Procurement Magazine December 2025 Issue 48 | Page 134

VALUE CHAIN MANAGEMENT
Q. HOW IS AI TRANSFORMING SUPPLIER RISK ASSESSMENT AND NEGOTIATION STRATEGY?

»“ Contracts provide a single source of truth for enterprises to demonstrate compliance while safeguarding their business from liability and risk. AI in contracting gives procurement leaders clear visibility into supplier relationships, enabling them to better anticipate challenges and proactively shape negotiation strategies. When paired with supplier risk data, AI goes further, helping identify the most reliable partners, assess potential risk exposure and focus negotiations on strengthening those supplier relationships. Procurement teams can then negotiate smarter, prioritise the terms that protect margins, standardise compliance and build resilient supply chains.”

Q. CAN YOU SHARE A CASE STUDY WHERE YOUR SOLUTION IMPROVED CONTRACT OUTCOMES?

»“ Icertis customers are seeing measurable results, and Icertis Vera, a smarter AI for contracts that understands the nature of business relationships,

134 December 2025