About Pactum

Unlocking hidden value using agentic AI

Founded in 2019, we’re proud to lead the Agentic AI revolution in procurement, empowering CPOs and CFOs to transform their operating model into agile growth engines.

Our solutions are trusted by 50+ of the world’s largest enterprises, delivering measurable value and future-proofing their operations.

Fortune 500 procurement leaders wanting better pricing, terms, working capital usage and supplier relations, use Pactum AI agents to negotiate as part of the procurement process. Pactum is proven to autonomously generate 2-10% savings on unmanaged spend - generating value 24/7, even while you sleep!

We're headquartered in Mountain View with engineering and operations in Estonia. We're backed by the founders of Skype and TransferWise, and built by luminaries from Skype, Starship Technologies and other high-tech companies.

 


Capabilities

Every day, corporations are leaving millions in untapped value because of a lack of attention and time. These corporations have never been able to attend to their mid- and long-tail suppliers effectively or efficiently.

Until now.

Key Solutions:

Commercial Term Negotiations

Automate key contract negotiations to save costs, reduce cycle times and free up staff.

Purchasing Negotiations

Negotiate low-dollar requisitions resulting in the best price and terms before releasing purchase orders.

Contract Cost Negotiations

Negotiate direct and indirect line item or contract level pricing.

Integration Solutions

Integrating yields unmatched value and results.

 


 

Product

Pactum equips users with foundational tools and contains the products essential for autonomous negotiations, presenting dashboards that illuminate value creation and bolster operational oversight.

 

Total Control

Buyer interface allows full control over negotiations by providing a seamless experience to view, edit, and launch negotiations, as well as track their progress.

Configurable

Pre-determined acceptance thresholds are set before initiating any negotiations. Flexibility to configure negotiation parameters to suit all preferences and needs.

Data Driven

Robust and intuitive reporting features that enable comprehensive audits, insightful analytics, and effective initiatives across the entire organization.

 

Centralized Overview

Enhanced dashboard offers an intuitive and streamlined experience, allowing users to view their negotiation results all in one centralized location.

Quick Deployment

Select from our comprehensive list of 16 pre-defined use cases and experience a real-time, interactive demo of the supplier negotiation process.

Actionable Analytics

Easily access comprehensive insights on product performance and market trends relevant to each negotiation.

Streamlined Process

Save time with the negotiation process by uploading suppliers in bulk through a .csv file or integration with existing spend management system.

Autonomous Negotiations

Through AI-powered chat modules, suppliers can have structured and autonomous negotiations with buyers without any hassle.

 


 

Customer References

“I really liked Pactum's work ethic. They said what they were going to do and they did it. They were very thorough and made my job very easy. A great team and good people.” “Just wow! This is what negotiations should be. People tend to reach out from a position of strength and ask for discounts. But Pactum's solution helps our team to focus on supplier growth first and foremost, which increases value for all.” “ I didn't think our industry was ready for Pactum's cutting-edge offering. We digitally transformed our long-tail supply management strategy with their AI — and the results have been tremendous. We're proud to be an early adopter.”

Frank LaPlante,

Vice President Digital Transformation and Commercial IoT,

WESCO


Senior Buying Executive,

Top 10 Global Retail Group


Senior Procurement Director,

Fortune 500 Distributor


 

Selected Customers

Capabilities - Level 1

Sourcing

Capabilities - Level 2

Approvals & Workflow Automated Sourcing

Integrations

Coupa DocuSign SAP SAP Ariba

Industries

Aerospace & Defence Automotive & Mobility Chemicals Consumer Products Engineering & Construction Industrial Manufacturing Metal & Mining Paper & Packaging Pharmaceuticals & Lifesciences Retail Technology

Customer Size

A. Enterprise (1,000+ Employees)

Team Size

C. 51-200 employees

Network

Team

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