# Pramata CEO on AI Contract Intelligence > Pramata CEO Praful Saklani explains how AI contract intelligence powers business decisions without messy data. - Title: Pramata CEO on AI Contract Intelligence · Pulse 2.0 | Shortify - Summary: Pramata CEO Praful Saklani explains how AI contract intelligence powers business decisions without messy data. Pramata uses AI to extract accurate contract… - Keywords: pramata, contract intelligence, enterprise ai, ai agents, commercial relationships, truecheck, ocr, startups, business, CEO, Contract, Intelligence - Source: Pulse 2.0 — https://pulse2.com/pramata-profile-praful-saklani-interview - Author: Amit Chowdhry - Published: 2026-10-14T00:43:58+00:00 - Read time: 2 min - Topics: pramata, ai, contract intelligence, enterprise ai, ai agents, commercial relationships, truecheck, ocr, startups, business ## Praful Saklani's Background Praful Saklani has been an entrepreneur since the late 90s, focusing on smart business decision-making through technology. > I’ve been an entrepreneur since the late 90s, and my focus has always been on empowering smart business decision-making through evolving technology. ## Early AI Work Saklani’s first patent used fuzzy logic, a precursor to modern AI, which he saw as a way to predict outcomes without determinism. > My first patent was actually built around fuzzy logic, which were the precursors to what we now call AI. ## Water Health Startup Saklani worked with WaterHealth to provide water access in rural communities across the Philippines and India. > I worked with a startup called WaterHealth that pioneered technology to provide water access in rural communities across the Philippines and India. ## Pramata Launch Saklani founded Pramata in 2006 to solve real-world problems for executives using contract technology. > Then in 2006, I dove back into the B2B world when I started Pramata, focusing on solving real-world problems for executives with groundbreaking contract technology. ## Pramata's Goal Pramata aims to unlock information in commercial relationship documents to improve negotiation efficiency and business sustainability. > Our goal has always been to unlock the information inside of commercial relationship documents, not only to increase the efficiency of how businesses negotiate during contracting, but also to run a more profitable and sustainable business with fewer risks. ## AI Revolution GPT-3.5’s launch in 2022 enabled Pramata to integrate AI as a core layer without specialized hardware or data scientists. > But when GPT-3.5 launched in 2022, it was just different. It was like witnessing the start of the automotive industry. ## TrueDoc Technology Pramata invented TrueDoc, an OCR format to make long, inconsistent contracts machine-readable for AI. > We actually had to invent our own OCR (Optical Character Recognition) format to create machine-readable versions of contracts that are not interpretable by AI, which we call TrueDoc. ## AI TrueCheck AI TrueCheck provides three methods to check output reliability, ensuring predictable results for AI. > We’ve also invented an internal QA paradigm called AI TrueCheck, which provides 3 different methods to check and see whether any output is reliable. ## Customer Growth Pramata grew from a $100,000 client to a million-dollar-a-year customer within 180 days of a sales leader’s request. > That customer went from a $100,000 client to a million-dollar-a-year type of customer. ## Partnerships Pramata partnered with Deloitte and Bain, expanding into product partnerships for enterprise AI solutions. > We’ve announced partnerships with Bain and Deloitte, but we also have partnerships with other consultancy firms. ## Customer Centricity Pramata focuses on helping customers reduce business risk, improve profitability, and do their jobs better with AI. > Does this actually help somebody do their job better? Does this help somebody reduce business risk? Does this help improve profitability of the business? ## Contract Intelligence Contracts contain strategic business data that Pramata organizes for AI agents to optimize decisions. > Your company’s commercial relationship agreements are actually strategic assets, and our technology lets users treat them that way. ## AI Foundation Pramata ensures AI solutions work at scale by making contract data accurate, predictable, scalable, and secure. > We make commercial relationship assets accurate, predictable, scalable, and secure so that everything built on top of it actually works. ## Future Goals Pramata will help AI agents use contract data to uncover errors, overcharges, and renegotiation opportunities. > We’ve always encouraged customers to cross-reference their contract intelligence against billing data to uncover errors, vendor overcharges, or renegotiation opportunities. ## Key Components Pramata’s four non-negotiable components for enterprise AI are predictability, accuracy, scalability, and security. > There are four non-negotiable components to 'PASS the test' for enterprise AI: Predictability, Accuracy, Scalability, and Security. ## Key takeaway Pramata uses AI to extract accurate contract data for businesses, enabling AI agents to make profitable decisions.