What If Every Purchase Requisition Arrived Complete and Compliant?
Every day, procurement teams process hundreds of purchase requests, each one requiring verification of contact details, confirmation of quotes, cross-referencing of payment terms ...
Understanding Autonomous Negotiations
Autonomous negotiations are an evolving field within artificial intelligence (AI) and procurement technology, leveraging advanced algorithms to perform negotiations between ...
Digital Sourcing is the Future of Procurement, but Will E-Auctions or Autonomous Negotiations Dominate?
Enterprise procurement teams have been able to use e-auctions to source and secure supplier contracts for more than 25 years. With these online negotiations, multiple vendors are ...
The eAuction Conundrum
Why eAuctions never reached their potential – and how Agentic AI is quietly changing the game I come across eAuctions in almost every conversation I have with procurement teams. ...
The 2025 CPO Agenda Meets Pactum’s Agentic AI Future
The 2025 CPO Agenda Meets Pactum’s Agentic AI Future Every year, I look forward to Deloitte’s Global CPO Survey. It’s become one of those rare reports that everyone in the ...
Introducing the World to Autonomous Negotiations: Learn How Pactum has Created an Industry
We founded Pactum in 2019 after identifying a need that had not been addressed in the market. On average, enterprises have millions of dollars locked in inefficient agreements, ...
The First and Only Use Case Catalog for Autonomous Negotiations
In my last blog post, we opened up our IP and covered what’s under the hood of an autonomous negotiations platform – otherwise known as the Pactum Platform. Today I would like to ...
Pactum AI Named Finalist for the 2025 Future Unicorn Award at Masters of Digital Europe Awards
Big news! Pactum AI has been named a finalist for the 2025 Future Unicorn Award, an annual recognition by DIGITAL EUROPE celebrating the most promising tech firms poised to become ...
Pactum expands Agentic AI capabilities with launch of Price Lists for Direct Materials
New York, United States – June 12, 2025 – Pactum, the leading Agentic AI platform for enterprise procurement, today announces the launch of its new AI agent, Price Lists for ...
With autonomous negotiations, even small suppliers become win-win deals
Procurement professionals are used to seeing win-win deals with only large, strategic suppliers with whom they can invest the time needed to fully understand each other’s ...
