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.

Integrations

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Company Information

Pactum
Founded: 2019
United States
pactum.com

Videos and Screen Captures

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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

Q: What kinds of users and organization types does Pactum work with?
Q: What languages does Pactum support in their product?
Q: What kind of support options does Pactum offer?
Q: What other applications or services does Pactum integrate with?
Q: What type of training does Pactum provide?
Q: What pricing for support is available for Pactum?
Q: What pricing for training is available for Pactum?

Pactum Product Features

Artificial Intelligence

For Healthcare Not Supported
Multi-Language Not Supported
Chatbot Not Supported
For Sales Not Supported
Rules-Based Automation Not Supported
Machine Learning Not Supported
Natural Language Processing Not Supported
Predictive Analytics Not Supported
Virtual Personal Assistant (VPA) Not Supported
Process/Workflow Automation Not Supported
For eCommerce Not Supported
Image Recognition Not Supported

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

Pactum Additional Categories