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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

Field Materials stands at the forefront of AI-driven procurement solutions for contractors, enabling them to automate the processing of purchase orders and invoices. The platform's web and mobile applications enhance the material procurement process throughout the entire construction project lifecycle, starting from obtaining quotes in the pre-construction phase to overseeing orders and deliveries on-site. By digitizing tasks that were previously managed through Excel spreadsheets, email, and physical paperwork, it significantly reduces the likelihood of errors and project delays. The use of AI for verifying delivery slips and invoices, along with automating notifications and reminders, ensures greater efficiency. Additionally, Field Materials revolutionizes the industry by offering a unified system that tracks agreements between contractors and suppliers while automating follow-ups to guarantee that everything is completed on schedule. The company collaborates with both general contractors and specialized subcontractors who require substantial volumes of materials from niche suppliers, thereby enhancing the overall procurement experience. Their innovative approach not only improves operational efficiency but also promotes better collaboration among industry stakeholders.

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

Screenshots View All

No images available

Integrations

CMiC Yes 
Coupa No 
FOUNDATION Yes 
Microsoft Excel Yes 
PlanSwift Yes 
Procore Yes 
QuickBooks Online Yes 
SAP Ariba No 
STACK Yes 
Sage 100 Yes 
Sage 300 Construction and Real Estate (CRE) Yes 
Sage Intacct Yes 
Synertrade No 
The Estimating EDGE Yes 
Trimble Connect Yes 
Viewpoint Spectrum Yes 
Viewpoint Vista Yes 

Integrations

CMiC No 
Coupa Yes 
FOUNDATION No 
Microsoft Excel No 
PlanSwift No 
Procore No 
QuickBooks Online No 
SAP Ariba Yes 
STACK No 
Sage 100 No 
Sage 300 Construction and Real Estate (CRE) No 
Sage Intacct No 
Synertrade Yes 
The Estimating EDGE No 
Trimble Connect No 
Viewpoint Spectrum No 
Viewpoint Vista No 

Pricing Details

Free
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 Yes 
iPad App Yes 
Android App Yes 
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) No 
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

Field Materials

Founded

2022

Country

United States

Website

www.fieldmaterials.com

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 No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

Purchasing

Catalog Management No 
Compliance Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

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 

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