Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

Procurement software startup Vertice Technology Inc. said today it has finalized a $50 million funding round led by Lakestar, bringing its total amount raised to more than $100 million, and its ...

Leading U.S. marine terminal operator deploys GEP's AI-driven procurement platform to bring spend intelligence and control across a complex, nationwide operation CLARK, N.J., Feb. 12, 2026 /PRNewswire ...

Procurement and sourcing are cornerstones of any business operation, as they greatly influence the cost structures, quality of production, and overall profitability. They ensure a steady flow of the ...

AI in procurement: Top benefits, use cases, and best practices Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office ...