Pactum AI
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Pactum AI
Founded in 2019
CEO : Martin Rand
Untied States Automation Software
“ Right now , we ’ re working on an enterprise SaaS solution where the system conducts business on behalf of the enterprise . It ’ s built on autonomous agents that decide who to reach out to and how to negotiate supplier deals more efficiently ”
Pactum
bills itself as the global leader in autonomous negotiations , with its AI able to negotiate non-strategic supplier contracts on a massive scale . The system saves time and unlocks hidden value for the Pactum client and their negotiation partner by aligning their values to determine win-win agreements via an easy-to-use chat interface that implements best-practice negotiation strategies . Based in Mountain View , California , the firm also has engineering and operations facilities in Estonia . procurementmag . com 103