Tacto provides a Procurement Intelligence Platform powered by AI agents specifically designed for industrial purchasing departments. This platform integrates ERP purchasing data with external market data to identify savings potential and automate manual procurement tasks. By leveraging AI-driven insights, the system enables fact-based decision-making to reduce costs while maintaining quality and supply availability.
Funding
$60.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Mid-sized industrial firms often struggle with supplier management and compliance due to reliance on manual processes and fragmented systems. This leads to inefficiencies, increased administrative burden, and difficulty in identifying cost-saving opportunities and ensuring sustainable sourcing.
Solution
Tacto offers a digital procurement platform designed to streamline and automate supplier management and compliance for mid-sized industrial companies. The platform centralizes supplier data and processes, providing a single source of truth for enhanced visibility and control. By leveraging data analytics and AI-driven insights, Tacto enables businesses to identify cost reduction potentials, optimize material procurement, and build resilient, future-proof supply chains. The system facilitates strategic supplier management, efficient handling of compliance requirements, and improved collaboration with suppliers, ultimately freeing up resources for more strategic activities.
Target Audience
Tacto primarily targets mid-sized industrial companies in sectors such as machinery and plant engineering, medical technology, electronics, and automotive, seeking to optimize their procurement processes and build stronger supply chains.
Features
- SRM Base Platform: Centralizes all supplier-related data and processes in one location.
- 360° Supplier Management: Facilitates effective management, development, and evaluation of supplier relationships with AI support.
- Procurement Analytics: Provides real-time analysis of purchasing data to identify savings opportunities and inform negotiations.
- Supply Chain Compliance: Automates and secures the monitoring of ESG, CO₂, and regulatory compliance.
- Intelligent Sourcing: Optimizes the sourcing process from supplier selection to digital contract management.
- AI-powered co-pilot that delivers recommendations and insights based on real-time data.
- Integrates with existing ERP systems to streamline data flow and avoid system silos.