Resources
Articles
Research
Academic Papers
Marketing
Media pack
Press and media
Articles
PCMag / May 1, 2023
Negotiating a Vendor Deal With Walmart? You May Be Talking to AI
PYMNTS / April 26, 2023
Walmart Reportedly Finds 75% of Vendors Prefer Negotiating With Chatbot
FOXBusiness / April 26, 2023
Walmart using AI to negotiate cost, purchase terms with vendors in shorter timeframe: report
Bloomberg / April 26, 2023
Walmart Is Using AI to Negotiate the Best Price With Some Vendors
Procurement / March 1, 2023
PACTUM AI From Automating Agreements to Automating Ethics
Forbes / March 17, 2023
Your Next Negotiating Partner: Artificial Intelligence
In Focus
Bloomberg / December 08, 2022
Pactum Raises $20 Million in Maersk-Backed Funding to Grow AI Deal-Making
Yahoo! Finance / July 13, 2022
Pactum Named a 2022 Gartner® Cool Vendor in Sourcing and Procurement for Supply Chain
Yahoo! Finance / April 28, 2022
Pactum Launches Autonomous Short Term Rate Negotiation Solution That Enables Logistics Teams to Adapt to Supply Chain Volatility Instantaneously
Aimagazine / April 27, 2022
Pactum: utilising AI to transform procurement processes
Supply Chain Digital Show / April 01, 2022
Supply Chain Digital Show - Pactum CEO on AI negotiations
Invest in Estonia / February, 2022
This A.I. startup is saving Walmart and other big companies millions by automating negotiations
ProcureTech / January 14, 2022
Use AI to protect against the economic downturn
Spend Matters / January 10, 2022
Pactum: New Year wishes for the procurement solutions and services marketplace 2022
CPO Strategy / November 15, 2021
Pactum featured as a digital procurement pioneer in ProcureTech100 Yearbook 2021
Silicon Valley Business Journal / November 11, 2021
Here's why this startup designed a chatbot to negotiate contracts
Spend Matters / October 28, 2021
The A to Z of Spend Matters Future 5 2021 — Introducing Pactum
Spend Matters / October 14, 2021
2021’s Spend Matters Future 5 start-ups & DPW Demo Winners: Featuring the standout newcomers in procurement technology
Accel / October 12, 2021
PACTUM has been named as one of Accel 2021 Euroscape Top 100
Spend Matters / October 11, 2021
For SIG summit, Spend Matters names 2021’s top vendors in new lists for 50 Providers to Know, 50 Providers to Watch — and Future 5 start-ups
Yahoo Finance / September 20, 2021
Pactum, the creator of autonomous negotiation technology, wins the prestigious Digital Procurement World 2021 Startup Competition
Procurement Magazine / September 7, 2021
Catching Up with Mark Raffan- The Negotiations Ninja
TechRepublic / June 4, 2021
59% of senior executives feel threatened by artificial intelligence
ZDNet / May 5, 2021
Let a negotiation robot get you the best deal
In Focus
Fortune / April 27, 2021
This A.I. startup is saving Walmart and other big companies millions by automating negotiations
WWD / January 28, 2021
AI Contract Negotiations Come to Big Business
BBC / January 26, 2021
Like a good deal? Maybe a hagglebot can help
Intelligent Automation Network / January 8, 2021
Big Box Retail Reinvented: How Walmart’s Continuous Digital Transformation Maximizes Agility
Grocery Dive / December 8, 2020
The startup that's automating supplier negotiations for Walmart
Forbes / November 23, 2020
A company called Pactum shows the power of artificial intelligences impact on Walmart and all retail
Spend Matters: Pactum: Vendor Analysis / October 19, 2020
Solution Overview for Long-Tail Negotiation, Roadmap, Customer Feedback, Pactum Competitors, Analyst Insights
Business Wire / June 29, 2020
AI Negotiation Platform Company Pactum Closes Seed Round of Funding Investors include Project A and DocuSign
ZD Net / April 27, 2020
AI startup: We've removed humans from business negotiations
Nasdaq / March 27, 2020
Here's How Walmart Is Using Artificial Intelligence to Keep Prices Low
PYMNTS / June 30, 2020
Pactum Closes $3M Seed Funding Round
Fortune / September 11, 2019
‘Skype Mafia’ Backs A.I. Startup Automating Contract Negotiations
Press and media
Founder's Forbes column
Forbes / April 26, 2022
Building Trust Across Cultures—A Key To More Effective Zoom Calls
Forbes / October 13, 2021
Bayer’s Chief Procurement Officer Proposes Fighting Climate Change Using Carbon Emissions As Currency
Forbes / August 31, 2021
Zero Emissions Target Is The Catalyst For Realizing The $44B Integrated Supply Chain Opportunity
Forbes / July 6, 2021
Digital Sourcing Is The Future Of Procurement, But Will E-Auctions Or Autonomous Negotiations Dominate?
