Negotiate and collect information from hundreds of logistic vendors
Conducting transportation rate spot negotiations can take hundreds of hours per week for your Procurement Teams. Such low-value transactional negotiations can be automated using Pactum’s AI.
Pactum can be integrated with your Transportation Management System and other information sources to understand the future transportation needs of your organization. Predicting higher needs, Pactum can contact new vendors and verify if they are compatible to do business with you and include them in the list of approved vendors.
Knowing the exact need, Pactum can reach out to vendors, conduct a competitive negotiation simultaneously with many vendors, reach an agreement with the best bidder and trigger the next steps to ensure that your cargo keeps moving without delays and interruptions.
Pactum helps to keep the costs under control, negotiates better freight rates, and frees up your Procurement team’s valuable time.