Demystifying AI in Procurement: Value of AI and Data

Demystifying AI in Procurement: Value of AI and Data

How will procurement benefit from adopting the technology?

Everyone is talking about AI these days, but it is still a relatively new opportunity for procurement. Often, AI is presented as a magical new solution to problems, focusing on future potential rather than business reality. Still, the fact is most companies have yet to learn how to put it to use.

Our guest speaker, Jeffrey Rajamani, Senior Analyst at Forrester, and Nari Viswanathan, Senior Director Product & Segment Marketing at Coupa, provide an overview of how AI is already shaping and supporting procurement and what’s in the works for early-stage adopters. The speakers explore:

• What are AIs real opportunities for procurement, and how can it help solve some of the biggest challenges in procurement?
• Different high ROI use cases for the top AI technologies
• AI requires large amounts of data. What can procurement organisations do to leverage data?
• Identify some of the challenges and blockers to AI adoption. 

As we move into the second wave of artificial intelligence, the implications for business and society are far-reaching.