Webinar: Automating Indirect Spend through
Pactum & SAP Integration
Thursday, May 25th, 2023 - 11:00 am CST
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About the webinar
Recently, Pactum AI has been in the news for autonomously negotiating contracts for large companies. Thanks to technology, innovative procurement and supply chain departments can now deploy autonomous negotiations, i.e. where chatbots conduct negotiations without any human supervision with vendors. The result is a significant improvement in tail-spend contracts (between 3% to 10%), negotiations at scale that are not humanly possible (eg, 1000 negotiations per day) and increased supplier satisfaction.
In this interactive session, Pactum AI, together with SAP will present how indirect spend can be automated - saving procurement and logistics significant savings and adding immediate value. Attendees will acquire a comprehensive understanding of how Pactum's purchasing product can be deployed within their SAP Ariba instance. The demonstration will feature a complete integration within a staging environment, providing a detailed overview of the negotiation process from initiation to completion. It will also display how data is inputted back into SAP Ariba all through the autonomous process.
This session should be attended by leaders and decision makers in procurement, logistics and supply chain who are looking to explore how intelligent chatbots can 10X their business today. Attendees can expect to take away immediate actionable insights using AI negotiations which are being used by leading companies such as Walmart and Maersk to their advantage.
You will learn:
- Recession Proofing Your Business through autonomous negotiations
- How Intelligent Chatbots are negotiating contracts with suppliers
- How Enterprises such as Walmart and Maersk are adding value using autonomous negotiations
- Deploying SAP Ariba instance using Pactum's purchasing product.
Pactum AI co-founder and CEO Martin Rand recently joined ‘Mornings with Maria’ to discuss Walmart’s latest decision to use artificial intelligence to negotiate with vendors.
About the Webinar's Sponsors