Case Study: MetricStream achieves faster, self-service contract management with Pramata

MetricStream cuts contract questions by 80% with Pramata

MetricStream, a technology company, faced significant challenges with a dysfunctional contract lifecycle management (CLM) system that was inefficient and lacked vendor support. Their legacy solution failed after a prolonged implementation, preventing company-wide contract search capabilities and creating risk as teams worked from outdated documents. This led them to seek a new solution from vendor Pramata.

By implementing Pramata's contract management solution, MetricStream achieved rapid and substantial improvements. The results included an 80% reduction in contract questions to the legal team, nearly 50% annual cost savings on CLM software, and enhanced cross-department collaboration. Pramata's solution empowered sales and other teams with self-service access and quickly turned what was once a six-week project into a two-hour task.

MetricStream