Come out on top in negotiations with our AI-powered Procurement Solution. Autonomously negotiate with suppliers using historical and macroeconomic data to craft winning strategies. The agent integrates seamlessly into your procurement systems or automates via email, providing your team with powerful insights to enhance their own negotiations.
Procurement departments constantly strive to optimize the use of resources while trying to identify and seize opportunities to reduce costs. Effective negotiation is a cornerstone for long-term success in procurement. However, when companies rely solely on human expertise, their sourcing and purchasing teams may miss out on discount opportunities, alternative negotiation tactics, and data-driven market intelligence. Organizations become vulnerable when the intricacies of supplier bids and contracts are managed without a multitude of relevant insights. It requires a collective effort from experts across various domains to achieve the best procurement outcomes. Your AI Negotiation Assistant elegantly addresses this challenge. Leveraging advanced generative AI, it automates the negotiation of every supplier bid.
The AI agent evaluates bid prices by analyzing historical data such as proposals, RFPs, contracts, past discounts, and external macroeconomic indicators like material prices and inflation. After assessing this data, the AI Negotiation Assistant generates a robust negotiation strategy with compelling arguments and aligns its strategy with your objectives – whether that’s maximizing throughput or securing the best discounts. It then directly negotiates prices based on this elaborate strategy, ensuring optimal procurement outcomes.
Let the AI Negotiation Agent elevate your negotiation expertise and strategies across your organization. Benefit from an AI-powered assistance technology that bundles and connects knowledge and information better and faster to give you the better end of the stick in every negotiation. And because accuracy and data security are paramount for companies, the AI Negotiation Agent operates within your own secure infrastructure.
Reduce the need for manual intervention by automating price negotiations with suppliers, ensuring efficiency and consistency.
Leverage historical data and macroeconomic indicators to formulate robust negotiation strategies, enhancing decision-making capabilities.
Equip your procurement team with AI-generated insights and strategies, enabling them for human-led negotiations on sensitive or critical bids.
Hosted within your own infrastructure to ensure that sensitive data remains within a secure environment and complies with stringent data protection regulations.
Adapt the solution to meet the unique needs of your procurement process, ensuring it scales with your business.
Embed the solution within your existing procurement systems or utilize email automation for effortless implementation.
Streamline procurement processes, reduce manual effort, and drive procurement cost savings across the organization.
Ensure that negotiation objectives align with overall procurement objectives, whether it’s maximizing throughput or securing the best discounts.
Our ecosystem enables a holistic view of data & AI.
years of experience in Data Science, ML, and AI
clients from 10 industries and growing
experts from more than 17 fields of study
successfully implemented Data and AI projects
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Embark on a journey towards optimized procurement that empowers your team to negotiate smarter and achieve better outcomes. Choose our all-in-one package to unlock the full potential of AI-driven procurement.
The all-in-one agent to elevate your objectives and to enable your team and department.
Discuss your challenges and goals in the area of Data & AI with us.
Receive a customized and transparent offer.
We present our approach to all relevant stakeholders.
Our dedicated project team takes care of your needs.
