State of Procurement Tech: August 2023, Artificial Intelligence

What are Procurement Tech Providers doing with AI?

Hey Procurement Legend, here is the second of our monthly series: The State of Procurement Tech. You can find our first issue here. It’s slightly later than I wanted as I took some time away from the screen to recharge as I have a lot of projects on the go.

I’m tapped into this space, always exploring new tech, seeing who’s doing what, and talking with people using different tech. And I have to say that I’m overwhelmingly optimistic about where Procurement is going. I say that with the knowledge that Procurement Tech is driving procurement forwards more than any other source at this moment in time.

People in the World of Procurement still do not think tech will help them with their work. They also have heightened stress levels when they leave the house without their phone in case they miss another food photo from their friend, Jenny, on Facebook.

Procurement Tech can get a bad reputation for being all about the hype. I see past the hype to look at the tangible benefits.

This issue is all about Artificial Intelligence. As a reminder, this is for our Paid Community Members only. It’s a deep dive piece of content that will help you navigate the procurement tech space. Once you become a paid member you’ll unlock more areas of our World of Procurement Community too.