Pramata

Organizations are facing a common problem: what's written in contracts doesn't match what appears in billing systems. This forces renewals teams to spend time investigating discrepancies instead of closing deals, while finance teams struggle to validate invoices without clear connections between contracts and billing. AI tools are now solving these reconciliation problems by recognizing when different company names refer to the same entity, linking master agreements with their amendments, extracting data from various contract formats, and catching errors before they cost money. Companies using these automated systems are saving significant time compared to those still doing everything manually. Learn more in Pramata's Chief Solutions Architect Tom Guhin's latest blog: https://bit.ly/3JB7nNR

Tired of contract chaos killing your procurement efficiency? 🤯 Your team shouldn't waste hours hunting for the right contract version or accidentally paying for services you don't need anymore. Here's what Contract AI can do for your procurement team: ✅ Find any contract in seconds (not hours) ✅ Never miss another renewal deadline ✅ Track if vendors are keeping their promises ✅ Speed up contract approvals ✅ Spot duplicate vendors costing you money ✅ Catch risky contract terms before they hurt you The bottom line: Smart procurement teams are using AI to save time and money while reducing risk. Ready to stop the contract chaos? See how it works: https://bit.ly/45LQtDG #Procurement #ContractManagement #ContractAI

Procurement Pain Point #6: Manual audits and purchase order verifications are time-consuming, error-prone, and resource-intensive. Yet skipping this critical step can lead to significant overpayments. The Contract AI Solution: Automatically validate invoices against contracts and purchase orders to flag pricing discrepancies and unauthorized charges. Identify missed discounts or volume pricing thresholds. Verify service levels before approving payment. Track and enforce penalty credits for SLA violations. By automating these previously manual processes, procurement teams can significantly reduce financial leakage and ensure the organization only pays for what was contracted at the agreed-upon rates. Stop overpaying. Read more to learn how: https://bit.ly/3UCew2J #Procurement #ContractAI #AI #ContractManagement

Using AI is easier said than done, right? Legal teams everywhere are getting the mandate to ""use AI"", but the path forward isn't always clear. With countless AI tools flooding the market and limited guidance, it's tough to know which solutions actually move the needle. Join our live demo tomorrow and see proven Contract AI applications delivering real ROI right now. We'll show you our NDA Checker for instant compliance verification, AI Account Summaries for quick contract insights, Conversational AI for plain language contract Q&A, and Salesforce Integration that puts contract data where your business users need it. Register today and you'll get reminders for the upcoming sessions: https://bit.ly/4myppyT #ContractAI #LegalTech #ContractManagement #AI

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❤️🔥 The life of a Contract. Welcome to a new era of Contract AI with Pramata. Are you ready for it? ❤️🔥 https://lnkd.in/deSu3Hpn #ContractManagement #ContractAI #TaylorSwift

Procurement Pain Point #5: "Procurement creep" is real. Over time, organizations end up with a sprawling vendor landscape and inconsistent contract terms—especially after M&A activity. The Contract AI Solution: Contract AI gives you visibility across the entire portfolio to identify overlapping vendors providing similar services. Spot vendors with multiple contracts that could be consolidated. Compare pricing across vendors for similar services. Calculate potential savings from consolidation initiatives. Having this intelligence enables Procurement to ensure the organization only pays for what it needs, while securing the best pricing and contract terms through strategic vendor management. Eliminate redundant spending. Read the complete article now: https://bit.ly/3HxXcJc #Procurement #ContractAI #AI

Procurement Pain Point #4: The constant back-and-forth of contract reviews stretching simple approvals into weeks or months. The Contract AI Solution: Streamline approvals by leveraging past contract history to identify patterns and standards. Create comprehensive playbooks based on standard clauses and business-specific guidelines. Automatically compare new contracts against these standards and identify only the non-standard terms that need review. Increase negotiation limits while maintaining compliance. The result is less waiting on legal review for routine contracts and significantly faster procurement cycles. Speed up your procurement processes, learn how now: https://bit.ly/3HmhTYv #Procurement #ContractAI #ContractManagement

Stop wondering where to begin with AI. Start with what actually works. Throughout our new monthly demo series, you’ll get a practical guide to AI implementation—starting with the simplest, highest-impact use cases and progressing to more advanced applications. Join us on August 20th for the first in our "Use AI" miniseries. We'll cut through the AI noise and show you real-world applications that deliver immediate value. This month, we're focusing on quick wins that don't require a complex implementation. See live demos of: ✅ NDA Checker – Find out instantly whether an NDA is in place and how it compares to your current checklist ✅ AI Summaries in Accounts – Quickly answer “What are the payment terms?” or generate an Account Review Memo ✅ Conversational AI – This most-used AI feature allows you to quickly answer contract questions across one contract (or multiple!) in plain language ✅ SFDC User Visibility – Empower business users with summarized contract insights directly within Salesforce Let us show you what "Using AI" really looks like. Register today: https://lnkd.in/gpEd5ysa #ContractAI #ContractManagement #AI

When you can't easily report on your vendor portfolio, you can't identify redundancies, compare pricing, or answer executive questions about spend optimization. Pramata's Enterprise Grade Contract AI changes that by automatically extracting and organizing contract data so you can make strategic decisions with confidence. Learn more: https://bit.ly/40KTjqP #ContractAI #ContractManagement