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Tacto

FOUNDED : 2020

LOCATION : Europe, Germany

TEAM SIZE : 2-10

SOLUTION MATURITY : Startup

FUNDING ROUND : Seed

TOTAL FUNDING RAISED ($m) : $5.5

Core functionality
Project Collaboration
Additional functionality
Supplier Relationship Management (SRM)
Tail Spend Management
Vendor Master Data Portal
Description

Tacto develops an intuitive, data-driven, and automated approach to project collaboration in procurement for medium-sized industrial enterprises. It offers solutions for vendor management, sourcing, and productivity.

Tacto allows you to analyse all your data instantly and share it with your team in a simple and understandable way. It uses AI-based data analytics to monitor countless influencing factors on your supplier and item portfolio and respond with effective actions in due time.

The software gives customers a transparent overview of their procurement activities, algorithmically highlighting risk & savings potential, and automating all transactional workflows in sourcing and supplier management.

It lets you work seamlessly with your suppliers for an efficient RFQ process and make informed procurement decisions, and also helps you to evaluate suppliers – aggregating soft and hard facts for a comprehensive overview.

Tacto’s solutions eliminate tedious processes so customers can focus on strategic work, leverage savings potential, and reduce complexity – all without the need for costly IT resources.

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