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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

Smartsettle is a suite of advanced online dispute resolution tools designed to facilitate collaborative negotiations across a wide range of scenarios, from simple financial settlements to complex multi-party agreements. It leverages patented algorithms to model preferences, uncover hidden value, and guide parties toward mutually beneficial outcomes. Smartsettle is optimized for straightforward negotiations involving a single numerical issue, such as debt resolution or e-commerce disputes. It employs Visual Blind Bidding, allowing parties to make confidential offers while viewing each other's proposals, thereby minimizing the traditional negotiation "dance" and promoting quicker resolutions. The system also rewards collaborative behavior, encouraging parties to move toward agreement efficiently. Smartsettle is accessible via a web browser and offers both synchronous and asynchronous negotiation options, making it suitable for individuals, mediators, and organizations.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Organizations that want to use AI to automatically negotiate better agreements

Audience

Legal professionals, mediators, arbitrators, and organizations in need of a solution for resolving disputes of varying complexity

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Pactum
Founded: 2019
United States
pactum.com

Company Information

Smartsettle
Founded: 1997
United States
www.smartsettle.com

Alternatives

Alternatives

Vast Edge ODR

Vast Edge ODR

Vast Edge

Categories

Categories

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Integrations

Coupa
SAP Ariba
Synertrade

Integrations

Coupa
SAP Ariba
Synertrade
Claim Pactum and update features and information
Claim Pactum and update features and information
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Claim Smartsettle and update features and information