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How to implement a future-ready e-procurement function

Spend Matters

Key steps for e-procurement transformation Step 1: Strengthening procurement processes before automation Automation is only as effective as the processes it supports. Many organizations attempt to digitize broken procurement workflows, which only accelerates inefficiencies.

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Level up your procurement with AI: From quick wins to game-changing strategy

Spend Matters

Artificial intelligence use in procurement isnt a distant dream its here, reshaping how procurement professionals work. From simple automations that save time to sophisticated strategies that drive major business value, embedding AI in your business processes can provide immense value. But where should you begin?

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The AI advantage: Why procurement can’t afford to sit on the sidelines

Spend Matters

Supply chains are more complex than ever, stakeholder expectations are soaring and the sheer volume of data that procurement teams must sift through is overwhelming. For years, procurement teams have been expected to do more with less while working with the same (or even fewer) resources.

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How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” According to one procurement leader we spoke to, all that changed around 2020. And, frankly, it does.

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The future of procurement: How Generative AI is rewriting the rules

Spend Matters

Its increasingly evident: GenAI is no longer a future concept; its already reshaping operations in real time. Yet within many procurement functions, a fundamental question persists: Are we truly prepared to lead in this AI-powered future? To address this shift, ProcureAbility has partnered with dSilo.AI

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

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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. Maintenance, Repair and Operations (MRO) is also benefiting from AI.