Procurement’s AI-Driven Future: The Changes You Can’t Ignore Procurement’s AI-Driven Future: The Changes You Can’t Ignore

A MUST-READ FOR PROCUREMENT LEADERS

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Procurement’s AI-Driven Future: The Changes You Can’t Ignore

Is AI just hype? Not anymore. 

With a projected growth to $1.2 trillion by 2030, AI is no longer a futuristic idea — it's a game-changer. But what exactly does procurement's future look like? GEP experts predict the procurement model of the future will focus on strategic insights, risk management and sustainability, all driven by AI. And this is just the beginning. … 

In this new bulletin, learn about the three phases of AI transformation and what the future holds for procurement. 

What’s Inside:

  •  How AI is assisting procurement teams today
  •  The shift toward AI-driven decision-making 
  • Empowering business users with AI tools for greater efficiency

Get Ahead of the Curve With AI and Reshape Procurement. Read Now

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GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 550 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.

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GEP SMART™ is an AI-powered, cloud-native software for direct and indirect procurement that offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.

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Built on a foundation of big data, artificial intelligence and machine learning, GEP NEXXE is next-generation software that helps enterprises make supply chain a competitive advantage.