PROCUREMENT TRANSFORMATION climate and geo-political risks we ’ ve witnessed in recent times .”
An integrated S2P experience should cover connectivity across workflows , information and insights , enabling seamless collaboration between procurement , legal , finance and vendor management teams .
2019
year Aavenir was founded by S2P experts
Harnessing AI to transform procurement The rise of artificial intelligence , particularly generative AI , is opening new possibilities for procurement transformation . While many organisations are using AI to automate manual processes , its true potential lies in embedding it throughout the S2P platform .
Organisations are adopting cuttingedge technology and platforms to centralise or integrate S2P processes to maintain transparency , efficiency and cost savings throughout the procurement lifecycle .
“ These enterprises see greater success with spend optimisation and risk reduction and enhanced collaboration with suppliers ,” Sunil continues . “ They have proved themselves to be better positioned to handle supply chain disruption and business impact due to changing laws , pandemics , inflation ,
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