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Procurement Stories - Page 2

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Procurement stories

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Procurement stories

Cinchy joins AI Partnerships to boost AI governance
Software-as-a-Service

Cinchy joins AI Partnerships to boost AI governance

Enterprise buyers are demanding tighter controls as AI tools move into live systems, with governance now central to deployment decisions.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Mondelēz picks Celonis to scale AI across operations
Manufacturing

Mondelēz picks Celonis to scale AI across operations

The tie-up has already generated USD $10 million in value, as the food group uses process data to scale AI across 150 countries.

By Sofiah Nichole Salivio • 4 min read • Last month
Citi launches invoice tool for Infor Nexus clients
Software-as-a-Service

Citi launches invoice tool for Infor Nexus clients

The new service could shorten invoice approvals for trade customers while giving suppliers earlier visibility on payment status and financing.

By Karen Joy Bacudo • 4 min read • Last month
Freehand raises USD $75 million for supply chain AI
Software-as-a-Service

Freehand raises USD $75 million for supply chain AI

The startup's software is already at Meta and Unilever, as investors back its push to cut supply chain costs and manual work.

By Sofiah Nichole Salivio • 5 min read • Last month
B2B marketers cut agency spend as work moves in-house
Digital Transformation

B2B marketers cut agency spend as work moves in-house

As AI shifts routine production in-house, only 28% of B2B marketing leaders now expect agency budgets to rise over the next year.

By Mark Tarre • 4 min read • Last month
Enterprise AI buyers increase spending but demand proof
Software-as-a-Service

Enterprise AI buyers increase spending but demand proof

Enterprise AI purchases are facing tougher checks as 64% of buyers demand proof, slowing deals even as spending keeps rising.

By Sofiah Nichole Salivio • 4 min read • Last month
Gravity launches AI agent for sustainability teams
Software-as-a-Service

Gravity launches AI agent for sustainability teams

Procurement teams face new scrutiny as Gravity argues many 'AI agents' sold to enterprises cannot handle real-world sustainability data.

By Mark Tarre • 4 min read • Last month
Kore.ai appoints two chiefs to drive enterprise AI growth
Software-as-a-Service

Kore.ai appoints two chiefs to drive enterprise AI growth

The restructure puts sales and customer delivery under new leaders as enterprise buyers demand stronger governance, support and reliability from AI agents.

By Mark Tarre • 4 min read • Last month
Gravity launches AI sustainability agent & buyer guide
Software-as-a-Service

Gravity launches AI sustainability agent & buyer guide

Sustainability teams could cut reporting and data-migration work by more than 70% as Gravity seeks to prove its AI agent can handle real workflows.

By Sean Mitchell • 4 min read • Last month
Kyckr posts 46% revenue growth as KYB demand rises
Fintech

Kyckr posts 46% revenue growth as KYB demand rises

Stricter anti-money laundering rules are driving more banks and fintechs towards live company register data, lifting revenue at Kyckr 46%.

By Karen Joy Bacudo • 4 min read • Last month
JAGGAER adds Conferma virtual cards in Europe rollout
Software-as-a-Service

JAGGAER adds Conferma virtual cards in Europe rollout

European suppliers could be paid faster as JAGGAER links approved purchase orders to virtual cards, cutting invoice delays and manual reconciliation.

By Karen Joy Bacudo • 4 min read • Last month
Celonis named Everest Leader in process mining again
Software-as-a-Service

Celonis named Everest Leader in process mining again

The recognition comes as process mining demand accelerates, with Everest valuing the market at USD $1.5 billion to USD $1.6 billion in 2025.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

Procurement stories

Corpay launches Agent Card for AI business payments
Digital Transformation

Corpay launches Agent Card for AI business payments

Approved AI agents can now create controlled virtual cards for company spending, targeting procurement, travel and advertising workflows.

By Karen Joy Bacudo • 3 min read • Last month
Singapore Management University modernises operations
Software-as-a-Service

Singapore Management University modernises operations

The overhaul has already triggered nearly 3,900 workflows and onboarded more than 10,000 suppliers, tightening controls across campus operations.

By Karen Joy Bacudo • 4 min read • Last month
Community Fibre picks Luminance for contract management
Software-as-a-Service

Community Fibre picks Luminance for contract management

The broadband provider aims to cut manual contract work and improve oversight as its supply chain and network footprint expand.

By Sofiah Nichole Salivio • 4 min read • Last month
UK IT firms eye defence growth as confidence rises
Supply Chain

UK IT firms eye defence growth as confidence rises

A Barclays survey found 62 per cent of IT and telecoms firms expect more defence work, but skills and funding gaps still hinder growth.

By Karen Joy Bacudo • 4 min read • Last month
Visa, Lianlian complete first B2B AI agent payment
Digital Transformation

Visa, Lianlian complete first B2B AI agent payment

Small businesses could save time on procurement as an AI agent in Greater China sourced, ordered and paid for a sample without manual input.

By Karen Joy Bacudo • 4 min read • Last month