Unleashing the Power of Generative AI in Procurement

In a world where software has reshaped every industry, artificial intelligence is now transforming software itself, particularly in the world of procurement. The influence of AI, including technologies like ChatGPT, is revolutionizing source-to-pay workflows, promising to overcome longstanding challenges in data quality, process adoption, and compliance within procurement.

At the same time, risk is always present where progress is being made, and procurement should plan to address known sources of risk as well as monitoring for concerns that arise as organizations learn more about how AI can be best positioned within the tech stack.

In this AOP session, Lance Younger, CEO of ProcureTech, and Nick Heinzmann, Head of Research at Zip, discuss the transformative role of generative AI across the procurement technology landscape. They delve into how AI is becoming an integral part of the procurement tech stack, acting as both a powerful tool and a team enhancer, while also discussing the potential risks associated with integrating AI assistants into your team.

Watch this webinar to learn more about:

• The role that AI will play in the procurement tech stack
• The best ways to assess and apply AI between you and your stakeholders
• The top areas to watch for risks and future developments to put your team ahead