Pam-2 is an official business terminology, usually referred to in the context of documents or information exchange between multiple organizations. PAM-2 stands for ‘Preferred Automated Methods’, and is defined as a standardized set of protocols and systems that standardize how business data, documents, and transactions can be securely exchanged and managed within a given industry or region. With PAM-2, businesses are better able to protect critical, often proprietary information and ensure greater accuracy when two parties exchange information. The underlying goal of the PAM-2 framework is to reduce paperwork and manual processes while creating a more secure environment and empowering people with data they need to make smart decisions.