What's Up with Tech?

Revolutionizing Procurement: Pactum's AI-Driven Innovations in Business and Government


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Unlock the future of business negotiations with Kaspar, the visionary co-founder of Pactum, as he shares his groundbreaking journey from pioneering Estonia's e-residency to revolutionizing the world of AI-driven contract negotiations. Discover how Pactum is transforming procurement processes for giants like Walmart, using AI agents to autonomously interact with suppliers, optimizing terms, and delivering significant savings and efficiency. With Kaspar's insights, you'll grasp how autonomous agreements are redrawing the landscape of procurement, resulting in win-win outcomes for enterprises worldwide.

As we navigate the complex world of government procurement, Kaspar sheds light on how AI can redefine how public funds are utilized, making spending more transparent and strategic. Learn why traditional government processes are ripe for disruption and how hesitancy from startups is a barrier that can be overcome with advanced AI tools. Explore the shift from indirect to direct spending in manufacturing and the potential of AI as a strategic ally in decision-making, making companies more agile and competitive. This episode promises to broaden your understanding of AI's potential as both a transformative tool and a strategic partner in business and governance.

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What's Up with Tech?By Evan Kirstel