Pactum has developed is an AI-based system that helps global companies automatically conduct personalized, commercial negotiations on a massive scale. It calls its AI offering negotiation-as a-service. The company says it is enabling companies across the financial, manufacturing, retail, consumer packaged goods, logistics, industrial, and auto sectors to create between $2 million and $11 million of new value per $100 million of spend. Customers include Walmart, Maersk, Vodafone and Wesco, a multinational electrical distribution and services company.
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