AI and Automation Success Stories in Procurement
AI and Automation Success Stories in Procurement
Are you looking to automate the contract review and analysis process? Is your team indexing millions of carrier documents manually?
The number of AI use cases in different industries is expanding at a rapid pace, and procurement is no different. Future procurement professionals will have to leverage AI to create lean, efficient supply chain strategies to minimize risk, streamline processes, and lower costs. For instance, Artificial Intelligence can automate various time-consuming tasks like invoice processing, where procurement teams spend most of their time receiving, reviewing, and paying the invoice.
Some of the major applications of AI and Automation in Procurement — contract management to spend analytics — are highlighted in this paper.
Download the thought paper to learn how Artificial Intelligence and Automation technologies play a key role in accelerating digital procurement and supply chain strategies.
