SpendControl

SpendControl

Orpheus
+
+

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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

Combining service and software we elevate the focus of spend analytics, creating actionable insights to guide procurement strategy development and execution. By infusing best-in-class technology and AI-based analytics with deep supply-market and category-sourcing expertise, and by innovating with service delivery models including outsourcing, we can help you unlock the value in your procurement data. As part of an ongoing McKinsey project, Orpheus supports McKinsey's teams with its products and services. From software implementation, through the classification of data and its analysis, to the automatic calculation of key indicators/KPIs and (internal) benchmarks, as well as the identification of potential efficiency and savings, we undertake the complete spend analysis. With this package we offer clients a complete Analytics & Performance Service based on our software products.

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

Companies interested in a solution offering actionable spend insights for procurement value capture

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

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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

Orpheus
Founded: 2005
Germany
www.orpheus-it.com

Alternatives

Alternatives

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

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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