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If you work in indirect procurement, you’re definitely familiar with the problem of imperfect procurement data. Data that’s “imperfect” is unstructured, incomplete, or inaccurate, and is a result of any number of factors – including multiple ERP systems that don’t communicate with each other, widespread locations that operate independently, and people not following the correct process. When you have imperfect data, it’s impossible to accurately understand how your organization is doing or discover ways you...
You can’t go anywhere these days without hearing about AI. It’s all around us, from self-driving ride shares to Facebook using facial recognition to know which of your friends you just uploaded a picture of. But you might not know how AI is already impacting the procurement space. Think of all the things that frustrate you about your current indirect procurement process: disjointed and unstructured operations, multiple systems, and no visibility into your spend –...