Pactum is revolutionizing procurement by automating supplier negotiations through AI and Chat. Through autonomous negotiations, companies improve working capital and add significant value to their bottom line - especially in the tail spend, by negotiating at scale with suppliers.
With clients such as Walmart, Maersk and Wesco, Pactum AI brings significant value to companies that have over $5B revenue - unlocking 3% to 10% of value in negotiated contracts.
Named as a Gartner Cool Vendor in 2022, Pactum’s Negotiation Suite consists of four products - Commercial Terms Negotiations, Cost Negotiations, Purchasing Negotiations and Logistics Rate Negotiations. For more information, please visit pactum.com or read our white paper co-written by Ernst & Young: “Getting recession ready: How AI chat negotiations are helping companies to improve working capital and reduce costs”.