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 NegotiationsAutomate key contract negotiations to save costs, reduce cycle times and free up staff. |
Purchasing NegotiationsNegotiate low-dollar requisitions resulting in the best price and terms before releasing purchase orders. |
Contract Cost NegotiationsNegotiate direct and indirect line item or contract level pricing. |
Integration SolutionsIntegrating 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 ControlBuyer interface allows full control over negotiations by providing a seamless experience to view, edit, and launch negotiations, as well as track their progress. |
ConfigurablePre-determined acceptance thresholds are set before initiating any negotiations. Flexibility to configure negotiation parameters to suit all preferences and needs. |
Data DrivenRobust and intuitive reporting features that enable comprehensive audits, insightful analytics, and effective initiatives across the entire organization. |
Centralised OverviewEnhanced dashboard offers an intuitive and streamlined experience, allowing users to view their negotiation results all in one centralized location. |
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Quick DeploymentSelect from our comprehensive list of 16 pre-defined use cases and experience a real-time, interactive demo of the supplier negotiation process. |
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Actionable AnalyticsEasily access comprehensive insights on product performance and market trends relevant to each negotiation. |
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Streamlined ProcessSave time with the negotiation process by uploading suppliers in bulk through a .csv file or integration with existing spend management system. |
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Autonomous NegotiationsThrough 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 |
Top 10 Global Retail Group |
Fortune 500 Distributor |