ARGO
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About Argo

We built Argo to solve the industry's most persistent and elusive challenge: Unmanaged Spend. Whether it is the fragmented long-tail or non-strategic indirect spend, our mission is to bring autonomous power to the mid-market while remaining fully enterprise-ready. By operating in the high-value space between traditional consulting and software, we combine AI-driven negotiation engines with the strategic depth of seasoned procurement leaders to deliver results that software alone cannot achieve.

Named after the legendary vessel of the Argonauts, Argo represents the ultimate synergy between human expertise and autonomous technology. In our vision, AI is the ship; a powerful engine built to navigate global complexities. But the human remains the Captain; steering the course with deep domain knowledge and strategic intent.

This vision is anchored in deep industry roots. Argo was founded by three partners with almost 50 years of combined senior leadership and management consulting experience within procurement and innovation. We don't just build tools; we build the future of autonomous sourcing, grounded in the reality of the CPO's daily challenges.

Transparency

Glass Box

Every Argo model is fully interpretable. No black boxes. Just clear, logic-based decision making.

Oversight

Human in the Loop

AI proposes and executes, but humans remain in control. You approve the strategy; we automate the rest.

Simplicity

Zero Integration

Designed to work without complex IT overhauls. Start transforming your spend data from day one.

Welcome
Aboard
Argo

Our Process

How Argo Moves from Potential to Execution

A disciplined, data-driven methodology designed to harvest value from unmanaged spend with minimal client effort. Our proprietary AI, Lynceus™, can be made execution-ready and start automating negotiations in a matter of weeks, not months or years.

  • Prospective Client takes the Argo Rapid Diagnostic consisting of 12 questions. The purpose is to get a first indication of the overall improvement potential from optimizing tail- and unmanaged spend in their organization
  • Results of the Rapid Diagnostic are provided, defined as Tail Complexity, Tail Governance Gap and Execution Feasibility. These metrics show the largest levers to harvesting the potential
  • Prospective client receives a report highlighting the overall savings range on EBIT and working capital
  • Prospective client is offered 30-60-minute introduction meeting to go through the report and validate the overall analysis, before proceeding to discuss a potential collaboration
Timeline: 5–10 mins + 30–60 min meeting
Cost: None
Involvement: Very low
  • Argo provides a standardized data request to the client. The request is designed around data that is readily available in most ERP platforms through standard functionality
  • Client delivers supplier level spend data for 24-36 months as basis for the analysis
  • Argo engages the Lynceus AI to map all spend and suppliers against a 150+ category taxonomy
  • Argo presents a structured supplier overview with spend profile and category spend, as well as an indication of improvement potential, a suggested scope for renegotiation, and a suggested process for execution
  • Final meeting with presentation of findings and go/no-go decision on whether to proceed to phase 2
Timeline: 1-2 weeks
Cost: Some fixed, but limited
Involvement: Low (mainly for data extraction and validation)
  • Based on the spend analysis, a number of interviews and workshops are held throughout the organization to validate the analysis and understand previous efforts. Sensitive suppliers are found and potentially excluded from scope
  • Key stakeholders are onboarded and involved to ensure support during the execution phase, and the analysis is updated with inputs from the organization
  • Based on the analysis and the input from the organization, suppliers are generally categorized into three overall negotiation strategies based on their specific characteristics: Supplier level negotiations, Product Group level negotiations and Tenders/Auctions
  • A detailed execution plan for phase 3 is signed off, and a final meeting decides go/no-go on whether to proceed to execution in phase 3
Timeline: 2–3 weeks
Cost: Some fixed costs but limited
Involvement: Low
  • The execution plan is brought into motion across the different categories and initiatives
  • Supplier and Product Group level negotiations are executed through Lynceus and continuously monitored
  • Tenders/Auction based either facilitated by Argo or in combination with the client
  • Regular meetings with client to discuss progress, savings funnel, present documented savings and remove potential road blocks
  • Project is wrapped up as initiatives are finalized
  • New prices are uploaded if supported by ERP system and price confirmation/new contract/contract addendum is handed over to the client
Timeline: 8–16 weeks
Cost: Fixed fee and/or success fee (typical ROI of 500% or more)
Involvement: Low/Medium

Rapid Diagnostic

Our Rapid Diagnostic is designed for speed and transparency. By answering 12 calibrated questions, you get an immediate estimate of your P/L leakage and operational friction. All without the need for data uploads, system integration, or sharing of business-critical information.

You will receive a concrete estimate of the savings and efficiency gains that focused optimization and autonomous sourcing can unlock for your organization. No email is required to see your results, and this process is entirely anonymous.

If you wish to dive deeper, simply select your industry to get a detailed breakdown sent to your inbox. This includes your peer benchmark scores and key tactical optimization levers for your industry. From there, our team is available for a brief sparring session to help validate the potential.

