Artificial intelligence (AI) in procurement refers to the use of AI to automate, improve, and streamline how companies buy goods and services. AI allows software to learn patterns, make decisions, and ...

Procurement software startup Vertice Technology Inc. said today it has finalized a $50 million funding round led by Lakestar, bringing its total amount raised to more than $100 million, and its ...

WHAT: Department of Defense (DOD) Secretary Pete Hegseth issued a memorandum titled “Directing Modern Software Acquisition to Maximize Lethality” that is intended to reform DOD’s procurement involving ...

A new Software Acquisition Guide: Supplier Response Web Tool has been released by the US Cybersecurity and Infrastructure Security Agency (CISA) to improve security in software procurement. The free, ...

The Byzantine nature of software licensing, where contract costs are not always transparent and licensing terms can be opaque, has recently received the attention of the current administration as part ...

The average adult makes around 35,000 decisions each day, some conscious and others instinctive. Procurement professionals might feel this number is low, given all the factors they have to consider, ...

Consumer Insights, Data-Driven Decision Making, Trend Identification, Risk Reduction, Competitive Analysis, Global Perspective, Quantitative vs. Qualitative, Digital ...

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...