Pactum AI is an agentic AI platform designed for enterprise procurement. It enables companies to automate and optimize supplier negotiations, unlocking savings and improving supplier relationships.
Key Features:
- Autonomous Negotiation: AI agents conduct thousands of simultaneous negotiations.
- Supplier Engagement: Improves supplier satisfaction through fair deals.
- Cost Reduction: Identifies and unlocks hidden value in contracts.
- Integration Solutions: Seamlessly integrates with existing procurement systems.
- Negotiation Suite: Provides tools for autonomous negotiations and operational oversight.
- Commercial Term Negotiations: Optimizes commercial terms with suppliers.
- Contract Cost Negotiations: Reduces contract costs through AI-driven insights.
- Purchasing Negotiations: Automates purchasing negotiations for better deals.
Use Cases:
- Enterprise Procurement: Automating non-strategic supplier contracts.
- Supply Chain Optimization: Enhancing supplier relationships and reducing costs.
- Contract Management: Identifying savings opportunities in existing contracts.
- Commercial Negotiations: Improving commercial terms with suppliers.
- Cost Negotiations: Reducing contract costs through AI-driven insights.
Pactum AI helps procurement teams manage more negotiations, focus on strategy, and contribute more value to their businesses. The platform's AI agents learn from each negotiation, building a vast library of negotiation behavioral learnings.