Procurement stories - Page 3

Australian businesses could unlock a USD $60bn productivity gain by saving 8%-10% on external supplier spend without job or performance cuts.

RobobAI launches Agent Bob, an AI tool transforming procurement by delivering instant strategic insights via natural language interaction with spend data.

Singapore firms plan to boost AI spending to SGD $18.9m this year, with rising ROI but face challenges in workforce skills and data integration.

US defence contractors face a tight deadline to meet new DoD cybersecurity rules or risk losing contracts as enforcement phases in by 2028.

Squadron Energy won the ERP Fast Growth award for swiftly deploying SAP's Public Cloud ERP, boosting operations and cutting reconciliation time by 70%.

Australian procurement leaders adopt AI to enhance sourcing and agility amid supply chain challenges, blending technology with human expertise for strategic gains.

UK firms lose nearly one in five SaaS pounds to wasted or duplicate licences, with 63% facing uncontrolled adoption risking security and overspending.

Emirates Flight Catering adopts Informatica’s cloud-based data platform to boost efficiency, supplier collaboration and sustainability in its meal production.

The 2025 refresh of the global SIAM Body of Knowledge adds AI, skills, and guidance to help organisations manage complex, multi-vendor service ecosystems effectively.

The Visual Media Association has launched its 2025 survey to benchmark Australia’s AUD $15bn print, sign, packaging and visual media sector amid key government reviews.

BRKZ has secured a USD $30 million loan to expand its financing solutions and support the growth of Saudi Arabia’s booming construction sector.

Manual accounts payable processes drain money, time and trust from businesses, risking cash flow and reputation if action isn't taken promptly, say CFOs.

Workday is harnessing AI agents to revolutionise enterprise finance and HR, enhancing data integrity, compliance, and real-time insights across global firms.

Vertiv will appoint Paul Ryan as EMEA president in 2026, succeeding Karsten Winther, who will retire at the end of 2025 after leading the region.

OCS New Zealand is the first globally to deploy Esker's full AI-driven finance automation suite, enhancing efficiency and accuracy in its financial operations.

Oracle adds new AI agents to Fusion Cloud Applications, boosting supply chain leaders' ability to optimise processes and improve decision making seamlessly.

Oracle has embedded AI agents in Fusion Cloud Applications to boost finance teams' productivity, cut costs, and enhance controls with real-time insights and automation.

Salesforce and AWS are deepening their decade-long collaboration to boost secure AI agent adoption in enterprises, enhancing data, contact centres and procurement.

A survey reveals 73% of supply chain leaders faced supplier disruptions last year, with many turning to AI to curb financial losses and boost resilience.

Datadog has attained IRAP Protected status, enabling its secure monitoring tools to support Australian public sector and regulated organisations.