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Pramata Reviews & Product Details

Verified User in Pharmaceuticals
AP
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Pramata?

User access is fairly easy and straightforward to manage both new users and users that have been disabled due to lack of use. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

The Search Across Platform does not find all the documents (because it doesn't search the Company Group Name???). Having to use another tool to upload these documents into Pramata doesn't make sense and adds unnecessary work. It is slow to respond when working in it. The reporting is incomplete and is very hard to work with, and doesn't provide all options we need to report. The process of 'mapping' is difficult and time-consuming. Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

It should make it easier for users to find contracts for their area. A single repository for contracts and related documents. Review collected by and hosted on G2.com.

Response from Lauren Ruff of Pramata

Thank you for your honest feedback. Our Search feature, especially by Company Group or Account Name is at the core of our user experience. And we are deeply concerned it is not working to your satisfaction. Over the past year we have been transitioning our long-standing customers to our new, intuitive user experience and Voyager platform, which specifically includes the easy-to-use search features you've described.

If you are on the Voyager platform and are still experiencing these challenges, we encourage you to reach out to your customer success manager to see if there may be a configuration issue. If you have not yet transitioned to Voyager, we also encourage you to check in with your champion about the timeline for upgrading.

As always, thank you for your transparency, it's what allows us to continually improve as a company.

Pramata Overview

What is Pramata?

Pramata’s end-to-end platform transforms your contract management into radical simplicity - fast and forever. We cleanse, organize and connect your contracts for you. Giving teams across your business self-service access to accurate and reliable contract details. While helping you accelerate your contracting process for faster time-to-value. Giving you utmost control and insights for lasting success - without the heavy lifting.

Pramata Details
Languages Supported
English
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Product Description

Pramata allows businesses to transform customer contract data into fuel for growth.

How do you position yourself against your competitors?

Pramata has specifically built a contract management solution to give legal and frontline teams the ongoing contract visibility and exact insight they depend on. Perfect for companies looking for a simple alternative to complicated contract management approaches. One with highly accurate insight, fast ROI and cross-functional value.


Seller Details
Seller
Pramata
Year Founded
2005
HQ Location
Brisbane, CA
Twitter
@pramatacorp
801 Twitter followers
LinkedIn® Page
www.linkedin.com
329 employees on LinkedIn®

Lauren R.
LR
Overview Provided by:

Recent Pramata Reviews

FS
Foster S.Enterprise (> 1000 emp.)
5.0 out of 5
"Data-Driven Contract Management is a Force-Multiplier for Legal and Business"
It's so simple to implement. Pramata includes managed services to do the heavy lifting to stand up your contract repository. When you have full...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Pramata is an excellent data storage application!"
The ability to view documents that are going to expire. I also like that I can export that data and filter it best fit my objective.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Pramata Review"
how easy it is for me to search for documents
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Pramata Media

Pramata Demo - Account List & Document Family
Quickly navigate to the most up-to-date contracts using the account list view, where documents are organized by customer and displayed in a hierarchical view.
Pramata Demo - Contract Metadata & Amendment History
Open the document family view for any account, and drill into the details of your customer contracts with a single click. View a history of changes made via amendments to any extracted term.
Pramata Demo - Global Search
Search through the content of every contract, effortlessly locating key terms, clauses and other essential answers, using full-text, keyword, phrase, wildcard and other advanced searches.
Pramata Demo - Reporting
Use powerful ad hoc reporting features to evaluate contracts and documents across all of your accounts.
Pramata Demo - Salesforce/CRM Integration
Navigate to an account’s document family, viewing or downloading the contract data you need to make informed decisions, right in CRM.
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28 out of 29 Total Reviews for Pramata

4.8 out of 5
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28 out of 29 Total Reviews for Pramata
4.8 out of 5
28 out of 29 Total Reviews for Pramata
4.8 out of 5

Pramata Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for PramataQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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FS
Vice President - Legal Operations
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Pramata?

It's so simple to implement.

Pramata includes managed services to do the heavy lifting to stand up your contract repository. When you have fully digitized contracts that provide immediate insight into key terms, you accelerate every task in legal and the business where that contract information is a concern.

Building workflows to manage contract intake is also easy. Deploying NDA automation takes fewer than 30 minutes. While more time is involved in workflows for complex contracts, the interface is easy to use to configure logic to support sophisticated and dynamic contracting processes.

With the addition of Generative AI, the platform allows you to leverage your structured data to understand contracts and summarize their contents easily. Hours of contact review is eliminated with the ability to have AI review contracts in accordance with your playbooks and do the first markup, leaving only validation and minor editing to get the agreement turned around.

Pramata also integrates with Salesforce and DocuSign which is essential for us to drive adoption of the solution and successfully automate our ability to be organized with our contracts.

