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Pramata

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Last updated on

Company health

Employee growth
7% increase in the last year
Web traffic
51% decrease in the last quarter
Financing
June 2015 - $10M

Ratings

G2
4.7/5
(29)
Glassdoor
4.1/5
(347)

Pramata description

Pramata is a contract management platform designed for large businesses. It uses AI to extract important information from your contracts and keeps them organized and accessible. It helps you easily find details, track deadlines, and manage renewals. Pramata aims to simplify complex contracts and reduce manual work, giving you better control and visibility into your agreements.


Who is Pramata best for

Pramata is an AI-powered contract management solution designed for large enterprises with complex contract needs. Users praise its ease of use, excellent customer support, and seamless integrations. However, some have noted slow response times for reporting and initial setup. Pramata helps streamline contract lifecycle management, offering comprehensive data extraction and organization. It's ideal for businesses seeking improved control and visibility over their agreements.

  • Best for medium to large enterprises (1000+ employees).

  • Suitable for businesses across all industries.


Pramata features

Supported

Pramata offers an AI-driven contract repository that makes all contract details readily available.

Supported

Pramata streamlines contract lifecycle management with features like centralized requests and custom workflows.

Supported

Pramata's AI knowledge engine facilitates easy migration of contract data from diverse sources.

Supported

Pramata offers seamless integration with Salesforce, providing access to contract data within the Salesforce environment.

Supported

Pramata integrates with various other systems to ensure data consistency.

Supported

Pramata's AI Design Studio empowers users to customize the platform with generative AI and build AI-ready playbooks.

Supported

Pramata utilizes generative AI to personalize the user experience.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+1

Ease of Implementation

Rather positive
+0.33

Pramata reviews

We've summarised 29 Pramata reviews (Pramata G2 reviews) and summarised the main points below.

Pros of Pramata
  • Easy to use and navigate.
  • Excellent customer support, very responsive and helpful.
  • Seamless integration with Salesforce and DocuSign.
  • Comprehensive contract data extraction and organization.
  • Automated reminders and notifications.
Cons of Pramata
  • Slow response times, especially for reporting.
  • Some difficulties with document identification due to similar titles.
  • First generation portal can be slow.
  • Reporting output capabilities can be limited.
  • Initial setup and configuration can be time-consuming.

Pramata pricing

The commentary is based on 1 reviews from Pramata G2 reviews.

Pramata's pricing is not directly discussed in the available reviews. However, the value derived from improved billing accuracy, revenue leakage identification, and sales effectiveness suggests a positive return on investment, despite the initial setup effort. Consider Pramata for contract management and revenue optimization if these benefits align with your budget priorities.

See the Pramata pricing page.


Pramata alternatives

  • Logo of ContractHero
    ContractHero
    AI contract management: Secure, automated, and saves you time.
    Read more
  • Logo of Zeal
    Zeal
    Offline API documentation browser for faster coding.
    Read more
  • Logo of Contractzy
    Contractzy
    AI contract management: Automate, track, and manage with ease.
    Read more
  • Logo of ContractPodAi
    ContractPodAi
    AI-powered contracts: smarter, faster, less risk.
    Read more
  • Logo of Ironclad
    Ironclad
    Digital contracting platform automating and streamlining agreements.
    Read more
  • Logo of Volody CLM
    Volody CLM
    AI contract lifecycle management: automation, efficiency, and insights.
    Read more

Pramata FAQ

  • What is Pramata and what does Pramata do?

    Pramata is an AI-powered contract management platform for large businesses. It uses AI to extract key information, track deadlines, and manage renewals, simplifying complex contracts and reducing manual effort. This provides better control and visibility into agreements, improving efficiency and reducing risk.

  • How does Pramata integrate with other tools?

    Pramata integrates with Salesforce, providing access to contract data within the Salesforce environment. It also integrates with various other systems to ensure data consistency and offers seamless integration with DocuSign. More details on specific integrations are not publicly available.

  • What the main competitors of Pramata?

    Top Pramata alternatives include ContractPodAi, Ironclad, and Volody CLM. These platforms offer similar AI-powered contract lifecycle management capabilities, including automation, data extraction, and analytics. For simpler needs, ContractHero and Contractzy are viable options.

  • Is Pramata legit?

    Yes, Pramata is a legitimate contract management platform. It's known for its AI-powered features, Salesforce integration, and excellent customer support. However, some users have reported slow response times and initial setup challenges. For more information, visit reputable software review sites.

  • How much does Pramata cost?

    Pramata does not publicly share pricing details. Contact their sales team for a customized quote based on your specific needs and to determine if the product's value aligns with its cost.

  • Is Pramata customer service good?

    Pramata's customer service receives positive feedback, with users highlighting excellent support, quick responses, and helpful solutions. The team is praised for its responsiveness and proactive problem-solving, contributing to a smooth implementation process.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.