Pactum is an agentic AI platform that automates supplier contract negotiations for enterprise procurement operations, addressing the segment of commercial contracting involving mid-tier and tail spend supplier relationships. Its application is narrowly scoped to negotiating commercial terms such as pricing, payment, rebates, and related provisions within procurement workflows.
Key Features & Functions:
Requisition Alignment Agent
Validates completeness, policy compliance, and commercial relevance before negotiation begins. Ensures autonomous negotiation is applied only to requisitions that meet defined criteria, operating as a pre-negotiation screening layer.
Tactical Sourcing Agent
Manages urgent and one-off sourcing activities requiring quick turnaround, including competitive quote collection and final term negotiation across multiple suppliers. Handles sole-source requirements and situations where competition is introduced into previously single-supplier requests.
Requisitions Negotiation Agent
Negotiates pricing and working capital terms directly within requisition workflows before a purchase order is created. Covers sole-source scenarios where pricing and commercial terms remain negotiable in the absence of competitive pressure.
Post-Sourcing Negotiation Agent
Extends value capture beyond formal sourcing events by engaging shortlisted suppliers on term refinements, payment optimization, and follow-up negotiations after competitive bidding concludes.
Price List Negotiation Agent
Continuously updates item-level pricing as demand, commodity indices, and market conditions change, ensuring negotiated prices remain current and enforced across the supplier base.
Discount Negotiation Agent
Identifies and systematically applies missed or inconsistently applied discounts across supplier agreements, converting exceptions into repeatable negotiated outcomes.
Payment Terms Negotiation Agent
Negotiates payment term extensions across a supplier portfolio to improve Days Payable Outstanding and working capital position.
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