ai solutions for procurement

What Should You Look for in AI Solutions for Procurement?

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A Gartner report published in September 2018, entitled “The Impact of Artificial Intelligence on Procurement Software Applications” set out the reasons why many procurement leaders are hesitant about investing in artificial intelligence (AI) solutions. The headline reason can be summarized in one word: hype. Based on the Gartner research and our own extensive survey findings, […]

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Zooming in on data integration in procurement

Zooming in on Data Integration in Procurement

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Procurement is central to the profitability of organizations in all industry sectors. Given the value that procurement delivers, you would think that the function is ripe for digital transformation. But the reality is rather different. Why is this? Our 2019 Digital Procurement Survey, Digital Transformation in Procurement: How Close Are We? provides some answers. We […]

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Digitalization in Procurement - Your Questions Answered

Digitalization in Procurement: Your Questions Answered

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Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. We reviewed the key takeaways and provided recommendations for how procurement professionals can begin to take advantage of next-generation technologies. Our engaged audience left us with more questions than we could get to in our allotted time, […]

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Digital transformation in procurement

How Close Are We to Digital Transformation in Procurement?

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Key Findings from the JAGGAER 2019 Digital Procurement Survey Despite all the talk of digital transformation in procurement, the JAGGAER 2019 Digital Procurement Report reveals little change since 2017. The report identifies the lack of budget and requisite IT skills, and lack of progress with data integration as well as lack of digital knowledge among […]

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How Close Are Global Procurement Organizations to Digital Transformation?

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The digital transformation of business is already underway. Digitalization is no longer viewed as the aspiration of a select few, but as an inevitability for businesses in nearly every sector. Over the past several years, the hype surrounding digitalization has also extended to procurement. These days, digital transformation is a top priority for most CPOs, […]

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Cognitive Procurement – Is It the Final Frontier?

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There has been a lot of buzz about disruptive technologies in procurement circles, one being cognitive procurement. But what is it and how can it be leveraged to create efficiencies and economies of scale in the procurement department? This blog will explore these questions, as well as the implications of AI for the future. Artificial […]

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Blockchain Technology Promises Better Trust and Transparency to Procurement

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Blockchain is a revolutionary technology that represents tremendous value for procurement. But what is it and how does it apply to the world of procurement? Watch the On-Demand Webinar: Blockchain, Internet of Things, Tokenization, and More First, let’s start with a definition. According to Don & Alex Tascott, authors of Blockchain Revolution: “Blockchain is an […]

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Digital Procurement Report: Zooming in on Data

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After looking at some of the general takeaways from our online survey “Digital Procurement: Just Hype Or The New Standard?” regarding the current level of digitalization and the priorities for investments, we now want to dig into one of the key value propositions of Digital Procurement: integration. Data is more important than ever As we mentioned […]

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Key Findings from Our Digital Procurement Report

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Digital Procurement is the buzzword on everyone’s lips these days. The widespread digitalization that has characterized industry 4.0 is considered to be the greatest revolution to impact procurement in decades. Expectations for new technologies and their application in procurement are high. Technology has already fueled the transformation of many work areas and processes, and these […]

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