Company
Aerospace, defence & power systems
Industry
Defence
Location
United Kingdom
This global aerospace, defence, and power systems group has been a Pactum customer for more than two years, beginning with tail-spend requisitions via Coupa integration. They co-developed post-sourcing event negotiations to support audit requirements for Department of Defense related spending via Coupa integration, then expanded into payment term optimisation campaigns.
Most recently, they helped develop Pactum's Alignment Agent, which now reviews every request they process for compliance, reducing procurement lead times from days to seconds. We have processed over $180M in spend with this customer and have seen 300% year over year spend growth. Their Direct Procurement team, which manages over $8BN in spend globally, is the next untapped potential with the Pactum Price Lists solution.