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AI Leadership Guide
for Procurement    

Research by Spend Matters

Key highlights

  • 56%

    of top performing organizations cited medium or high impact from AI on their procurement function.

  • 43%

    of respondents are using AI to enable non-strategic processes including category management, sourcing, supplier collaboration, risk and compliance.

  • 28%

    of respondents viewed data quality as the top barrier to digital procurement transformation.

Source: Deloitte and Spend Matters, Chief Procurement Officer Study

The research

HAQM Business commissioned Spend Matters to conduct a study exploring the current AI landscape in procurement. This guide explores the different types of AI-based tools that are improving procurement capabilities and performance.

AI leadership guide for procurement

AI in procurement: The guide for enterprises

Spend Matters leveraged their own market research on procurement technology vendors and insights gathered from direct feedback from 350 Chief Procurement Officers to develop this guide, covering key topics including:

  1. Procurement pain points and how AI can help
  2. Industry insights for adoption of advanced procurement tech and AI
  3. An AI implementation framework for organizations to get started on this journey

Uncover practical AI applications in procurement and find out how your organization can adopt and benefit from AI technology today.

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