Labviva
The AI-driven life sciences marketplace for seamless laboratory procurement and spend management.
Pactum is a category-defining autonomous negotiation platform that leverages game theory and advanced natural language processing to conduct high-volume, multi-variable negotiations. By 2026, Pactum has established itself as the critical infrastructure for Global 2000 enterprises to manage 'tail spend'—the high-volume, low-value contracts that are traditionally ignored by human procurement teams due to resource constraints. The technical architecture combines Large Language Models (LLMs) with proprietary negotiation logic to ensure that every interaction remains within the bounds of corporate policy while maximizing value for both parties. It creates a win-win environment by identifying trade-offs (like payment terms vs. pricing) that humans might overlook. Operating as a headless negotiation engine or via a conversational interface, Pactum integrates directly into ERP systems such as SAP and Oracle, transforming static contract repositories into dynamic, value-generating assets. Its 2026 market position is focused on 'Autonomous Commerce,' where AI agents manage the entire lifecycle of supplier relationships with minimal human intervention.
Uses mathematical models to calculate the optimal outcome based on thousands of potential trade-off scenarios.
The AI-driven life sciences marketplace for seamless laboratory procurement and spend management.
The intelligent procurement platform that automates the entire P2P lifecycle through AI-driven spend management.
Streamline your source-to-settle process with integrated AI and automated risk management.
Verified feedback from the global deployment network.
Post queries, share implementation strategies, and help other users.
LLM-powered conversational engine that understands nuance, intent, and supplier sentiment.
Bi-directional synchronization with SAP Ariba and Coupa for real-time data accuracy.
Logic engine that can negotiate up to 12 different variables simultaneously (price, term, lead time, ESG metrics, etc.).
Tracks supplier response patterns to adjust negotiation strategies in real-time.
Specific modules designed to negotiate CO2 reduction targets as part of the supplier contract.
Hard-coded logical constraints that prevent the AI from agreeing to terms outside of predefined legal templates.
Walmart needed to negotiate terms with thousands of small-scale suppliers that human buyers didn't have time to contact.
Registry Updated:2/7/2026
AI conducts chat-based negotiation.
Successful contracts are automatically updated in SAP.
Fluctuating fuel prices and capacity require constant re-negotiation of freight agreements.
Enterprise wants to move all vendors from 30-day to 60-day terms to improve cash flow.