Procurement stories
Inefficient contract management costs the global economy AUD $3.13 trillion annually, hindering productivity despite advances in digital tools and AI adoption.
Unit4 has launched its cloud-native ERPx platform on the Microsoft Azure Marketplace, broadening access for organisations worldwide to its AI-powered ERP solution.
JAGGAER and BearingPoint have expanded their alliance in APAC, enabling BearingPoint to resell JAGGAER's Source-to-Pay solutions across the region.
BPC and HP partner to offer flexible IT support and finance solutions, helping SMEs manage tech challenges and plan growth amid evolving market demands.
Emburse has launched the Sage Intacct Connector to streamline expense management and enhance spending control for small and mid-sized businesses.
Lenovo ranks eighth in Gartner's 2025 Supply Chain Top 25, climbing two places thanks to AI-driven efficiency and global digital transformation.
Ivo unveils AI tools Repository and Assistant, transforming contract analysis with instant insights and up to 75% faster review for over 200 legal teams.
Candex has launched full-scale operations in Japan, tailoring workflows and expanding local partnerships to enhance procurement and payments platforms.
Cello launches a Managed Procurement Services Division led by Francis File to enhance tech sourcing and supplier management for New Zealand firms.
In Q2 2025, US CEOs focused on tariffs, recession fears and rising interest in agentic AI during earnings calls, while attention to sustainability waned.
JAGGAER launches JAI, an AI platform enhancing procurement with human-guided orchestration for smarter, integrated task management and decision support.
Retail leadership is transforming through integrated systems that unify data, enabling real-time planning, AI-driven decisions and cross-functional collaboration.
UK leads Europe in AI investment with 74% of organisations boosting generative AI spending, driving major cost savings and workforce transformation.
JAGGAER appoints Andrew Roszko as CEO, aiming to drive growth and AI innovation amid increasing global supply chain complexities.
Amazon Business has launched in Australia, offering SMBs business-only pricing and discounts to help reduce rising operating costs amid tough economic conditions.
The UK government awards Altana a GBP £8m contract to deliver an AI-driven supply chain platform, enhancing policy and security across multiple departments.
Sydney-based True Alliance partners with Celonis and TEC150 to revamp procurement, boosting compliance and controls using Celonis' Process Intelligence platform.
ORO Labs has launched new AI tools, including a no-code Agent Builder, to boost secure automation and cut compliance times in procurement workflows.
BIG Caring Group has chosen RISE with SAP on AWS to unify operations across its 500+ Malaysian pharmacies, enhancing efficiency and customer experience.
Only 32% of UK firms use AI in procurement, risking competitive disadvantage as early adopters gain efficiency and resilience in supply chain management.