Procurement stories - Page 5

Zinit has raised USD $8 million to expand its AI-driven platform that automates procurement, cutting cycle times by 40% and boosting savings by 30%.

RobobAI launches Agent Bob, an AI tool transforming procurement by delivering instant strategic insights via natural language interaction with spend data.

Singapore firms plan to boost AI spending to SGD $18.9m this year, with rising ROI but face challenges in workforce skills and data integration.

Emirates Flight Catering adopts Informatica's cloud-based data platform to boost efficiency, supplier collaboration and sustainability in its meal production.

BRKZ has secured a USD $30 million loan to expand its financing solutions and support the growth of Saudi Arabia's booming construction sector.

Oracle adds new AI agents to Fusion Cloud Applications, boosting supply chain leaders' ability to optimise processes and improve decision making seamlessly.

Oracle has embedded AI agents in Fusion Cloud Applications to boost finance teams' productivity, cut costs, and enhance controls with real-time insights and automation.

Salesforce and AWS are deepening their decade-long collaboration to boost secure AI agent adoption in enterprises, enhancing data, contact centres and procurement.

A survey reveals 73% of supply chain leaders faced supplier disruptions last year, with many turning to AI to curb financial losses and boost resilience.

AI is transforming procurement, shifting focus from 'future-proofing' to being future-ready by boosting agility and resilience amid global disruptions.

AI-driven predictions of supplier payment timing boost cash flow forecasting for manufacturers, enhancing working capital and supplier relations.

Gartner urges CHROs to prioritise cyber security as HR systems increasingly adopt AI, highlighting the risks of data breaches and the need for stronger digital oversight.

Over half of procurement leaders have boosted tech budgets, embracing AI and data to enhance efficiency amid rising challenges, reveals new global report.

Vineet Khanna, ex-Nestlé SVP, joins FourKites' Strategic Advisory Council to advance AI-driven global supply chain innovation and sustainability.

Sage unveils AI-driven features in Sage Intacct to streamline finance tasks, speed up processes, and provide sustainability insights for UK and global teams.

Avetta expands its Asia-Pacific footprint with new Sydney and upgraded Newcastle offices, boosting local support and tech integration amid rising safety demands.

DuploCloud has launched its AI Suite on AWS Marketplace, enabling streamlined DevOps automation and AI agent deployment within AWS environments.

Globality appoints Doug Kurfess as Chief Sales Officer to lead worldwide sales and boost adoption of its AI-driven sourcing platform among major enterprises.

Many firms neglect printer security, with just 36% updating firmware promptly, exposing sensitive data to cyber threats, says HP Wolf Security report.

LogicMonitor has launched Edwin AI on AWS Marketplace, enabling IT teams to automate incident management and boost operational efficiency in ITOps.