques to support our unconventional contracts (value-based agreements). Pramata is also aiding in our ability to report and query specific terms and offerings within our contracts.

Pramata creates an easy-to-use repository to store, find, and analyze contracts in one place. It also allows for storing template agreements in one place. The automatic digitization of agreements and tagging key terms saves countless hours manually searching contracts.

So far the system has been great. The only downside I have noticed so far are some limitations in creating custom reports, but I have not had any difficulty finding what I need.

We are solving the problems of competing templates, inconsistent naming and storage of contracts, and the ability to track contract renewals. We are eliminating manual processes and saving time across teams.

Pramata takes the pain out of contract research. Having contracts digitized with key terms easily accessible and searchable makes a world of difference. In a matter of minutes, our team can get a view of an account and know what the red flags are. For legal, billing and renewals teams, it adds tremendous value. The Pramata team is very attentive and responsive--it's a true partnership!

Sometimes it can take some back and forth to resolve exceptions, but that's because Pramata is thorough.

We use Pramata as a document repository and source of truth re: what's in the contract. It allows us to run periodic audits against our invoicing to see if we have errors where billing is out of sync with the contract. It makes contract research for renewal negotiations or billing disputes quick and easy, with documents standardized, sorted and at your fingertips.

I like the ongoing innovation, speed, and customer support. The human element plus AI makes this solution practical and extremely accurate. Using Pramata, I always know what my customers own, under what terms, the price they agreed to pay, and where we can grow revenue.

Nothing, Pramata is always innovating. In fact, they recently unveiled the Voyager platform that is greatly improving our understanding of every relationship across our portfolio.

Pramata is the only solution that gives us a real-time view into our customer relationships across our entire portfolio. It’s the real thing

Pramata provides the governance and legal architecture to ensure that all Novelis contracts are carefully drafted, properly authorized, executed, summarized and converted into normalized contract data. And they provide the analytics so we can understand our relationships and better serve our customers.

I really like (and rely) on the email reminders – it’s nice to have them pop-up in my email rather than having to go to the Pramata platform to access them.

While I appreciate that the customer success team has monthly meetings with me, it’s just overkill. They can just send me the PDF and meet as needed.

Pramata is so easy to use and the information they extract is really helpful for running a wide variety of reports! When you get new employees, it’s a very simple platform to train on and for others to use too.

I’ve been here 3 years and during that time Pramata has helped me eliminate internal errors and meet deadlines. Instead of relying on business people to meet deadlines, I’m able to remind them of those deadlines. We’ve saved hard dollars and time.

I like the family tree view of contracts and the organization of the key terms into categories so it’s easier to make sense of what’s in a contract and skip to the relevant terms I am looking for.

The good news is that Pramata has a very systematic approach to intake and normalize data from our contracts. I like this because we can count on and trust the process. The downside is that for reporting, the information captured is at the document level. I would like to see reporting at an account level. Pramata is great for reporting down to a granular document level, but creating an executive summary for a particular account is hard. I’ve been told this is solved in the new Voyager platform.

A lot of time and effort needs to be spent on the front end blueprinting the data model that will be best for your company. Pramata has a lot of best practices for data models. Make sure the data model you choose fits your needs before you implement.

Pramata is a much better repository than what we had previously. Just knowing how many and what contracts we have and seeing them in an organized fashion has been of tremendous value. Also the ability to report across key terms helps multiple departments across the organization to manage contractual obligations and compliance.

Pramata not only gives me access to my commercial contracts, but it also allows me to quickly identify relevant terms, gain insights from those, and take action on risks found in our customer contracts. It’s easy to get to the contracts, understand what’s in them, and take action on readily available insights.

Living in today’s world of instant gratification has spoiled me, so the only area of improvement I can think of is the speed of reporting, which can take time. Considering we have 50,000 contracts in the Pramata platform, it isn’t really reasonable for the reporting to be instantaneous given the amount of computing happening across a very large data set.

Do you know what’s in your contracts? If the answer is no, you need Pramata.

Having access to customer contracts company-wide was something we didn’t have before Pramata. We are solving the blind spot we had relative to risk factors in our contracts, as we had no insight into how pervasive some terms were. As we grew by acquisition, we had contracts all over the place and we didn’t know what terms were in the contracts. We are using Pramata to identify revenue leakage, revenue opportunities and risk to revenue. An added benefit we didn’t know when we started was that Pramata is helping us prepare to move to the ASC606 accounting standard due to the accuracy of the contract information in the platform.