CONTRACT MANAGEMENT
“ Every procurement technology vendor is promising their AI is going to drive efficiencies... but procurement leaders are not seeing the results. Contract intelligence is the rocket fuel required to turn static documents into actionable data”
Praful Saklani CEO Pramata inclusion of Pramata in The Hackett Group’ s SolutionMap, Praful says:“ Enterprise procurement teams are managing hundreds, if not thousands, of vendor relationships. And while every procurement technology vendor in the contract management space is promising their AI is going to drive efficiencies and reduce costs, procurement leaders are not seeing the results.”
He argues that true“ contract intelligence” acts as rocket fuel for procurement, allowing teams to enforce obligations and eliminate vendor overlap by turning static documents into actionable data.
procurementmag. com 151