About Pactum

Unlocking hidden value through autonomous negotiations

Pactum AI is the globally recognised leader in autonomous negotiations. The AI-based system empowers enterprises across the Americas, Europe, Africa, Asia and Australia to seamlessly conduct personalised, commercial negotiations on a massive scale.

The platform delivers substantial value and time-saving benefits to its clients, including industry giants such as Walmart, Maersk, Henkel, Wesco, Linde and other renowned brands. It facilitates mutually beneficial agreements, by aligning the values of clients and their negotiation partners through an intuitive chat interface, implementing industry-leading negotiation strategies.

 


 

Capabilities

Pactum’s analysts interview and map the ‘value function’ of your enterprise. Pactum’s system reaches out to vendors, renegotiates the contracts and updates all new information in corporate systems.

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.

Pactum has solved this longstanding problem with the introduction of our Negotiation Suite.

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’s Negotiation Suite 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.

 

Centralised 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

Team Size

C. 51-200 employees

Network

Team

Find out more

Get in touch with ProcureTech to get access to even more information

  • Explore in-depth data on solutions
  • Get advice on your digital procurement strategy
  • Get a head start on solving procurement challenges
Contact Us

Details

Socials