ProcureKey

ProcureKey

Beyond Key
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+

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About

Pactum is an AI-powered product that automates and optimizes the negotiation process to achieve better agreements. It focuses on high-volume, low-cost agreements that are often left unmanaged or renegotiated at high expense. By leveraging advanced AI technology, Pactum aims to deliver a 4.2% increase in profitability on average. The negotiation processes of Pactum's clients are, on average, 71% fully automated, requiring zero human involvement, thus saving time and resources. It has the capability to negotiate thousands of deals simultaneously, allowing users to engage with their entire long-tail simultaneously.

About

ProcureKey is an AI-powered eSourcing software built for strategic sourcing and procurement teams still managing RFx (RFP, RFI, RFQ and RFT), tenders, and bid evaluations through email threads and Excel sheets. It covers the full sourcing cycle - purchase requisition (PR), tender management, supplier management, multi-envelope/round bidding, AI-assisted evaluation, and award - in one secure system. ProcureKey runs natively on Microsoft 365, so sourcing data stays inside your own SharePoint tenant with no third-party cloud exposure. Trusted by 3,000+ buyers globally across industries, ProcureKey replaces scattered email coordination and manual bid comparisons with structured sourcing workflows, defensible audit trails, and intelligent decision support - without months of implementation or a complex change management program. Most teams are running live RFx within a week of going live.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Supported

Audience

Organizations that want to use AI to automatically negotiate better agreements

Audience

ProcureKey is ideal for procurement teams, sourcing managers, and enterprises seeking an AI-driven, secure, and efficient platform to digitize and optimize their supplier management, RFx, and tender processes.

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Not Supported
In Person Supported

Company Information

Pactum
Founded: 2019
United States
pactum.com

Company Information

Beyond Key
Founded: 2005
United States
www.procurekey.com

Alternatives

Alternatives

Categories

Agentic AI Supported
AI Agents Supported
AI Procurement Supported
Procurement Supported

Categories

AI Procurement Supported
Procurement Supported
Sourcing Supported

Procurement Features

Asset Management Not Supported
Auction Management Not Supported
Bid Management Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Supported
Spend Management Not Supported
Supplier Management Not Supported

Procurement Features

Asset Management Not Supported
Auction Management Supported
Bid Management Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Not Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Sourcing Features

Auction Management Supported
Budget Management Not Supported
Collaboration Not Supported
Global Sourcing Management Not Supported
Rfx Management Supported
Spend Management Supported
Supplier Management Supported
Supplier Qualification Not Supported
Supplier Risk Management Not Supported
Supplier Web Portal Not Supported
Template Management Not Supported

Integrations

Coupa Supported
Microsoft 365 Not Supported
SAP Ariba Supported
Synertrade Supported

Integrations

Coupa Not Supported
Microsoft 365 Supported
SAP Ariba Not Supported
Synertrade Not Supported
Claim Pactum and update features and information
Claim Pactum and update features and information
Claim ProcureKey and update features and information
Claim ProcureKey and update features and information