WATCH NOW Success story | Schneider Electric
Sunil says : “ S2P platforms can now leverage AI algorithms to analyse vast amounts of data , identify patterns , predict trends and provide actionable insights .
“ Gen AI is transforming S2P processes and platforms by unlocking new levels of efficiency , accuracy and strategic value for procurement and finance teams . It ’ s paving the way for agile , data-driven decision-making and redefining how organisations manage their procurement lifecycle .”
He says : “ Ultimately , the impact to S2P processes in an enterprise should be all about assessing where the enterprise sees the greatest value , the least amount of time to realise the value , the digital maturity of the organisation and its ability to enable and adopt Gen AI .
“ A simple scoring of a ) implementation and adoption feasibility and b ) business value against each S2P Gen AI capability , can help enterprises prioritise their Gen AI roadmap for S2P .” procurementmag . com 99