Pactum

Pactum co-founders Kristjan Korjus, Martin Rand and Kaspar Korjus

Pactum helps global companies to digitally conduct personalized commercial negotiations on a massive scale. Pactum works with $5B-plus revenue companies, including many top Fortune 500 organizations such as Walmart and Maersk.

Pactum’s solution creates a fast and responsive environment for users to digitally negotiate deals with thousands of suppliers at a time, leading to productivity gains, cost-reductions and stronger terms for all parties. On average, Pactum generates savings of 3%-5% when fully deployed by enterprise clients, creating hundreds of millions of dollars in unrealized savings.

While Pactum is currently focused on agreements with suppliers, it’s easy to see where this technology could go next. How about using AI to help employers and employees negotiate employment contracts based on their unique requirements?

Insights

Autonomous negotiations

Category defining company

Walmart

First customer