Procurement teams have always had the strategy behind transformation attempts, but with Pactum’ s AI expertise, they can execute it across every supplier
THE PROCUREMENT INTERVIEW
Procurement teams have always had the strategy behind transformation attempts, but with Pactum’ s AI expertise, they can execute it across every supplier
Procurement leaders around the world have been facing new levels of demand, with increasingly heightened expectations. As a result, the role of procurement is changing, unlocked by geopolitical events and the rise in AI adoption. Traditional procurement was spreadsheet and email heavy, with contracts taking extended periods of time to sign and background checks causing delays – particularly as the geopolitical landscape shifted and the rules of trade moved.
Now, AI has a firm place in the function, taking on the manual, repetitive tasks so that procurement leaders can focus on strategic thinking, supplier relationships and decision-making. As procurement leaders have moved to the forefront of business resilience, digitalisation is becoming a key player.
With a background in helping governments with their digitalisation strategies, Kaspar Korjus, Co-Founder and CEO of Pactum, understands that governmental innovation needed AI. Understanding the difficulties this could bring, Kaspar left his governmental position to establish Pactum with his brother Kristjan.
24 June 2026