No Data Upload

Zero Integration Required

Answer 12 calibrated questions — no ERP connection, no sensitive data exposure.

Instant Results

High-Level Estimate

Receive a directional savings potential based on industry benchmarks and your inputs.

Benchmark & Action Plan

Industry-specific Insights

Select your industry to receive benchmark scores, insights, tactical levers for your market, and an option for expert validation.

Quantify
Your Unmanaged
Spend
Potential
in Minutes

People

Meet the
Founders

Casper Bonde Jensen

Co-founder & Partner

Casper leverages his extensive industry experience to challenge the status quo of traditional procurement, driving a culture of continuous innovation that prioritizes data-driven execution over manual routine. His focus is to ensure that Argo is always forward-thinking, refining the bridge between human expertise and autonomous technology by making complex sourcing processes simpler, faster, scalable, and more transparent.

Operational Experience

Head of Venturing and Partnerships, Innovation
Head of Venturing and Partnerships, Innovation2022 – 2025
Director, Group Supply Chain
Director, Group Supply Chain2021 – 2022
Head of Strategic Sourcing
Head of Strategic Sourcing2019 – 2021
Subject Matter Expert, Sourcing & Procurement
Subject Matter Expert, Sourcing & Procurement2012 – 2019

As Consultant, Casper has advised

Arla · Bestseller · FSN Capital · Huntington Ingalls Industries · Polaris Private Equity · Ecco · Össur · Dovista · Clipper Group · Bang & Olufsen · H+H · TRE-FOR · Fitness World · Louis Poulsen · and others

Morten Bak

Co-founder & Partner

Drawing on his tenure as SVP of Procurement at Actona Group and Ahlsell, Morten brings the executive-level authority required to ensure Argo’s methodologies are sustainable at the highest organizational tiers. He focuses on anchoring our autonomous negotiation engine in the harsh realities of global sourcing, ensuring every automated strategy is fit for the complex challenges faced by modern CPOs.

Operational Experience

SVP, Group Procurement
SVP, Group Procurement2024 – 2026
SVP, Market & Procurement
SVP, Market & Procurement2020 – 2024
Associate Partner, Sourcing & Procurement
Associate Partner, Sourcing & Procurement2018 – 2019
VP, Group Supply Chain & Facility Management
VP, Group Supply Chain & Facility Management2015 – 2018

As Consultant, Morten has advised

Arla · Danish Crown · Bestseller · Elis · FSN Capital · FLSmidth · DFDS · Kemp & Lauritzen · Bang & Olufsen · Polaris Private Equity · Ecco · DAT-Schaub · Clipper Group · H+H · and others

Knowledge

Transitioning to autonomous sourcing requires both strategic clarity and practical proof. This space is our dedicated hub for sharing our core methodology, real-world case studies, and direct answers to the operational questions shaping next-generation procurement.

Articles

May 2026  ·  Article

When Done Right, AI-Assisted Negotiation Can Create a Strong Business Case for Unmanaged Spend

Not only through savings, but through better execution, faster response times, and a more consistent supplier experience.

Read Perspective →

Frequently Asked Questions

Argo is an AI procurement company focused on improving outcomes across non-strategic spend and tail spend. Argo combines AI-driven supplier negotiation with senior procurement expertise to help teams move from raw spend data to controlled commercial execution without requiring a heavy transformation program.

Argo is designed for the parts of procurement that are often too fragmented, too manual, or too resource-intensive to optimize consistently. That typically includes non-strategic spend, tail spend, and other lower-attention spend areas where the combined value is meaningful, but individual supplier negotiations often receive too little focus.

No. Argo is built around a human-in-the-loop operating model. Your team defines the strategy, the negotiation boundaries, and the commercial guardrails before execution begins. AI works within those approved parameters, while exceptions, escalations, and sensitive cases remain under human control.

No. Argo follows a glass-box approach. That means recommendations, negotiation logic, and execution paths are intended to be understandable and reviewable. The objective is controlled execution with clarity and commercial traceability.

Before supplier execution begins, Argo works with your team to define the relevant objectives, boundaries, and escalation logic. AI does not operate outside your approved framework. It acts within a negotiation strategy that has already been aligned with your priorities.

Knowledge,
Insights and
Perspectives

Contact

Get in
Touch

Whether you are struggling with a fragmented tail, unmanaged indirect categories, or looking to optimize your overall procurement maturity, our team is ready to guide you.

Connect

LinkedIn

Locations

Copenhagen, Denmark

Vejle, Denmark

Company

Argo ApS

CVR: 46297024

NExt steps

Start the Dialogue

Let us discuss your current spend setup and determine if your organization is a fit for our methodology.
Schedule a 30-minute introductory call.

Maximize the value of our meeting.
Complete the Rapid Diagnostic beforehand
so we can base our discussion on your actual setup.

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