Automated Negotiation Assistant for Procurement
At Rapid RPA, our automated Negotiation Assistant helps procurement teams secure favorable vendor agreements by utilizing data-driven strategies. With real-time insights based on past agreements and current market conditions, this solution empowers teams to enter negotiations prepared to maximize value and identify cost-saving opportunities.
Overview:
Our Negotiation Assistant provides actionable data and suggestions to streamline contract and claim negotiations. By analyzing historical agreements, ongoing relationships, and market trends, the system delivers proactive recommendations to support procurement teams in making informed decisions. Whether it’s vendor claims or material pricing, our assistant adapts quickly to ensure every negotiation is data-backed and strategically advantageous.
Key Features:
Detailed BOM Creation: Generate comprehensive Bills of Materials that provide detailed cost analysis at the commodity level.
Negotiation Dashboard: Gain a complete view of negotiation dynamics, including historical agreements, ongoing terms, and potential risks.
Vendor Claim Insights: Extract and analyze claims data to assess risks, identify discrepancies, and build strong negotiation positions.
By equipping teams with advanced tools, our Negotiation Assistant reduces the complexity of procurement processes and delivers tangible results for your business.
