Procurement Magazine May 2025 | Page 64

GRAPHITE CONNECT
has brought faster, better, safer and more secure data with fewer resources required on their side,” Conrad notes. The value proposition is compelling:“ 80 % reduction in what it takes to go through the supplier onboarding process.”
To support implementation, Graphite partners with services firms like Wonder Services, led by Amanda Prochaska.“ She’ s bringing scale, efficiency and quality to the projects that we’ re implementing with our customers,” Conrad explains, noting their expertise in change management and procurement technology implementation.
The future of supplier management Conrad envisions continued growth powered by AI advancements and deeper integration with other procurement technologies.
“ Graphite data is a unique data set that’ s proprietary. You can’ t publicly go find all this data and scrape the internet and bring it all together,” he notes, highlighting how this proprietary data enhances AI capabilities for procurement teams. For example, genAI tools have become helpful for sourcing new vendors to initiate an RFP since product coverage is easily accessible and shared publicly. But when compliance requirements are high,
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