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features
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support

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Description

Pactum, an AI-powered product, automates and optimizes negotiation processes to achieve better agreements. It focuses on low-cost, high-volume agreements that are often unmanaged or renegotiated with high costs. Pactum's goal is to increase profitability by 4.2% on average using advanced AI technology. Pactum clients' negotiation processes are 71% automated on average. This means that there is no need for human intervention, saving both time and resources. It can negotiate thousands of deals at once, allowing users the ability to engage their entire long tail simultaneously.

Description

Elsai Sourcing Intelligence is a procurement workflow solution enhanced by AI that assists supply chain teams in managing their sourcing processes effectively. It streamlines various tasks such as sourcing intake, supplier research and selection, the creation of RFx events, auction management, bid analysis, award recommendations, governance oversight, and sourcing analytics. This tool enables teams to oversee the entire sourcing journey from request to award, providing justifications for supplier choices and award decisions, allowing for human intervention in cases of policy exceptions or threshold-related awards, and utilizing versioned templates and rules. Additionally, it maintains a comprehensive, traceable record of all events, bids, communications, and decisions made throughout the process. Its dashboards provide insights into the sourcing pipeline, event cycle times, captured savings, supplier participation, and adherence to compliance standards. Specifically designed for regulated enterprises, this solution can be deployed in various environments, including private clouds, on-premises, or localized settings, and it seamlessly integrates with existing procurement, ERP, contracting, and supply chain systems, enhancing overall operational efficiency. This integration allows organizations to harness the full potential of their existing infrastructure while improving sourcing outcomes.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

No images available

Integrations

Coupa Yes 
SAP Ariba Yes 
Synertrade Yes 

Integrations

Coupa Yes 
SAP Ariba Yes 
Synertrade No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
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 Yes 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

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

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Pactum

Founded

2019

Country

United States

Website

pactum.com

Vendor Details

Company Name

elsai

Founded

2025

Country

India

Website

www.elsai.ai/supplychain-procurement/sourcing-intelligence

Product Features

Artificial Intelligence

Chatbot No 
For Healthcare No 
For Sales No 
For eCommerce No 
Image Recognition No 
Machine Learning No 
Multi-Language No 
Natural Language Processing No 
Predictive Analytics No 
Process/Workflow Automation No 
Rules-Based Automation No 
Virtual Personal Assistant (VPA) No 

Procurement

Asset Management No 
Auction Management No 
Bid Management Yes 
Budget Management No 
Catalog Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management Yes 
Spend Management No 
Supplier Management No 

Alternatives

Alternatives