Procurement teams rely on their own Legal Co-Pilot and save time at reduced risk

Automate your procurement processes and access legal content in a data-driven way.

Elevate your legal process to the next level with PACTA - today and in the future.

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Benefits

The entire procure-to-pay process on a single platform

PACTA brings your documents to life. Monitor the timeliness, accuracy and plausibility of offer, contract and invoice content with the help of "Themis" and let it remind you of terms, delivery/cancellation deadlines and subscription cycles.

Accelerated contract closing

MSAs and vendor contracts are currently concluded within 76 days on average. PACTA enables the creation and review of contracts in minutes. Automated workflows significantly reduce the time spent on coordination and legal processes, saving valuable time.

Your legal co-pilot in procurement

PACTA's legal AI "Themis" searches, analyzes and extracts relevant metadata, deadlines and risks. This means less review effort, 31% faster decisions and reduced risks.

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

Modern companies rely on our expertise

"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."

Thomas Knüppel, Partner bei Klopsch & Partner Rechtsanwälte mbB

"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.“

Paul Tölle, Head of Strategic Project Management, GOLDBECK GmbH

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.

Kim Michels, Director Operations bei Betriebsarztservice Holding GmbH

"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."

Dr. Matthias Möller, Partner bei SCHIEDERMAIR Rechtsanwälte in Frankfurt am Main

At a Glance

Digital Contract Lifecycle Management in Procurement
The future of legal with AI

Our AI understands everything to do with clauses, risks, dates and deadlines. Purchasing-relevant information is automatically recognized and prepared in an understandable way.

Legal processes can be scaled

Data-driven control: build up centralized legal knowledge and apply it at scale. This significantly reduces the bottleneck in the purchasing department.

Security as the highest priority

GDPR compliant AI platform on servers within the EU. Two-factor authentication and highest encryption standards for the protection of your identity and data.

Ready to act faster and safer?

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.

A no-commitment product walkthrough;
Discussion built on your specific needs;
All your questions, answered.

Learn more about PACTA

PACTA product presentation for procurement

The PACTA solution for procurement