Using a three-pronged approach to validate contract data, Pramata’s AI TrueCheck ensures data accuracy while eliminating the need to manually check every document

Pramata, the leaders in AI contract intelligence, today announced the launch of AI TrueCheck, a groundbreaking capability that provides complete transparency into the platform’s AI-driven contract data extraction capabilities. By implementing a three-prong validation process that includes a “human in the loop” component, Pramata’s proprietary AI TrueCheck eliminates the ”black box” approach of many AI Contract Intelligence tools to give organizations real-time accuracy scores and audit trails, ensuring contract data is validated and AI outputs are error-free.

According to Praful Saklani, CEO, Pramata, “Contract intelligence is essential fuel for the agentic enterprise because contracts contain the context needed to power mission-critical agents. But all too often, enterprise leaders say they cannot justify using generative AI tools to extract and analyze their organization’s contract data if their teams have to manually verify every result. Our AI TrueCheck solves this dilemma by integrating the verification process directly into our platform, eliminating the need to manually check every output. With Pramata, enterprise organizations gain access to accurate, predictable, scalable, and safe commercial relationship assets that are mission-critical for the agentic enterprise.”

The AI TrueCheck three-prong validation system includes: a human-curated key based on a representative set of documents; AI extracted output; and an additional AI validation layer that assesses the accuracy of the extracted output. When validation results align for each contract attribute, a dashboard displays a high-confidence accuracy score, providing assurance to stakeholders that the extracted data is reliable.

“We know that our AI technology routinely outperforms other contract intelligence platforms, but our customers need assurance that our AI is delivering what we promised: the ability to extract actionable contract intelligence with 99%+ accuracy with significantly less work,” added Saklani. “With AI TrueCheck, we are going beyond what other contract intelligence platforms promise and giving legal teams visibility into our AI-driven extraction process, with real-time accuracy scores and audit trails. AI TrueCheck works in combination with a ‘human-in-the-loop’ component, ensuring oversight when the AI has lower confidence.”

A key benefit of Pramata’s AI TrueCheck is that it avoids the “needle in a haystack” problem of having to search through every single contract and data point to identify errors. The AI TrueCheck technology automates this process, pinpointing which data needs further verification. If an error or issue with the data is flagged, the platform auto-queues a review alert so that Pramata’s expert reviewers (the human-in-the-loop) can review the AI output to determine its accuracy. If there are errors, the reviewer can quickly adjust the data from the contract. Also, as reviewers notice patterns in the data being flagged, they can adjust the AI-extraction logic to eliminate data issues from recurring.

AI TrueCheck is now available as a standard capability to all Pramata customers at no additional cost.

About Pramata

Pramata is leading the way in enterprise-grade contract intelligence. The Pramata next-gen platform gives organizations the power to use AI-driven contract management to solve business-critical challenges like stopping revenue loss, reducing vendor costs, accelerating the contract lifecycle and ensuring compliance—with contract intelligence that actually works. For 20 years, Pramata has been trusted by some of the largest companies in the world, including McKesson, ICE, AbbVie and Callaway Golf. For more information visit www.pramata.com.

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