Pactum

Amazon and Walmart Use GenAI to Cut Vendor Costs

Amazon and Walmart Use GenAI to Cut Vendor Costs
Amazon and Walmart Use GenAI to Cut Vendor Costs
June 07, 2024  |  Retail

As Amazon and Walmart compete for retail dominance, the two industry giants are implementing generative artificial intelligence across the supply chain to cut costs and...

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AI Helps Multinationals Ease Supply Chain Pressures
AI Helps Multinationals Ease Supply Chain Pressures
August 13, 2023  |  artificial intelligence

Artificial intelligence isn’t new to shipping, but the way some companies are using it is. Get the Full Story Complete the form to unlock this...

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Chatbot Adoption Soars as Human Assistance Fades 
Chatbot Adoption Soars as Human Assistance Fades 
July 16, 2023  |  artificial intelligence

Unless you’ve been living under a rock, or haven’t been reading your PYMNTS newsletter, you’ve probably noticed that there’s been a massive shift in the way...

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Walmart Reportedly Finds 75% of Vendors Prefer Negotiating With Chatbot
Walmart Reportedly Finds 75% of Vendors Prefer Negotiating With Chatbot
April 26, 2023  |  Artificial Intelligence

Add procurement manager to the list of jobs being aided by artificial intelligence (AI) tools. Get the Full Story Complete the form to unlock this...

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Pactum Closes $3M Seed Funding Round
Pactum Closes $3M Seed Funding Round
June 30, 2020  |  B2B Payments

Pactum, which works to let companies automate personalized commercial negotiations on a wide scale, has ended a seed funding round for $3 million, according to...

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AR’s Role In Accelerating AP Processes
AR’s Role In Accelerating AP Processes
April 14, 2020  |  B2B Payments

Legacy accounts receivable (AR) and accounts payable (AP) operations aren’t only inefficient, they’re costly. Get the Full Story Complete the form to unlock this article...

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Adjusting The Goalpost In Buyer-Supplier Negotiations
Adjusting The Goalpost In Buyer-Supplier Negotiations
April 02, 2020  |  B2B Payments

Managing supplier relationships strategically is more crucial than ever to maintain supply chain flow and keep store shelves stocked. But when a company like Walmart...

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