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Fairmarkit AI Sourcing
Shares tags: automate, back office, procurement
AI Tool
Transform Procurement with AI-Driven Insights
Unlock cost savings and enhance supplier collaboration with Arkestro Autonomous Procurement.
Visit Arkestro Autonomous Procurement→
AutomateBack OfficeProcurement
1Proactively identify savings and reduce risks with advanced AI recommendations.
2Automate negotiations and supplier performance analytics in real-time.
3Transform procurement from a cost center into a strategic value driver.
4Streamline processes and enhance compliance without increasing headcount.
overview
What is Arkestro Autonomous Procurement?
Arkestro Autonomous Procurement is a predictive procurement platform that leverages AI to negotiate optimal supplier terms. Our solution empowers procurement teams to make data-driven decisions that lead to measurable savings and enhanced operational efficiency.
- 1Leverage advanced AI models for predictive insights.
- 2Make informed decisions with comprehensive market data.
- 3Drive automation and reduce manual processes.
features
Key Features of Arkestro
Arkestro’s powerful features combine negotiation science and market insights to provide a well-rounded procurement solution. Our platform empowers organizations to optimize their supplier relationships effortlessly.
- 1Automated negotiations that close deals faster.
- 2Category co-pilot feature for actionable line-item decisions.
- 3Integrated supplier performance analytics for ongoing improvement.
insights
Stay Ahead with Arkestro Labs
Our commitment to innovation is reflected in Arkestro Labs, where we develop cutting-edge AI capabilities. The latest suite of models gives procurement teams the insights needed to stay ahead in a rapidly changing market.
- 1Access forward-looking recommendations tailored for your needs.
- 2Capitalize on efficiency opportunities seamlessly.
- 3Act on market conditions with smart, automated adjustments.
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Frequently Asked Questions
+Who can benefit from Arkestro Autonomous Procurement?
Arkestro is designed for large enterprises looking to transform procurement into a strategic function, driving measurable savings and increased efficiency.
+How does Arkestro use AI in procurement?
Arkestro utilizes AI to analyze purchasing history and external market data, allowing for real-time decision-making and automated negotiations that enhance supplier management.
+What makes Arkestro different from other procurement tools?
With its patented 'Three Sciences' methodology, Arkestro integrates negotiation science, supplier science, and process science to provide a comprehensive and effective procurement solution.