Case Study: Honeywell achieves autonomous procurement at enterprise scale with Pactum AI

Honeywell deploys nearly $500M in autonomous negotiations with Pactum AI

Honeywell, a Fortune 100 industrial company, faced the challenge of manually negotiating hundreds of time-consuming supplier contracts, a process that was slow and left savings opportunities untapped. Their procurement teams were stretched too thin to handle the scale. To address this, they turned to Pactum AI's autonomous negotiation platform.

By implementing Pactum's AI agents, Honeywell automated these supplier negotiations at an enterprise scale. The solution concluded over 2,500 negotiations autonomously, deploying nearly half a billion dollars in spend and delivering significant savings, such as $65,000 in a single negotiation. Pactum's AI also achieved an 80% supplier engagement rate, creating a more collaborative process.

Honeywell