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Implementing AI Procurement Software: Automation, Governance and Risk Management

ivalua

In this article, we’ll dig into the practical steps for implementing AI procurement software, from data and system readiness to managing risk and scaling adoption. When integrated into digital sourcing solutions such as Ivalua’s Strategic Sourcing module , AI can also run sourcing events at a scale previously not possible.

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What Is E-Procurement? Understanding Modern Digital Procurement Systems

ivalua

If you’re beginning to explore e-procurement, you’ve probably been grappling with manual approvals that delay purchases and limited visibility into spend. Modern e-procurement platforms use automation and AI to streamline workflows, enforce policies, and improve spend visibility.

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Indirect Procurement: Why It Gets Mismanaged and How to Fix It

ivalua

For many enterprise teams, managing indirect spend feels like a reactive process that’s out of sync with business goals. Guided buying, budget enforcement, and integrated supplier data are essential to controlling maverick spend and improving procurement visibility. Let’s look at some of the most measurable benefits.

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Source-to-Pay Tools for Enterprise Procurement

ivalua

It requires you to juggle multiple priorities: unifying systems, improving visibility, reducing risk, and proving ROI across every stage of the procurement process. Cost savings and reduced maverick spend: By improving visibility and control, S2P tools help enforce purchasing policies and drive contract compliance.

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Strategic Sourcing for Enterprises: Evolving Your Approach for Long-Term Value

ivalua

Leading organizations are rethinking how supplier relationship management and how they manage spend categories, and they’re looking to collaborate more efficiently and effectively across functions. This approach enables businesses to reduce total cost of ownership (TOC), build stronger supplier partnerships, and manage risk.

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8 Procurement Software Best Practices For 2025

ivalua

Rising software costs, lack of procurement oversight, compliance headaches, and clunky vendor management. In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Sound familiar? If you’ve been feeling the pressure, you’re not the only one.

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AI in procurement: How different industries are harnessing its power

Spend Matters

Modern procurement needs have far surpassed transaction management; procurement is now a critical component in driving strategic value across businesses and AI has become a key tool in procurement teams back pockets. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.