Nibble

Nibble is an AI negotiation platform that automates price discussions for procurement teams. It integrates human-centric negotiations at scale, improving efficiency and tackling unmanaged spend.

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At a glance

Pricing

Likely Not Free

Free tier

API

Yes

Skill level

Technical

About

What is Nibble?

Nibble is an AI negotiation platform designed to automate and streamline procurement processes for enterprises. It leverages an AI agent to handle price discussions in minutes, significantly augmenting procurement teams to improve efficiency and address unmanaged spend. The platform supports mass renegotiations for existing terms, ad-hoc negotiations via a self-serve portal, and custom API integrations for RFQs and price lists. Built on academic research, Nibble offers unparalleled negotiation performance, helping businesses improve sourcing efficiencies, respond to supplier proposals quickly, and reduce workloads. It ensures data security and compliance with ISO 27001 regulations, utilizing custom LLM guardrails to protect sensitive pricing functions.

Best used for

Ideal for procurement teams who need to automate price discussions, conduct mass renegotiations for existing terms, and manage ad-hoc supplier purchases. Especially valuable for enterprises looking to improve sourcing efficiencies and tackle unmanaged spend by freeing up their team for strategic work.

Common actions

automate negotiations

manage procurement spend

streamline supplier interactions

improve sourcing efficiency

Capabilities

Key features

AI negotiation agent
Tail spend campaigns
Ad-hoc negotiations portal
API suite & customization
ISO 27001 compliance
Custom LLM guardrails

Target Audience

procurement managerssourcing specialistssupply chain directors

Integrations

coupasap-ariba

Pricing & Plans

Likely Not Free

Not publicly disclosed. Check nibbletechnology.com for current pricing.

FAQs

How does Nibble ensure data security and compliance?

Nibble is fully compliant with ISO 27001 regulations, ensuring that your data is kept secure and never used to train other implementations. It also employs custom LLM guardrails within its agentic architecture to keep pricing functions secure, controlled, and isolated from any LLM.

What types of negotiations can Nibble automate?

Nibble can automate various types of negotiations, including mass renegotiations for existing terms like price, payment days, and rebates through Tail Spend Campaigns. It also handles ad-hoc, non-strategic, single-supplier purchases via a self-serve portal, and can negotiate RFQs and price lists with multiple suppliers through its API suite.

How quickly can a proof of concept be developed with Nibble?

Nibble's flexible API suite allows for rapid proof of concept (POC) development, typically in a matter of weeks. This quick implementation helps businesses prove value and build trust efficiently before full integration with existing tech stacks like Coupa and SAP Ariba.

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