Who the supplier is. What the agent may buy. Both on record.
Business buying is moving to AI agents, across the open market rather than inside one marketplace. ParCor gives each side a record the other side's systems can check.
It has already started
$15 trillion
Business-to-business buying run through AI agents by 2028 (source 1)
Forecast
68%
Suppliers reaching agreement with Walmart's AI negotiator (source 2)
Walmart ranks second on the Fortune Global 500
58%
Procurement teams already using or piloting AI (source 3)
Survey of 311 procurement leaders, 2026
The open market has no gatekeeper
Logs show what an agent did. ParCor's records show what it was authorised to do.
Each buyer runs its own AI agent, in its own procurement system. No single marketplace stands between buyer and supplier to vouch for either, so trust has to travel with the company and with the order. A supplier needs one credential that every buyer's agent can read. A buyer needs every purchase its agents make to carry the authority behind it.
One standard for every side of the trade
For suppliers: the Known Vendor Program
A supplier is verified once, for every buyer, and holds a credential any buyer's AI agent can read: who the company is, what was checked, and when. It is re-checked every year, sanctions lists are re-screened in between, and each order and delivery adds a signed record, so what an agent reads stays current.
For buyers: ParCor Verify
Every AI purchase, authorised and recorded. By design, each purchase an agent makes carries the authority a named person gave it and leaves a signed record that an auditor can check.
For banks and credit funds
Trade credit needs facts that can be checked. By design, ParCor's records show who the supplier is, what the buyer's agent was authorised to buy, and each order and delivery, signed and time-stamped, so that a bank or credit fund can rely on them when it extends credit to verified businesses.
How an agent's authority is checked
- A named signatory grants authority, under the company's own board resolution.
- A department or programme owner narrows it to what one team may do.
- Each agent receives a short-lived grant within that scope.
- Every action carries all the grants above it, back to the signatory, and a time stamp, so any party can check it.
By design, authority only narrows as it is delegated, and it can be withdrawn at any level.
See it work
The demonstration checks four sample records in the browser. Nothing is sent anywhere.
Founding members
The Known Vendor Program opens with up to 100 founding members in each region, by invitation. They are the first suppliers ParCor verifies, and the first that buyers' AI agents can find.
- European, under EU law
- Not a marketplace
- No commission on trade
- Never holds client money
Sources
- Gartner, November 2025 (forecast).
- Harvard Business Review, November 2022; Fortune, July 2026.
- Ardent Partners, AI Rising 2026.
ParCor runs as a demonstration today.
Nothing on this page constitutes an offer of securities, an invitation to invest, or an offer to provide credit or payment services.