Generative Artificial Intelligence in Source-to-Pay

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Generative AI is a revolutionary procurement technology that generates insights, recommendations, and content to enable smarter, faster sourcing, contract, and supplier decisions for early adopters to realise cost savings and process improvements.

Report Snapshot

  • Generative AI offers many opportunities across sourcing, contracting and supplier management to optimise processes and decisions.
  • Early adopters may gain competitive advantages through faster, smarter procurement enabled by this technology.
  • Companies should focus on high-impact uses, while also preparing their infrastructure, talent and leadership support for success with generative AI.

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