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For nearly two decades, B2B technology solutions have evolved to digitize and automate many business processes and functions, particularly procurement. More recently, with the rise of Big Data, Connected Devices, and more advanced business applications and solutions, procurement is beginning to leverage more data inside and outside of the enterprise in order to enhance process automation and improve performance. Technologies enabled with machine learning, advanced algorithms, natural language processing (NLP), and other emerging innovations have begun to augment procurement practitioners and provide expanded value to the enterprise.
Ardent Partners has analyzed these new technologies to understand their development trajectory to both make an impact and enter the procurement lexicon. This webinar looks at the AI opportunity for procurement organizations and present several use cases for intelligent procurement solutions that can help procurement departments make smarter decisions and deliver extended value.