Forbes / June 11, 2021
What Can Corporate Negotiators Learn From U.S. Diplomats?
Forbes / May 26, 2021
How to Negotiate Effectively
Forbes / April 10, 2021
Should Negotiators Hold Out For A Better Deal Or Move Quickly To Close?
Forbes / March 26, 2021
Women Have Unique Advantages As Negotiators: How Can They Best Leverage Them?
Forbes / March 13, 2021
Companies Are Adopting AI For Supplier Negotiations, But Which Ones Should The Machines Handle?
Press and media
Podcasts
The Sourcing Industry Landscape / March 11, 2021
Spend Matters Future 5 2021 – Featuring Pactum
The Procuretech Podcast / October 20, 2021
Procurement Summit Live Sessions: Part 2 – AI and Game Theory Startups
American Negotiation Institute / December 21, 2020
How to Better Utilize Artificial Intelligence in Your Negotiations
Dynamo Ventures / September 2, 2020
#63: Automating Commercial Negotiations with Martin Rand of Pactum
Tech Talks Daily / August 27, 2020
Can AI negotiate retail merchandising deals?
Starting to Know Business / July 14, 2020
AI way of contract negotiations with Martin Rand
Procurement Zen podcast / June 8, 2020
Procurement & AI
The Grocery Insider podcast / June 5, 2020
Is this the end of the Human Buyer?
Press and media
Blog posts
Engadget.com / April 28, 2023
Walmart's suppliers would rather negotiate with AI than a human
Medium.com / September 4, 2020
Could technology be the key to the world’s most important trade deal negotiations?
Medium.com / July 8, 2020
Your next contract negotiation might be with a machine
Medium.com / June 6, 2020
Can AI Negotiate Retail Merchandising Deals?
Medium.com / March 26, 2020
Why did we create an AI that can negotiate?
Press and media
Press releases
April, 2023
Walmart is using AI to negotiate prices with suppliers, report says — and the suppliers are loving it
December, 2022
Pactum Raises $20M to Strengthen How Enterprises Negotiate Deals and Counter Recession Impacts
September, 2022
Pactum Named a Finalist in Digital Procurement World Amsterdam 2022 Startup Competition
September, 2021
Pactum, the creator of autonomous negotiation technology, wins the prestigious Digital Procurement World 2021 Startup Competition
Press and media
Videos
NewsMax 2023
NewsMax: Martin Rand
In Focus
FOX Business 2023
Artificial intelligence is working ‘in tandem’ with humans to create ‘growth’: Martin Rand
Procurement & Supply Chain Live 2022
Martin Rand & Lucas Rulff at Procurement & Supply Chain Live 2022
Spend Matters Future 5 2021
Spend Matters Future 5 2021 – Featuring Pactum
Procurement Summit 2021 (In German with subtitles in English)
Procurement Summit Startup Awards 2021 - Pactum
Digital Procurement World 2021 (DEMO2021)
Pactum's Co-Founder Kaspar Korjus's DEMO 2021 winning pitch
Research
Academic Papers
Negotiation Journal, Harvard Law School / January 12, 2021
Artificial Intelligence and Technology in Teaching Negotiation
Marketing
Media pack
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Cut the cost of doing nothing.
Thousands of contracts have been left unattended by enterprises. These are cookie-cutter deals that aren’t optimized and are losing money for both sides. It’s too expensive and time consuming for humans to keep tens of thousands of contracts up to date.
AI has lately become capable enough. Take the leap of faith.
AI has lately become capable enough. Take the leap of faith.
