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Purchasing negotiations

Negotiate undermanaged spend with the power of Pactum’s AI

Pactum AI works to enhance requisition pricing and payment terms through cutting edge, chat bot negotiation technology.

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Purchasing Negotiations aims at the under-managed, indirect requisitions under $150,000, often classified as Spot Buys.

With the substantial daily transaction volumes in enterprises, even incremental advancements from negotiations can significantly enhance the bottom line.

Pactum AI works to enhance requisition pricing and payment terms through cutting edge, chat bot negotiation technology.

Supplier engagement
89%
Fully autonomous negotiations
100%
Median negotiation time
4 min
Value add negotiated
2%-5%
Average requisition size
$29k
Largest requisition negotiated
$687k

Get better price and better terms without having to invest manual effort.

Pactum leveraged simultaneous negotiations to achieve the best possible pricing.

Works competitively and sole-source.

AI-powered chat interface negotiates PRs with suppliers to reach mutually beneficial deals for each party.

Negotiates undermanaged spend.

This spend bucket is typically never managed by a procurement organization. Therefore, it represents untouched savings.

Explore how our purchasing negotiations adapt to a variety of use cases.

Automating the negotiation process has never been easier.
Create value without disruption. Bring the power of Pactum by leveraging your existing ERP and P2P systems
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