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features
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support

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Description

Evolinq implements AI-driven buyer agents that independently manage the entire procurement process, which includes generating RFQs, assessing quotes, finalizing purchase orders, monitoring shipments, handling invoices, and identifying irregularities. This solution achieves an impressive 91% automation of tasks without necessitating any alterations to existing ERP systems. It caters to various industries such as manufacturing, defense, electronics, automotive, and healthcare, showcasing its versatility and efficiency in streamlining procurement operations.

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.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

No images available

Integrations

Coupa No 
NetSuite Yes 
SAP Ariba No 
SAP ERP Yes 
Synertrade No 

Integrations

Coupa Yes 
NetSuite No 
SAP Ariba Yes 
SAP ERP No 
Synertrade Yes 

Pricing Details

not available
Free Trial No 
Free Version No 

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

Customer Support

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

Types of Training

Training Docs Yes 
Webinars No 
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

Evolinq

Founded

2023

Country

United States

Website

evolinq.io

Vendor Details

Company Name

Pactum

Founded

2019

Country

United States

Website

pactum.com

Product Features

Procurement

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

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

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