Pramata
| Private | |
| ISIN | 🆔 |
| Founded 📆 | 2005 |
| Founder 👔 | Praful Saklani |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
| Products 📟 | Enterprise software, Managed Services |
| Members | |
Number of employees | 300 |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Pramata is a private technology company focused on commercial relationship operations software and services. Pramata converts contractual documentation and billing system data into a commercial relationship system of record, deployed to users through cloud-based software applications.
Company history[edit]
Founded in 2005, the company is headquartered in Brisbane, California, with offices in Kansas City, Missouri and Bangalore, India, and more than 300 employees worldwide. In 2015, Pramata announced $10M in Series A funding from venture capital firms Volition Capital and Argosy Capital.[1]
Companies using Pramata solutions include Allergan, CenturyLink, Comcast Business, FICO, NCR, Micro Focus, Novelis and Vertafore. In 2017, the company was awarded a silver for enterprise product of the year from Best in Biz Awards.[2]
Founder and CEO Praful Saklani was recognized in 2018 by Comparably.com as a Best CEO for Women in Small/Mid-sized Companies and a Best CEO for Diversity in Small/Mid-sized Companies.[3]
Products[edit]
Pramata uses a cloud-based software platform along with a human-in-the-loop AI managed service to extract and normalize complex terms from commercial contracts and documentation, and map that information to corresponding customer data from a company’s billing, customer relationship management (CRM) and other systems. The output is a current state view of commercial relationships, which provides insight for sales, finance and legal teams to pinpoint and address areas of revenue leakage.
The Pramata technology stack consists of four core elements: Digitization-as-a-Service, Commercial Relationship System of Record, Revenue Leakage Solutions, and User Experience. Pramata’s Revenue Leakage Solutions address four specific areas of the customer lifecycle—Billing Accuracy, Account Research & Renegotiation, Deal & Order Acceleration and Entitlement & Pricing Reconciliation.
References[edit]
[1] [4] [3] [5] [6] [7] [8] [2] }}
- ↑ 1.0 1.1 Gina, Hall (15 December 2015). "B2B analytics startup Pramata raises $10M for growth". Silicon Valley Business Journal. Retrieved 13 July 2018.
- ↑ 2.0 2.1 Best in, Biz (December 2017). "2017 Best in Biz Winners-Product Categories". Retrieved 27 July 2018.
- ↑ 3.0 3.1 Dixita, Limbachia (6 June 2018). "Top-rated CEOs for diversity: Leaders of T-Mobile, Intuit and HubSpot". USA Today. Retrieved 13 July 2018.
- ↑ Dora, Grote (12 February 2016). "San Francisco Tech Company Lands in KC". Kansas City Business Journal. Retrieved 13 July 2018.
- ↑ Eileen, McCooey (2 August 2017). "Digital Contract Management Platform Pays Off". Baseline. Retrieved 13 July 2018.
- ↑ Andrew, Daily (18 September 2017). "Delivering a Digitized 360 View of the Customer - 20 Questions with Pramata CEO Praful Saklani". MGI Research. Retrieved 23 July 2018.
- ↑ Ranica, Arrowsmith (25 August 2017). "New Pramata analytics apps include revenue opportunity manager". Accounting Today. Retrieved 23 July 2018.
- ↑ Ian, Barker (August 2017). "AI-powered analytics unlock commercial relationship data". BetaNews. Retrieved 23 July 2018.
External links[edit]
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