Pramata Reviews & Product Details - Page 3

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

From a product/feature perspective, Pramata is superior in the industry for what they deliver. But, do have realistic expectations for the integration of their capabilities on the Navigator platform versus what you may want to do. Review collected by and hosted on G2.com.

Pramata gives us the ability to have a consolidated view into our digitized contracts. Before Pramata, we had contracts on multiple platforms and multiple locations. Now, a broad group of users across many disciplines in NCR has access to this readily available accurate data. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Make sure you can access all necessary documents and systems before you get started. An organized approach internally makes the process flow smoothly. Review collected by and hosted on G2.com.

HPE Software business merged with Micro Focus, making it hard for overlapping sales groups to get the information they needed to negotiate cross-sell/up-sell deals and renewals without stepping on each other’s (or customers’) toes. Our sales ops team had no meaningful visibility into our existing customer agreements. It was a huge effort to dig through all the contracts, amendments, etc., and piece the most current information together to know where to sell more or make the most of renewals. The added problem was that customers were telling us we were hard to do business with.

With Pramata, we were able to clearly identify what our customers own, and understand the SLAs and commitments we’ve made. Our sales and finance teams can now quickly have informed discussions with customers for up-sell, cross-sell and whitespace opportunities. Review collected by and hosted on G2.com.

Don’t be intimidated by the functionality possibilities or the cost. It may initially seem expensive, but pays for itself in the value it brings. Pramata has a great team who listen to customer needs, care about doing a great job, and design solutions that meet those needs. They help you prepare the business case necessary for implementation. Review collected by and hosted on G2.com.

Right of Entry or ROE terms are critical for our service teams to know in advance of any on-site work for a customer. Terms and conditions of an ROE agreement can vary widely depending on the customer. Having this information at our fingertips enables greater efficiencies in our sales and order entry work streams. Before Pramata, it could take days searching for the appropriate information. Now it takes seconds. Review collected by and hosted on G2.com.

We started off looking at Pramata as a contracts repository and it definitely solved that problem, but we quickly realized we could use the platform much more widely. We now use Pramata for management reporting (we didn’t even realize we could use it for that!), revenue recognition, incentivizing our sales teams, etc. And, we aren’t even using it to its full potential yet. Review collected by and hosted on G2.com.

First and foremost, understand the problem you are trying to solve. And make sure the business cases are understood internally. Pramata can help you clean the data, but you need the proper people involved for adoption, which is crucial. Review collected by and hosted on G2.com.

Maintaining high-quality interactions with providers and manufacturers is a top priority for us. That includes monitoring our business commitments to customers, mitigating any risk and tracking revenue performance against what customers have agreed. With Pramata, our legal, finance, and sales ops teams can get the most current commercial relationship terms from one single source of truth whenever they need them. For instance, we can quickly check if a customer’s annual purchase commitment will be met by the end of the year, and then take appropriate steps as needed. Review collected by and hosted on G2.com.

Consider using Pramata to design your contract management program or process. The sooner you implement Pramata, the better you will be able to manage your contracts. Review collected by and hosted on G2.com.

Pramata is the cornerstone of our contract management. They’ve created a commercial relationship baseline for us to understand for each customer, what are the related entities, what do those entities own contractually, at what price, and what are the specific commercial terms for those products. Review collected by and hosted on G2.com.