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Pramata Introduces Solution for IBM Customers Facing Emptoris CLM End-of-Life ChallengesBRISBANE, Calif., Sept. 19, 2017 (GLOBE NEWSWIRE) -- Pramata, the leading Commercial Relationship Operations (CRO) company, today announced the Pramata Quick Start program for IBM Emptoris customers in the wake of the Emptoris end-of-life announcement. Now Emptoris customers can quickly replace their current contract lifecycle management (CLM) system with Pramata’s CRO solution, which is used by leading companies such as CenturyLink, Comcast Business, FICO, Hewlett Packard Enterprise (HPE), and NCR. In addition, all Emptoris customers are immediately eligible for a free one-hour consultation from an Emptoris expert (and former Emptoris consultant) to guide them through the process. The Quick Start Program includes the transition and migration of up to 10,000 contracts to the Pramata platform, with training and minimal effort from Emptoris customers during the eight-week process. "Emptoris customers have often had to wait more than a year for digitization and migration of 10,000 contracts. And then, they never achieved the visibility into commercial relationships that they needed and were promised," said Lloyd Alexander, Vice President of Strategic Solutions for Pramata. "We’re confident Emptoris customers will find Pramata’s solution compelling because, for one, they will never have to enter metadata into the contract management system. Plus, they will get a full, 360-degree view of the details of their commercial relationships and will be able to view actionable insights that will uncover potential risks as well as revenue opportunities." Easing the daunting contract migation process Pramata provides full visibility into commercial relationship contract data, such as price increases, renewals, non-standard terms, purchase commitments and more. With a one source of truth system of record that provides full visibility, Emptoris customers can avoid losing more time and money searching for alternative solutions. Instead they can effectively manage contracts and better execute their business strategies. Added Benefit: Revenue Recognition Compliance Are you an Emptoris customer? About Pramata Media Contact: Marina Greenwood Activa PR for Pramata 415.776.5350 [email protected] |