Pramata is a contract lifecycle management (CLM) company that helps businesses streamline the process of creating, negotiating, and managing contracts. The company was founded in 2005 by Praful Saklani, and is headquartered in Brisbane, California. They cater to several industries, including but not limited to, telecommunications, technology, healthcare, and financial services. Their unique value proposition lies in the digitization and management of commercial relationship data, especially contractual data.
Their technology involves a blend of proprietary software and human oversight to digitize and manage the data extracted from contracts. This combination allows them to maintain high levels of accuracy and relevance in the information presented to their clients. With Pramata, you get an organized, accurate digital contract repository with contract migration included; powerful contracting insights, KPIs and reporting; best-in-class global search; visibility and transparency across all inflight contracts; deal acceleration with a centralized request portal and faster, easier workflows; and automated renewal calculations, alerts and dashboards.