Procurement stories - Page 5

Lazy supplier data is crippling procurement AI, sparking hallucinations, broken automations and a 'Transformation Wall' to adoption.

Agiloft says over half its customers now license AI tools as Screens usage surges, with AI users up 250% and app activity rising 12-fold.

Atos becomes the first organisation worldwide to achieve dual Scopism SIAM Assured status for both service provision and consultancy.

Rimini Street debuts 20 ServiceNow-powered Agentic UX tools to modernise Oracle and SAP ERP workflows without disruptive upgrades.

SEK turns to Scanmarket by Unit4 to centralise procurement data, tighten supplier compliance and cut risk in its regulated operations.

Sphera and Rolls-Royce Power Systems have issued new environmental product declarations for two mtu backup generator sets on Environdec.

ICS.AI launches UK public sector AI model promising guaranteed savings, citing Derby City Council's projected GBP £12 million benefit.

The UK Ministry of Defence has deepened its Oracle cloud ties to modernise legacy systems, boost AI adoption and treat data as a core asset.

Cerillion secures its largest ever contract, a five-year Omantel BSS and OSS deal worth about GBP £42.5m on a subscription basis.

Fujitsu unit FSAS cuts excess stock by 20% and halves orders in six months after rolling out Celonis AI-driven process intelligence platform.

Beroe plugs its DataHub procurement data platform into the Model Context Protocol to feed decision-grade intelligence into enterprise AI.

UK learning platform HowNow backs domain-specific AI agents to join teams as 'colleagues' by 2026, reshaping workflows and competition.

AI is set to transform procurement by 2026, making data governance, security and human-machine collaboration central to buying decisions.

Non-profits rush to embed AI in strategy, but new research shows manual workflows and fragmented systems threaten to blunt the benefits.

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

Boards are set to demand tougher ROI and stricter data foundations from AI projects in 2026, as natural language tools reshape data work.

ISACA named global authority for US defence CMMC credentials, reshaping cyber standards for more than 200,000 suppliers worldwide.

Zoho launches AI-driven Zoho Spend and Zoho Billing Enterprise to give large firms tighter control of global spend and complex revenues.

Zoho launches unified spend management and AI-driven billing tools, aiming to give large enterprises tighter control over finances.

Opengear secures SOC 2 Type 2 and ISO 27001 certifications, bolstering trust in its resilient network management and independent control plane.