Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Fairmarkit is an intelligent sourcing platform that empowers companies to purchase the goods and services they require more efficiently. Fairmarkit empowers procurement and supply-chain teams to use automation and data to promote competitive bidding and reduce manual work in existing processes. Fairmarkit is a consortium of innovative procurement departments from a variety of industries such as Univision and ServiceNow. It aims to revolutionize how organizations purchase goods and services. Visit www.fairmarkit.com to learn more.
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
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Coupa
Yes
SAP Ariba
Yes
Ivalua
Yes
Oracle PeopleSoft
Yes
Pliant
Yes
SAP Store
Yes
Synertrade
No
Workday Extend
Yes
Integrations
Coupa
Yes
SAP Ariba
Yes
Ivalua
No
Oracle PeopleSoft
No
Pliant
No
SAP Store
No
Synertrade
Yes
Workday Extend
No
Pricing Details
Flexible pricing options 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
No
Live Rep (24/7)
Yes
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
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
Fairmarkit
Founded
2017
Country
United States
Website
fairmarkit.com
Vendor Details
Company Name
Pactum
Founded
2019
Country
United States
Website
pactum.com
Product Features
Procurement
Asset Management
No
Auction Management
Yes
Bid Management
Yes
Budget Management
Yes
Catalog Management
Yes
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
Yes
Purchase Order Management
No
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
No
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