Walmart’s procurement team now runs part of its supplier negotiations through an AI agent. Not a chatbot that drafts a counteroffer for a human to send on — an agent that actually conducts the back-and-forth. Pactum, the vendor behind it, says its agents have handled more than $1 billion in negotiated spend for Walmart, landingContinue reading “AI Agents Are Now Negotiating Real Contracts — Here’s the Fine Print”
Tag Archives: chatgpt
🚀 Transforming the Pre‑Deal Process in CTRM: How AI, GenAI, and Mobile Apps Are Redefining Front‑Office Efficiency
Commodity trading has always been a race against time. Markets move fast, counterparties expect instant responses, and traders rely on accurate, real‑time insights to make profitable decisions. Yet, in many organizations, the pre‑deal process — the critical workflow before a trade is executed — remains slow, manual, and fragmented across emails, spreadsheets, and legacy systems.Continue reading “🚀 Transforming the Pre‑Deal Process in CTRM: How AI, GenAI, and Mobile Apps Are Redefining Front‑Office Efficiency”
The Future of Commodity Trading: How AI is Reshaping CTRM
The world of commodity trading is in constant motion, driven by volatile markets, intricate logistics, and ever-evolving risks. For years, Commodity Trading and Risk Management (CTRM) systems have been the backbone of this industry, helping firms manage the complexities. But what if these systems could do more than just manage? What if they could predict,Continue reading “The Future of Commodity Trading: How AI is Reshaping CTRM”
