Pramata Introduces GPT-Assist Tool and New Pre-Signature Contracting Functionality
Updates to the company's CLM platform include new pre-signature functionality that allows users to leverage their full contract repository, as well as a GPT-Assist feature that will leverage large language models to power the creation and maintenance of Playbooks and Approval Policies in natural language.
May 16, 2023 at 09:00 AM
3 minute read
On Tuesday, contract lifecycle management (CLM) provider Pramata unveiled a new version of its contract management platform, adding pre-signature and GPT-Assist capabilities. "The new updates empower contract management teams to create and maintain world-class pre-signature processes at a fraction of the cost and considerably less time than traditional CLM approaches," the press release said.
According to the press release, the new pre-signature capabilities allow users "to leverage the full scope of an organization's existing contract repository and relationships' history … driv[ing] massive efficiency in contract requests, drafting, negotiation, and approvals for existing and new relationships."
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