AI platform for cost intelligence.
Announcement
Fakto raises $4.2M to build the AI platform for cost intelligence.
Read the announcementFakto AI platform enables you to recover 2-5% of your spend lost to mis-billed and under-leveraged contracts. Our agents work 24/7 to read every supplier contract and invoice to close the gap between what's negotiated and what's executed. We'll find $500K in recoverable spend in 30 days, or give you $10K for your time.
Wrong-grid billing, indexation drift, tariff misapplications, coefficient errors, uncontracted rates. Every invoice price reconciled against the right contractual reference, line by line.
Three suppliers for the same category, and their volume consolidated onto one.
Fuel, Contract FRA-2024-FUEL-0421
13.4% over negotiated rate
Recommendation
Issue corrective invoice request to supplier.
Rebate tracking, Annual view 2025
unclaimed across 2 suppliers
Recommendation
34% of earned rebate value not credited. Trigger supplier reconciliation.
SLA enforcement, MS-2026-W12
recoverable from supplier
Recommendation
3rd breach by this supplier in trailing 6 months. Pattern flagged for renegotiation.
Panel routing, Lane-7842
annualized savings on Paris → Lyon lane
Recommendation
Reroute to Logifret Regional, available now in panel.
Volume aggregation, Indirect spend
unlocked annually via consolidation pricing
Recommendation
Consolidate the category's volume onto one supplier.
The platform
What a yearly audit samples, and what Fakto reads
A field of several hundred dots, one per invoice line. A small rectangle in one corner marks the share a yearly audit samples. A handful of red dots, the findings, sit outside it.
Findings surfaced over the last 30 days
One finding, with everything behind it
Wrong pricing grid applied, +€490.20 overcharge, 13.4% over negotiated rate.
Every supplier contract, every invoice, every operational decision - across the full AP layer.
Findings within days of the billing cycle - not quarters or years.
99% precision, evidence-grade outputs, ready for action.
Customer stories
recoverable margin identified
With Fakto, a major French construction group transformed fuel procurement oversight from a periodic, manual audit cycle into a continuous, evidence-grade reconciliation layer running across every contract and every invoice.
productivity gain vs. manual review
Using Fakto, a major retail group moved commercial lease oversight from sample-based spot checks to full-portfolio coverage - reconciling every lease clause against every rent and charge invoice to surface indexation errors on rent, non-recoverable charges billed by landlords, and unhonored rent-free periods.
overbilling recovered across the carrier mix
Powered by Fakto, a major manufacturing group turned freight cost control into a continuous reconciliation layer - independently recalculating the expected price of every shipment from contractual grids, comparing it to the invoiced price down to the cent, and benchmarking each shipment across all available carriers.
Industries & sectors
Native integrations
+ 50 integrations available in catalog
Document formats
Structured PDF
Machine-readable invoices, contracts, schedules
Scanned PDF · OCR
Image-based invoices, photographed contracts, scanned schedules
XLSX · CSV
Tabular data, supplier price lists, invoice extracts
DOCX · Email
Contracts, amendments, supplier correspondence
Fakto reads any document a procurement team handles
