Audience
Organizations that want to use AI to automatically negotiate better agreements
About Pactum
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.
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Integrations
Company Information
Pactum
Founded: 2019
United States
pactum.com
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Product Details
Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
In Person
Videos
Support
Phone Support
Online
Pactum Frequently Asked Questions
Pactum Product Features
Procurement
Bid Management
Supported
Contract Management
Supported
Sourcing Management
Supported
Asset Management
Not Supported
Auction Management
Not Supported
Budget Management
Not Supported
Catalog 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
Spend Management
Not Supported
Supplier Management
Not Supported