Fakto

Fifteen carriers under one continuous reconciliation layer: 4% overbilling identified and an annualized $233k to $292k position across five value pools.

Recovery audits sample 5 to 15% of invoices and report 18 to 36 months after payment. A $572 error repeated 2,000 times a year never clears their threshold.

A top-tier French construction group put a $175M fuel, rental and MRO perimeter under continuous reconciliation and had $2.9M documented in three weeks.

Meet Fakto at DPW Amsterdam, September 30 - October 1. Live line-by-line reconciliation on real contract and invoice data - grids, indexation formulas, rebate thresholds.

Frst led a $4.2 million seed round to scale the AI platform that reads supplier contracts and checks invoices.

The company won Gold in the Performance & Innovation category at the DAF Night, alongside client Paragon.

The company’s core engineering team builds the data pipeline and infrastructure for agents delivering Cost Intelligence to enterprise spend.

The company’s core engineering team develops back-end systems, APIs, and infrastructure for Cost Intelligence in enterprise spend.

Open roles at Fakto, the AI platform for cost intelligence: a small team in Paris, backed by Frst, hiring engineers and operators. Permanent contracts and spontaneous applications.

The founding Forward Deployed Engineer shapes how customers use Fakto throughout their journey.

Fakto's legal notice: publisher, hosting, and intellectual property information.

Fakto demonstrates live line-by-line reconciliation using real contract and invoice data at DPW Amsterdam 2026. The system handles complex financial elements like grids, indexation formulas, and rebate thresholds. Attendees can explore practical applications of the technology in contract management and financial verification.

Sep 2026FaktoNews article

Fakto.ai identifies six real-world cases where supplier invoices deviate from their original contracts. Issues include outdated discount structures, incorrect rent indexing, and rounding errors that inflate costs. The examples highlight common contract loopholes that lead to unexpected pricing discrepancies for buyers.

Aug 2026FaktoNews article

A French construction group identified **$2.9 million in overcharges** after auditing a **$175 million** fuel, rental, and maintenance, repair, and operations (MRO) spending perimeter. The discrepancies were uncovered through continuous reconciliation processes within **three weeks**. The findings highlight inefficiencies in supplier billing or internal tracking systems.

Aug 2026FaktoNews article

Fakto.ai identifies **4% overbilling** across **15 telecom carriers** under a unified reconciliation platform. The solution targets **five value pools**, delivering annualized savings of **$233k to $292k** per carrier. The tool automates billing audits to detect discrepancies in telecom contracts.

Jun 2026FaktoNews article