AI is transforming procurement, but in Latin America, most organizations are still stuck in early-stage pilots. 

Only 15% of procurement leaders in the region have begun using the technology, compared to 29% worldwide, according to a new GEP survey. 

The issue isn’t ambition. It’s readiness. From low data maturity to risk aversion, teams are struggling to scale AI despite rising pressure to modernize. 

However, with the right roadmap, it’s not too late to lead.

This report explores what’s holding teams back and outlines a practical path forward.

You’ve deployed AI agents. Automated approvals. Built efficient workflows. But today’s procurement challenges — from tariff shifts to ESG mandates — require more than speed. They require systems that can think and act.

Agentic AI is the next leap. It plans, decides and executes. It adapts in real time, learns from feedback, and orchestrates procurement with minimal handholding.

This isn’t an upgrade. It’s a new way to run procurement.

Procurement is in the middle of a tech tsunami. And no — that’s not hyperbole.

This isn’t a wave of minor upgrades. It’s a full-on reset. The platforms, skills and playbooks that worked five years ago? They’re already slipping underwater.

Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems.

They’re not just buzzwords — they’re converging fast. And if you’re not already familiar, it’s time. These technologies are landing right in the middle of your role. Your processes. Your decisions.