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Ratings and Reviews 0 Ratings
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What is Pactum?
Pactum is an AI-driven solution that streamlines and enhances negotiation workflows to secure more favorable contracts. It specifically targets low-cost, high-volume deals that frequently go unmanaged or incur significant renegotiation expenses. By leveraging sophisticated AI technology, Pactum aims to boost profitability by an average of 4.2%. On average, clients experience a remarkable 71% automation in their negotiation processes, which eliminates the necessity for human involvement and conserves valuable time and resources. This capability enables Pactum to handle thousands of negotiations concurrently, empowering users to effectively engage their entire long tail of agreements at once. With such efficiency, organizations can focus more on strategic initiatives rather than being bogged down by repetitive negotiations.
What is Freqens?
Freqens utilizes advanced AI technology to convert software spending into significant savings by emphasizing the detection of renewals, evaluating market benchmarks, assessing vendor satisfaction, and identifying reliable alternatives.
Key Features
- Subscriptions: Our AI system proactively manages renegotiations by pinpointing essential deadlines within supplier contracts and alerting the relevant personnel at the perfect time.
- Reviews: Collect valuable feedback on supplier satisfaction from the teams that engage with them, ensuring that the insights gathered are both pertinent and actionable.
- Alternatives: Easily identify the best alternative suppliers by accessing trustworthy market data and recognizing current industry trends with a simple click.
- Benchmarks: Gain insights into real-time market pricing derived from anonymized transactions, enabling you to analyze each line item and uncover hidden costs down to the SKU level.
Benefits
- Realize savings of up to 45% on software purchases.
- With Freqens’ innovative technology, every software expenditure is transformed into a chance for savings, allowing organizations to enhance their budgeting strategies and financial efficiency. This approach not only optimizes spending but also empowers businesses to make informed decisions regarding their software investments.
Media
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Media
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Integrations Supported
Coupa
SAP Ariba
Synertrade
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
900€/month
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Pactum
Date Founded
2019
Company Location
United States
Company Website
pactum.com
Company Facts
Organization Name
Freqens
Date Founded
2024
Company Location
France
Company Website
www.freqens.com
Categories and Features
Artificial Intelligence
Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Categories and Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management