Benefits
BEST PRACTICE
Minimise your workload to a few mouse clicks and manage more procurement volume in less working time. For example, your new PACTA workflow for your P2P processes could look like this:
1
Easy upload of your existing contract documents & automated identifying, splitting and categorising of your clauses
2
One-off creation of automated Forms and Risk Analysers with your clauses by your legal experts as your self-service legal hub
3
Automated, perfectly formatted drafts of your RFPs & purchasing conditions according to the specifications of your legal experts
4
Automated review of incoming supply contracts, T&Cs, NDAs, DPAs, according to the specifications of your legal experts
5
Automated review loop between legal and procurement for individual contract clauses outside the scope of forms & risk analysers
6
Negotiation of commercials and individual contract terms with all parties in real time in PACTA Collaboration Room
7
Automated extraction of data, deadlines, terms and rankings of all documents in your deals (matters) with PACTA Insights
8
Filterable comparison of quotation data and notification about the current status of your matters
9
If required, verifiable approval of supply contracts by the legal department, finance and/or management per mouse click
10
Digital contract conclusion in seconds with eSignature of all required documents by all contract parties
11
Post-Signing: Continuous data-driven monitoring of your matters and automated reminders of deadlines and terms
12
Centralised monitoring, updating of clauses and automated streamlining of all PACTA Forms and Risk Analysers
ALL MODULES
Collaboratively create, check, negotiate, digitally sign, analyse and provide documents across organisations. Optimise the entire lifecycle of your documents and contracts.
Our customers
"By using PACTA, we were able to accelerate our digitization process in an uncomplicated and fast way. PACTA offers us the possibility to work even more efficiently and independent of location."
"PACTA is an exceedingly useful tool for automated document creation and signing with intuitive operation and an appealing design. Thanks to PACTA, we have been able to realise considerable time savings in the company, especially when creating employment contracts. Particularly worth emphasising is that the team behind PACTA is very competent and always ensures that customer wishes are taken into account and that the tool is consistently developed further.“
Thanks to PACTA, we were able to create a central point of contact for our internal contract management, which we can access from anywhere and which displays a wide range of information directly without having to open or download every single document. Thanks to digitalisation, we have a much better overview of the contracts at our various locations and are automatically informed by the deadline management system when payment or cancellation deadlines or automatic contract extensions are due - so we can act flexibly at all times. In addition, the wide range of options for sorting and finding documents saves us a lot of time and effort.
"With PACTA, we can automate the creation of bond terms and conditions as well as investment and securities information sheets with a high degree of individualization. This gives us more time to structure investment and hedging concepts on a case-by-case basis and to advise our clients individually on financing issues."
At a Glance
Our AI understands everything to do with clauses, risks, dates and deadlines. Purchasing-relevant information is automatically recognized and prepared in an understandable way.
Data-driven control: build up centralized legal knowledge and apply it at scale. This significantly reduces the bottleneck in the purchasing department.
GDPR compliant AI platform on servers within the EU. Two-factor authentication and highest encryption standards for the protection of your identity and data.
Choose a date that suits you now and one of our product experts will contact you shortly. We look forward to a obligation-free conversation with you.
Learn more about PACTA
PACTA product presentation for procurement
The PACTA solution for procurement