AI-Driven negotiations
for large companies.
What we do
Transforming complex negotiations into streamlined, data-driven successes.
The Problem
Negotiations are often time-consuming, labor-intensive, and mismanaged, leading to missed opportunities, inconsistent terms, suboptimal deals, and overlooked supplier relationships. Although there is constant pressure on individuals to manage large multi-million-dollar contracts, the high volume of smaller supplier agreements exposes businesses to legal risks and operational inefficiencies. This creates challenges in managing costs effectively and ensuring smooth, consistent deal-making across the supply chain.
Our Challenge
We recognized that negotiating high-volume, low-value agreements, or tail spend, presents a major challenge for companies. With a large number of suppliers and limited resources, effectively managing and optimizing these deals becomes nearly impossible, resulting in missed opportunities and untapped value.
Solution & Result
Our solution, powered by AI, efficiently manages thousands of simultaneous negotiations, significantly reducing the human workload and ensuring no supplier is overlooked. By leveraging real-time data, our AI-driven approach ensures timely, accurate negotiations that deliver substantial savings for clients. This innovative solution allows businesses to convert unmanaged spend into managed spend, maximizing value through intelligent, data-driven negotiations.
Optimized Integration
Seamless integration without disrupting workflows.
The initial scope covers the selection of a specific group of suppliers.
Validation of concept and establishment of metrics to ensure access to the full range of long- and mid-tail spend.
It takes less than 3 weeks to get the first results.
All you need to get started is a basic Excel file with supplier data, including existing terms and email addresses, eliminating the need for complex data integrations.
Realize the value of AI-powered negotiations at scale.
Once implemented, integrations will turn the use case into a recurring strategy for an automated, annual review of all commercial terms.
At Direct Deal we transformed the art of negotiation into a science and the science into an algorithm
Benefits
Unlock the potential of AI-driven negotiation processes for your business.
Standardization
Achieve better results by standardizing negotiations, ensuring enhanced quality control and consistency.
Governance
Our solution enhances governance and risk management for business deals, minimizing exposure to reputational risks.
Value Generating
Achieve greater profitability, enhanced negotiation efficiency, and significant cost savings.
Productivity
Engage effectively with mid- and long-tail suppliers while gaining control over unmanaged or under-managed spend.
Intuitive
With our interface, procurement can oversee, modify, start negotiations, and monitor their progress.
Reporting
Create comprehensive, user-friendly reports that facilitate audits, analytics, and broader business initiatives.
Flexibility
Configure negotiation parameters and set predefined acceptance thresholds to suit your needs, offering greater flexibility.
Automation
Automate your interconnected business processes to facilitate negotiations at scale.
Efficiency
Quickly engage with multiple suppliers, automating the negotiation of commercial terms and costs.
Versatility
Our AI solution is versatile and can be seamlessly implemented across various spend categories.
Speed
The email and chat-driven communication system enables fast and efficient interactions, leading to a quicker time-to-value.
Tailored
Suppliers gain unprecedented attention and the ability to craft deals tailored to their unique business needs and goals.