Procurement Magazine November 2025 Issue 46 | Page 106

MACHINE LEARNING IMPROVING DECISION MAKING
In a recent interview with Procurement Magazine, Dean Alms, Chief Product Officer at Aravo, discussed how he has witnessed AI delivering tangible value to customers over the past few years.
The firm’ s first machine learning application streamlines and enhances third-party onboarding by analysing decision patterns within each customer’ s Aravo instance. This enables the system to recommend optimal next steps for processing, approving or denying engagements
– accelerating workflows and improving consistency.
“ We’ re also leveraging AI to dramatically reduce false positive media reports by over 85 %,” said Dean.“ This not only slashes manual review time and effort but also boosts accuracy and allows teams to focus on higher-value activities. For example, one customer was able to reduce their adverse media review team from 20 people to just two, while transforming response times from days to mere minutes.”
106 November 2025