With automation to generate routine contracts, easy access and reporting for contracts, and workflows to streamline the delivery of contract review, the Pramata platform is a productivity coefficient across the entire business. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

The pace of the release of new features is exciting but the change management related to new releases could improve. Fortunately, they have excellent customer support so it's not a huge issue. Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Problem #1 - Finding Contracts.

We are a business that has grown by acquisition and finding contracts was difficult as they were stored in multiple locations. With Pramata we have a central repository that is essential to scale operations.

Problem #2 - Contract Intake.

Due to growth by acquisition, we have multiple products and they have different contract requirements, but our tool for intake was too rigid to allow sales to succeed in providing the necessary information for the deal and results in delays caused by back-and-forth with legal. With Pramata, we have dynamic workflows that leverage conditional logic to ensure that relevant information is captured and irrelevant fields can be skipped to make requests fast to submit by sales and to complete by legal.

Problem #3 -- Negative Bandwidth Impacts of Basic Questions

Due to growth by acquisition, customers may have multiple contracts in place with our business, and legal sees a constant stream of questions from the business. With Pramata we have Generative AI that allows users to ask questions about contracts and to get answers without taking up legal's time. Review collected by and hosted on G2.com.

LK
Marketing and Development Representative
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Pramata?

I like that it is very user friendly , easy to navigatge Review collected by and hosted on G2.com.

What do you dislike about Pramata?

I truly do not have a complaint . Perhaps a way to add note to upload in case the upload needs to replace a document already uploaded . or a way to delete a upload added by mistake . Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Storing our contracts and giving us the abiulity to easily access them Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Pramata?

Pramata's support team and project lead. Pramata's implemention and support teams are amazing. We have unique requirements and Pramata has worked to support each and every one of them. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

If I had to pick, the biggest downside right now is the lack of self-service data cleansing options. Pramata is very helpful and responsive to data changes and updates. However, the majority of data changes (at the moment) are handled by the support teams. This is changing with each new release. Pramata is working hard on making self service happen. Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Pramata, first and foremost, is our source of truth - the data repository. Second, and equally as important, Pramata provides an amazing amount of depth and data visibility in an easy to understand mannner.

Finally, Pramata is our partner. They are working hard to support and understand our use cases. They are honest and upfront about roadmap and deliverables. Finally, the implementation team and project lead are rockstars! They listen to feedback and solve problems. Review collected by and hosted on G2.com.

Verified User in Market Research
UM
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Pramata?

The ability to view documents that are going to expire. I also like that I can export that data and filter it best fit my objective. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

The change was not easy because I was already using a similar resource. Now, I don't have any. Change is indeed good! Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

I like the reports function and the ability to see contracts across Comcast Nation. The latter saves bandwidth for my team members. Review collected by and hosted on G2.com.

DM
Assistant General Counsel
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Pramata?

The team that assisted on the implementation (and continues to support us) are always quick to repond and come up with solutions. The product is really easy to use to find what we need. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

There are some features missing, but I understand from the product team that these are on the roadmap Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Understand renewals and what contracts we have. Review collected by and hosted on G2.com.

Verified User in Telecommunications
UT
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Pramata?

how easy it is for me to search for documents Review collected by and hosted on G2.com.

What do you dislike about Pramata?

my only issue is when it times out, which I understand can be for security purposes, but outside of that when I'm unable to find docs, which isn't necessarily an issue with Pramata Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

it's helpful when I've searched everywhere else and may not find it but it is found within Pramata Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
AI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Pramata?

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. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

Not much there to complain about :) we are still in implemenation phase Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

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. Review collected by and hosted on G2.com.

SW
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Pramata?

AI reading, searching features, friendly user interface, intuative and friendly customer support. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

The learning curve that comes with learning a new system Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Keeping Therabody's documents in a central location Review collected by and hosted on G2.com.

Verified User in Wine and Spirits
AW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Pramata?

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. Review collected by and hosted on G2.com.

What do you dislike about Pramata?

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. Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Identifying upcoming renewals and renewal term notice periods. Review collected by and hosted on G2.com.

Verified User in Medical Devices
AM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Pramata?

Flexibility of the data type that can be included; ease of contacting and working with customer support (especially when data needs to be corrected). Review collected by and hosted on G2.com.

What do you dislike about Pramata?

Data incorrectly inserted - redundancies not caught or at least flagged for end-user administrators. End-users cannot include data themselves, as needed - must always go through Pramata. Review collected by and hosted on G2.com.

What problems is Pramata solving and how is that benefiting you?

Pulling out key data; allowing internal stakeholders within the end-user organization to seek relevant contracts themselves (thus, lifting some administrative burdens off of the legal department). Review collected by and hosted on G2.com.