About Pactum
Pactum is an AI-powered negotiations platform that brings a 360-degree, holistic and automated approach to the negotiation process for both procurement and merchandise contracts at global retail companies. The platform’s ability to conduct simultaneous negotiations and pick up value from thousands of supplier deals enables a retailer to unlock millions of dollars of free cash flow at speed.
Augmented artificial intelligence evaluates agreement terms and offers an unbiased resolution for merchandise and procurement agreements where all parties have been equally and impartially evaluated for a fair deal. Many of these contracts have been unmanaged for a long time due to the immense volume of them and the low return on effort, but the economics are very different when an AI Powered platform conducts the negotiation.