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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Procurement departments often find themselves overwhelmed by administrative duties and repetitive actions, such as completing forms, addressing gaps in internal systems, and managing disorganized spreadsheets. We offer solutions that automate these monotonous tasks and provide the vital structures needed to enhance strategic procurement efforts. Tacto empowers your organization by introducing the advantages of a digital procurement process, allowing your team to focus on value-generating and strategic initiatives. By leveraging these opportunities, you can streamline processes for requests for quotes (RfQs) and supplier management, thereby building a robust and adaptive system for the future. Innovative data analytics and artificial intelligence are key components of future-proof procurement, helping to sustainably boost the value that procurement brings to your organization. Our software equips your team to navigate the growing complexity of procurement effectively, enabling them to make informed decisions backed by data. Thus, the integration of advanced technology not only simplifies operations but also enhances overall procurement efficiency.

Description

iQuantum introduces an advanced AI/ML-driven procurement solution designed to provide Procurement leaders with complete visibility across various spending categories. This platform combines a strong diversity spend feature with tools for supplier sustainability, performance assessment, and contract administration. By leveraging AI/ML capabilities, it offers predictive analytics that enhance purchasing decisions significantly. The procure-to-pay process provided by iQuantum ensures a swift onboarding experience for procurement teams, making it easier to adapt to new systems. With its contemporary design and user-friendly interface, both customers and suppliers find it easy to navigate and utilize. Additionally, iQuantum boasts a comprehensive global supplier database that gives clients a competitive advantage. The solutions provided cater to corporations, government entities, individuals, and agencies, allowing for real-time reporting categorized by classification, geography, and industry codes. Furthermore, iQuantum supports full lifecycle management of contracts, integrates third-party contracts seamlessly, employs OCR/ML technology to pinpoint high-risk contracts, and incorporates document management features to simplify contract template usage. Finally, a cost savings tracker is also available to help organizations monitor their financial efficiency.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Ariba Network No 
SAP Cloud Platform No 

Integrations

Ariba Network Yes 
SAP Cloud Platform Yes 

Pricing Details

No price information 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) No 
Online Support Yes 

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 No 

Types of Training

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

Vendor Details

Company Name

Tacto

Founded

2020

Country

Germany

Website

en.tacto.ai/

Vendor Details

Company Name

iQuantum

Country

United States

Website

www.iquantum.ai/

Product Features

RFQ

Supply Chain Management

Demand Planning No 
Electronic Data Interchange No 
Import / Export Management No 
Inventory Management No 
Order Fulfillment No 
Order Management No 
Sales & Operations Planning No 
Shipping Management No 
Supplier Management No 
Transportation Management No 
Warehouse Management No 

Product Features

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking Yes 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search Yes 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) Yes 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

Procure to Pay

Billing & Invoicing Yes 
Budgeting / Forecasting Yes 
Compliance Management Yes 
Contract Lifecycle Management Yes 
Financial Reporting Yes 
Integration Management Yes 
Inventory Management Yes 
Order Management Yes 
Vendor Management Yes 

Procurement

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

Spend Management

Approval Workflow Yes 
Budgeting / Forecasting Yes 
Expense Tracking Yes 
Multi-Currency Yes 
Prepaid Cards No 
Procurement Management Yes 
Receipt Management Yes 
Spend Analysis Yes 
Spend Control Yes 
Supplier Management Yes 

Supply Chain Management

Demand Planning No 
Electronic Data Interchange No 
Import / Export Management No 
Inventory Management Yes 
Order Fulfillment No 
Order Management Yes 
Sales & Operations Planning No 
Shipping Management No 
Supplier Management Yes 
Transportation Management No 
Warehouse Management Yes 

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