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Description

A payroll decentralized application or peer to peer contract. ChainPact currently allows you to make two types of pacts: Gig pact or Proposal pact. Gig Pact allows anyone to create a freelancing or employment contract on the Blockchain. This is a time-based contract where the employer pays the agreed upon payment at the agreed upon intervals. The contract acts as an "escrow smart contract" for the payment. The Proposal pact smart contracts can also be used to create a fundraising campaign or kickstarter-type campaign on blockchain. It allows the creator of the smart contract to set a voting start time and duration. So contributors can choose to vote later on whether the funds are to be disbursed to the creator's account or to another account (e.g. refunded to them).

Description

Procurement serves as the main avenue through which organizations engage with their external business counterparts. As both supplier and buyer networks continue to grow in complexity, the technology employed to navigate these networks often relies on outdated applications and processes. While procurement teams excel in negotiating contracts, they frequently face challenges when it comes to their implementation. Traditionally, the functions of legal, procurement, supply chain, and finance have operated in a fragmented manner, optimizing their own internal processes without cohesive integration, which is further complicated by conventional ERP systems that cannot efficiently manage business rules and volume discounts across various divisions, subsidiaries, and partners. This increasing complexity in contract execution requirements leads to significant contract leakage for large organizations, creating a disparity between the savings that are negotiated and those that are ultimately realized. Consequently, organizations must reevaluate their procurement strategies to close this gap and enhance efficiency.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Apollo GraphOS Yes 
Avalanche Yes 
BNB Smart Chain (BSC) Yes 
Ethereum Yes 
Polygon Yes 

Integrations

Apollo GraphOS No 
Avalanche No 
BNB Smart Chain (BSC) No 
Ethereum No 
Polygon No 

Pricing Details

$0
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

ChainPact

Founded

2022

Country

India

Website

chainpact.xyz

Vendor Details

Company Name

EY

Country

United Kingdom

Website

www.ey.com/en_us/blockchain-platforms/contract-manager

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Product Features

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