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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 Nibble?

Nibble is the premier AI-driven negotiation platform, skillfully designed to create win-win solutions on a grand scale. It allows you to reclaim control over discount strategies, enhance conversion rates and average order value, and efficiently oversee inventory management. With Nibble, you can close deals faster while enjoying improved profit margins and heightened conversion metrics. The platform facilitates tailored ecommerce negotiations for each individual shopper, guaranteeing an enjoyable buying experience. While maintaining steady full-price sales, Nibble effectively addresses the concerns of cautious buyers, providing the encouragement they need to complete their purchases, driven by indicators like exit intent, time on the page, and repeat visits. You have the flexibility to oversee the negotiation framework by setting maximum discount thresholds that align with your standard promotional offers, which can lead to higher conversions alongside better profit margins. Nibble can be applied broadly across your offerings or specifically targeted at certain products or categories that need extra conversion support. Moreover, consider leveraging negotiation as an exclusive incentive for loyal customers, reserved for VIPs or particular groups, to further enrich their shopping experience. By incorporating Nibble into your sales approach, you cultivate an engaging atmosphere that not only boosts customer satisfaction but also propels your sales growth. This innovative platform transforms the negotiation landscape, ensuring that both you and your customers can reap substantial benefits.

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Integrations Supported

BigCommerce
Coupa
Magento
SAP Ariba
Shopify
Synertrade

Integrations Supported

BigCommerce
Coupa
Magento
SAP Ariba
Shopify
Synertrade

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$499 per 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

Nibble

Company Location

United Kingdom

Company Website

www.nibbletechnology.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

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