let pactum’s advanced ai manage your tail spend …

3
“Pactum is a good example of the huge impact that AI is having in retail now and what is coming” Contact many suppliers in a short time frame, negotiating commercial and legal terms automatically: Pactum negotiates rebates, discounts and payment terms, as well as item and category costs, as well as the introduction of new products and programs. The system removes human error and cognitive bias from the process, reducing exposure to reputational risk in legal negotiations. Change the commercial set up of negotiations to create competition among suppliers. Yield fast results from post-merger vendor integration by conducting thousands of negotiations simultaneously. Our AI automatically conducts negotiations with suppliers, aiming to maximise gains from intended distribution centre reallocation, unification of payment terms and the unification of legal terms. From negotiating automotive procurement to retail merchandising deals, Pactum can create competitive pressure and generate more value through negotiation science. VALUE CREATION ACROSS APPLICATIONS LET PACTUM’S ADVANCED AI MANAGE YOUR TAIL SPEND SUPPLIERS Our AI negotiates high-volume, low cost agreements that are usually left unmanaged at high expense. On average, we deliver a 4.2% increase in profitability per contract. Our clients’ negotiation processes are on average 96% fully-automated and require zero human involvement. We negotiate thousands of deals in parallel. Let Pactum maximise the value of your tail end contracts Defines negotiation parameters and value Uses AI to conduct autonomous negotiation Automatic contract generation, signing and data upload to corporate ER pactum.com © 2021 Pactum Ai, Inc. All rights reserved. Forbes, Nov 23, 2020

Upload: others

Post on 06-Nov-2021

3 views

Category:

Documents


0 download

TRANSCRIPT

“Pactum is a good example of the huge impact that AI is having in retail now and what is coming”

Contact many suppliers in a short time frame, negotiating commercial and legal terms automatically:

● Pactum negotiates rebates, discounts and payment terms, as well as item and category costs, as well as the introduction of new products and programs.

● The system removes human error and cognitive bias from the process, reducing exposure to reputational risk in legal negotiations.

● Change the commercial set up of negotiations to create competition among suppliers. ● Yield fast results from post-merger vendor integration by conducting thousands of negotiations

simultaneously.● Our AI automatically conducts negotiations with suppliers, aiming to maximise gains from intended

distribution centre reallocation, unification of payment terms and the unification of legal terms.

From negotiating automotive procurement to retail merchandising deals, Pactum can create competitive pressure and generate more value through negotiation science.

VALUE CREATION ACROSS APPLICATIONS

LET PACTUM’S ADVANCED AI MANAGE YOUR TAIL SPEND SUPPLIERSOur AI negotiates high-volume, low cost agreements that are usually left unmanaged at high expense.

● On average, we deliver a 4.2% increase in profitability per contract.

● Our clients’ negotiation processes are on average 96% fully-automated and require zero human involvement.

● We negotiate thousands of deals in parallel.

Let Pactum maximise the value of your tail end contracts

Defines negotiation parameters and value

Uses AI to conduct autonomous negotiation

Automatic contract generation, signing and data upload to corporate ER

pactum.com © 2021 Pactum Ai, Inc. All rights reserved.

Forbes, Nov 23, 2020

Travis JohnsonDirector of Procurement Technology at Walmart

“The use of AI in negotiation could expand to multiple negotiation scenarios across many different areas.”

Frank La PlanteVice President Digital Transformation and Commercial IoT at a F500 Industrial distributor

“I really liked Pactum’s work ethic. They said what they’re gonna do, they did it, were very thorough and made my job very, very easy.”

ProfitabilityPactum’s AI reaches thousands of optimal deals automatically. Backed by data, it takes every negotiation variable into consideration to achieve superhuman results that have a major impact on your business EBITA.

Stronger supplier relationshipsPactum’s AI-powered negotiation tool helps your suppliers reach an agreement that works best for both sides and to feel in control of the terms they accept. In fact, more than 80% of suppliers that use Pactum reach an agreement, while 76% say they find it simpler than negotiating with a person.

Works at scaleConduct simultaneous negotiations across entire categories or across your entire supply network. Pactum can negotiate thousands of contracts at once, using data and values unique to each supplier.

PROFITABILITY IMPROVEMENT

4.21%

FULLY AUTONOMOUS NEGOTIATIONS

71%

PROVEN ROI

x5

SUPPLIERS PREFERRED

PACTUM OVER A HUMAN

74%

AI provides several significant benefits

Let Pactum take control of your negotiationsAfter Pactum’s analysts interview and map the ‘value function’ of your enterprise. The system reaches out to vendors, renegotiates the contracts and updates all information in corporate systems.

pactum.com © 2021 Pactum Ai, Inc. All rights reserved.

Contact us today to find out how pactum can unlock value from your tail spend

Pactum AI, INC.800 West El Camino Real,Suite 180, Mountain View, California, 94040, USA

[email protected]

/pactum-ai

Book Demo

pactum.com © 2021 Pactum Ai, Inc. All rights reserved.

Licence FeePRICING

$25,000PROOF OF CONCEPT SETUP

$120,000ANNUAL LICENCE FEE

$200-6,500LICENCE FEE PER SUCCESSFUL DEAL

Gain Share

$25,000PROOF OF CONCEPT SETUP

$120,000PREPAYMENT

25%GAIN SHARE

Pactum only charges for successful deals that add value. This essentially guarantees an ROI for the project

Pactum charges a 25% gain share calculated from the gain a renegotiation generates. The gain share is only applied to 1st years gains. The gain from all the subsequent years are retained by the customer effectively reducing the gain share by the percentage several times

Pactum charges an annual prepayment. This payment will be offset by the gain share generated from negotiations

Includes 4 weeks of discovery and design, 6 weeks of live operations

Includes 4 weeks of discovery and design, 6 weeks of live operations

Includes strategic planning, supplier support, data management and keeping systems technically operational

Our onboarding process is designed to understand your business and use test and learn to understand the critical areas of your contracts and negotiations. This will yield the best returns and secure commitment before the project commences.

How does Pactum engage with your business?

PROCESS

FirstMeeting

Align on Pactum’s applicabilityUnderstanding the enterpriseUnderstand decision makingMap stakeholders

DiscoverCall 1

Alignment on use-case with stakeholdersSigning of NDA

DiscoverCall 2

Understand which values could be offered during negotiationsDefine scopeReceive sample data from prospective partners

PresentPersonalisedDemo

Live mockup demo according to the use-case