Pactum is a software platform for autonomous procurement, aimed at indirect purchasing. According to the vendor, its 'digital workers' take each request from intake to purchase order, including negotiating with suppliers. Organisations with a high volume of purchase requests use it to automate repetitive buying and contract agreements. Pactum is delivered as a cloud service (SaaS), and the vendor lists SOC 2 Type 2 and ISO/IEC 27001:2022 certifications.
Pactum AI Inc. is headquartered in Mountain View, California (USA). Its privacy policy states that personal data may be processed in the United States, Canada, the United Kingdom and Switzerland; no specific hosting region for customer data is published. For transfers outside the EEA the company refers to adequacy decisions, standard contractual clauses and certification under the EU-US Data Privacy Framework. As a US company it is subject to US law such as the CLOUD Act. A European organisation that entrusts negotiation data and supplier terms to the service should set the data processing agreement and the data location out contractually.