Technical Product Manager, Pactum
Procurement
More information about location
Artificial intelligence for automating repetitive negotiations
Open for applications
Artificial intelligence for automating repetitive negotiations
21-100 employees
Open for applications
More information about location
21-100 employees
Company mission
To help client businesses to prosper, freeing them up to focus on what matters.
Role
Who you are
- You are a world class product manager with demonstrated ability to build technically complex products that delight users
- You are fascinated and motivated by the challenge of building autonomous negotiations that unlock greater value for all parties involved, while reducing the need for human effort
- You understand what it means to work as a product manager in a startup:
- You take initiative and make things happen
- You thrive in an environment where you are encouraged to take ownership and make your own decisions
- You are comfortable with constant change and can execute at speed
- You know how to work with constrained resources and how to make the most of it
- You are an amazing communicator and can easily work with people from diverse backgrounds. You can work effectively across time zones and functions, in a remote or semi-remote workplace
- You have experience building large and complex products
- You are available for regular travel to Tallinn, Estonia to physically work with the engineering teams
What the job involves
- We’re looking for an exceptional and driven Technical Product Manager to join our growing Product team and help Pactum scale
- In this role, you will define the future of automated negotiations and solve problems for global Fortune 500 brands. We are on an exciting journey and would love for you to join us!
- Build the scalable foundations of our procurement product line: Our Procurement solution provides autonomous negotiations across various industries, business processes, and regions. The foundations you build must be both adaptable and resilient, enabling long-term growth and reliability
- Deliver excellence with uncompromising quality: Lead by example in daily execution, consistently crafting innovative solutions to complex challenges while maintaining the highest standards of quality
- Exhibit meticulous attention to detail: Tackle problems methodically, ensuring thorough and comprehensive solutions that address all aspects of the issue
Our take
Contract negotiation is a time-consuming and complex process, although discussion points are usually relatively uniform. Contracts concern data such as contract length, cancellation terms, and growth rebates, resulting in the negotiating process often becoming repetitive.
Recognizing this challenge, Pactum integrates with SAP, offering cutting-edge AI chatbot negotiations on the SAP Store. The solution address under-managed spend by automating and simplifying both competitive and single-source negotiations, enabling organizations to achieve better pricing, streamline processes, and enhance collaboration between buyers and suppliers.
Pactum envisions a future where its autonomous negotiation technology becomes integral to shaping efficient and cost-effective procurement processes globally. Positioned at the forefront of revolutionizing supplier relationship management, Pactum is set to contribute significantly to the ongoing transformation of procurement practices, leveraging AI and Chat technologies to meet the evolving needs of businesses.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Jul 2024
$20m
SERIES B
Dec 2022
$20m
EARLY VC
Total funding: $55.2m
Company benefits
- Flexible Work Schedule: Work wherever, whenever!
- Team Bonding: Take some time away from the daily grind via happy hours, activity committees, and cross-functional coffee chats with your fellow Pactonians
- Generous National Holidays:
- Unlimited Vacation Time:
- Medical, Dental, and Vision Coverage: U.S. company program and EU / LATAM government programs.
- Company Equity: Have some skin in the game to share in our success
- Office Setup Stipend for Remote Employees: We cover what you need to do your best work
- Co-Working Allowance: Find a boost of inspiration with a change of scenery
- Off-Site Retreats: Get off the video chat and get into real life
- Paid Parental & Medical Leave: U.S. company program and EU / LATAM government programs
Company values
- Embrace uncertainty with resilience
- Practice blameless problem-solving
- Step out of your swim lane, roll up your sleeves, and strive for the win as a team
- Be authentic and transparent by speaking the truth with respect
- Share your passion and dare to be bold
Company HQ
Old Mountain View, Mountain View, CA
Articles
Leadership
Kaspar Korjus
(CPO)Having studied at Lancaster University, they worked for TeliSonera as a Business Manager for 3 years before joining e-Residency as MD. They co-founded Pactum in February 2019.
Kristjan Korjus
(CTO)After a Ph.D. in Computer Science, they spent almost 4 years at Starship Technologies. They left their position as Head of Data in August 2019 to co-found Pactum.
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