Spend IntelligenceAutomationTenders
What we do
See it.
Act on it.
We use AI to make procurement teams ready to execute: to know exactly where the money goes, and to have the capacity to act on it. We do that in three ways, which you can buy separately or together.
Spend Intelligence gives you a complete overview of what you buy, from whom and on which terms. Automation negotiates prices and payment terms with the many smaller suppliers nobody has time for. Tenders runs competitive tenders and e-auctions on your larger categories.
Spend Intelligence
Know every supplier you pay
You send us a list of your supplier payments for the last two to three years, exported from your finance system. We sort every payment into a category, analyse the financial information of each supplier and add their annual accounts, your payment terms and the market prices behind what they sell.
- A full overview of your spend by category and supplier, and how much of it you can influence
- The financial health of most suppliers, with a warning when it changes
- The market behind each category: which costs drive your suppliers' prices and how they have moved, so you know when a price increase is justified
- Your negotiating position with each supplier: how big a customer you are to them, and how much of the category they hold with you
- Your payment terms compared across suppliers in the same category, and the cash they tie up
- A savings estimate per category, and a recommendation: negotiate, tender or leave as is
- What we need
- A payment export from your finance system
- First results
- Within weeks
- How you pay
- Onboarding fee and monthly subscription
IntegrationNo IT project is needed to get started. If you use Microsoft Dynamics 365 Business Central, we can later connect directly so your data updates by itself. More systems are on the way.
Outreach Sent3
In Dialogue2
Requires Attention1
Closed / Won1
What your team sees: each card is a supplier, moving from first request to agreement. Cards that need your decision stop in "Requires Attention" until you approve.
Automation
The smaller suppliers, negotiated too
Most companies have hundreds of smaller suppliers that are never renegotiated, because nobody has the time. We send each of them a professional request for better prices or payment terms, in your name and within limits you have approved. We read the replies, follow up and sort them. Anything outside your limits comes back to you before we answer.
- Better prices and payment terms from suppliers you would otherwise never reach
- Every message approved by your team before it is sent
- One overview of where each supplier stands, from first request to agreement
- Documented savings per supplier, and new prices ready for your system
- What we need
- Your approval of suppliers and negotiation limits
- Duration
- 8 to 16 weeks
- How you pay
- Fixed fee or a share of the savings
Tenders
Real competition on your larger categories
For your larger categories we prepare and run the tender for you: requirements, supplier list and evaluation criteria, all based on your actual spend. Suppliers submit their bids through a simple web page. Where it suits the category, we run a live e-auction in which suppliers bid against each other in real time. AI helps compare the bids against your criteria.
- A tender built on facts from your own data, not estimates
- More qualified suppliers bidding, without extra work for your team
- A clear comparison of every bid against the price you pay today
- A recommendation, while the final decision stays with you
- What we need
- The category and your requirements
- Duration
- Agreed per tender
- How you pay
- Fixed fee or a share of the savings
Illustration of an e-auction: suppliers see their rank and bid against each other, and the price falls below what you pay today.
Your current spend and suppliers in the category
Requirements and criteria sent to selected suppliers
Written bids or a live e-auction
Bids compared, you choose the winner
Why Argo
Welcome
Aboard
Argo
AI should make the decision easier, not make it for you.
Argo is named after the legendary ship of the Argonauts. Athena set a beam of oak from Dodona into its bow, so the ship could speak. It carried the crew the whole way and spoke up whenever they were in doubt about the route. It always advised, never decided.
We took that name deliberately, because it describes the role we believe AI should have in a procurement team. Argo reads every figure and handles the heavy lifting. The course stays yours.
The crew is your team and ours, people who have run procurement themselves.
Experience
Procurement people, not just software
Argo was founded by three partners with almost 50 years of combined experience as procurement leaders and management consultants. Every analysis and every negotiation is set up by people who have sat on your side of the table.
Control
You stay in control
You can see how every number is calculated, down to the source and the date. Nothing is sent to a supplier without your approval, and anything outside the limits you set comes back to you.
Simplicity
Start small
One list of supplier payments from your finance system is enough to begin. There is no IT project, and each service can be bought on its own.
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
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
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 a procurement company offering three services: Spend Intelligence, Automation and Tenders. Spend Intelligence gives you a complete overview of your spend and suppliers based on a payment export from your finance system. Automation negotiates prices and payment terms with your smaller suppliers. Tenders runs competitive tenders and e-auctions on your larger categories. The services can be bought separately, and each is delivered with senior procurement expertise alongside the technology.
Spend Intelligence covers all your external spend. Automation is designed for the many smaller suppliers, where the combined value is meaningful but each supplier rarely gets attention. Tenders are for categories where volume and competition justify a formal process.
Yes. Each service stands on its own. Many clients start with Spend Intelligence because it shows which categories are worth negotiating or tendering, but you can also start directly with a tender or an automation project based on your own supplier list.
A payment export at supplier level for the last two to three years, which most finance systems produce with standard functionality. Payment terms and agreement information add depth if you have them. No IT project is needed. If you use Microsoft Dynamics 365 Business Central, we can later connect directly.
Spend Intelligence is an onboarding fee and a monthly subscription. Automation and Tenders are either a fixed fee or a share of the savings achieved, agreed up front.
Knowledge,
Insights and
Perspectives
Contact
Get in
Touch
Whether you need a clear picture of your spend, capacity to negotiate with your smaller suppliers, or a well-run tender, our team is ready to help.
Connect
LinkedInLocations
Copenhagen, Denmark
Vejle, Denmark
Company
Argo ApS
CVR: 46297024
NExt steps
Start the Dialogue
Let us discuss your current spend setup and find the service that fits your situation.
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.