Powered by Pramata’s Enterprise Grade Contract AI, the Tariff Risk Analyzer allows organizations to manage tariff-related disruptions with speed and proficiency.

SAN FRANCISCO: #AI--Pramata, the leading provider of Enterprise Grade Contract AI, today released the Tariff Risk Analyzer, a contract AI Agent that helps businesses understand and respond to the impact of supply chain and vendor disruptions caused by tariff policy changes. For any company that sells to or buys from international suppliers, the Tariff Risk Analyzer uses a company’s contract data to calculate the impact of newly established tariff structures on supply chain business relationships and then provides recommended next steps to address tariff-related disruptions.

Current U.S. tariff policy changes impact businesses of all sizes across most every sector, including the automotive industry, consumer electronics, manufacturing, and retail. According to the Deloitte Global Economics Research Center, because the U.S. is continuing to negotiate tariff rates with trade partners, business leaders are currently dealing with uncertainties around the ultimate impact of the tariffs. “This uncertainty, in turn, will weigh on consumers and businesses,” reports Deloitte.

With the Tariff Risk Analyzer, businesses are able to respond to real-world challenges with speed and proficiency. The solution’s Tariff Risk Dashboard offers a comprehensive overview, offering key insights on high- versus low-risk vendors, notice periods, missing protections, and more. Users can view contract renewal timelines and create charts highlighting risk distribution across vendor contracts. It also provides insights into when the organization may have limited negotiation leverage due to proposed tariff-related price changes.

“The primary question for business owners right now is less about how they respond to the tariff changes and more about how they can continue to operate in this world of uncertainty. The current economic climate is focused on tariffs, but the tariff fluctuations are really a subset of Vendor Risk Analysis which is a hot button for any business that is part of the international supply chain structure,” said Praful Saklani, CEO, Pramata. “How do you run a business when the tariff policies are in flux and, likely, will be for an indefinite length of time? It all goes back to the organization’s contracts—business contracts lie at the center of how tariff policy impacts our economy—it all goes through the mechanism of the contract. Pramata’s Tariff Risk Analyzer answers the most pressing questions businesses have right now and offers solutions to address real-world problems.”

By indexing and analyzing all of a business’ contracts, Pramata’s Tariff Risk Analyzer addresses the top challenges legal and procurement departments face due to current tariff policies: everything from missed compliance deadlines, regulatory penalties, revenue leakage, and delayed contract approvals to impaired business decisions, litigation exposure, planning limitations and audit failures.

The following use cases are key examples of how Pramata’s Tariff Risk Analyzer enables a business to mitigate tariff-related issues quickly and effectively:

• Enforcement of contracts: Pramata’s Tariff Risk Analyzer ensures procurement teams can hold vendors accountable to their contractual obligations.
• Proactive risk assessment: When tariff policies change or vendors attempt to invoke a price adjustment clause, the Tariff Risk Analyzer provides critical insights to enable real-time view of risks through portfolio-wide visualizations, identification of non-standard tariff clauses, missing tariff-protection language, etc.
• Auto-identification of specific clauses: Pramata’s Enterprise Grade Contract AI doesn’t just search for keywords, it comprehends the legal and commercial intent of contract language—enabling the Tariff Risk Analyzer to automatically identify tariff-related provisions.

“There are so many unknowns right now around tariff structures and it’s having a debilitating effect on business owners and their ability to manage their business. Our Tariff Risk Analyzer identifies key details and contract language associated with tariff changes, including variable pricing structures, taxation changes, and renewal terms,” said Saklani. “It helps minimize the unknowns, giving business leaders clear insights into where they are most vulnerable and where they should anticipate cost increases.”

Businesses can implement Pramata’s standard Tariff Risk Analyzer or work with Pramata’s team to customize the solution to fit the business’ particular needs. Customized versions of the Tariff Risk Analyzer can be configured in less than four hours, providing highly valuable insights on proposed tariff structures in record time.

Prior to tariff changes, one Pramata customer confirmed the contract AI platform had helped improve the retention of at-risk revenue by 4.5% and increased active selling time for their sales team by 15%.

About Pramata

Pramata is leading the way in enterprise-grade contract AI. 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 AI 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.

Fonte: Business Wire