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Procurement teams have more spend data than ever. However, new research shows that only 4% of procurement teams consistently make decisions using data and analytics. The reason? Most analytics still look backward and live in dashboards.
AI promises to change that. But in practice, many spend analytics initiatives stall before delivering meaningful impact.
This GEP-sponsored research report from Procurement Leaders examines why AI-driven spend analytics often falls short in procurement and what it takes to move from reporting to execution.
What’s Inside:
- Why fragmented spend data limits analytics effectiveness
- How AI initiatives fall short without execution-ready workflows
- What it takes to operationalize spend intelligence across procurement
If you’re investing in AI for spend analytics and want insights that influence sourcing, supplier strategy and cost decisions, this report is essential reading.