Procurement stories

The 2025 refresh of the global SIAM Body of Knowledge adds AI, skills, and guidance to help organisations manage complex, multi-vendor service ecosystems effectively.

The Visual Media Association has launched its 2025 survey to benchmark Australia’s AUD $15bn print, sign, packaging and visual media sector amid key government reviews.

BRKZ has secured a USD $30 million loan to expand its financing solutions and support the growth of Saudi Arabia’s booming construction sector.

Manual accounts payable processes drain money, time and trust from businesses, risking cash flow and reputation if action isn't taken promptly, say CFOs.

Workday is harnessing AI agents to revolutionise enterprise finance and HR, enhancing data integrity, compliance, and real-time insights across global firms.

OCS New Zealand is the first globally to deploy Esker's full AI-driven finance automation suite, enhancing efficiency and accuracy in its financial operations.

Oracle adds new AI agents to Fusion Cloud Applications, boosting supply chain leaders' ability to optimise processes and improve decision making seamlessly.

Oracle has embedded AI agents in Fusion Cloud Applications to boost finance teams' productivity, cut costs, and enhance controls with real-time insights and automation.

Salesforce and AWS are deepening their decade-long collaboration to boost secure AI agent adoption in enterprises, enhancing data, contact centres and procurement.

A survey reveals 73% of supply chain leaders faced supplier disruptions last year, with many turning to AI to curb financial losses and boost resilience.

Datadog has attained IRAP Protected status, enabling its secure monitoring tools to support Australian public sector and regulated organisations.

SAP has launched AI-driven updates to its Business Suite, unifying data, apps and AI to boost smarter decisions and faster execution across enterprises.

Fluent Commerce has launched its Fluent Order Management solution on Google Cloud Marketplace, simplifying procurement and boosting global retail operations.

AI is transforming procurement, shifting focus from 'future-proofing' to being future-ready by boosting agility and resilience amid global disruptions.

An independent UK Cyber Growth Action Plan urges urgent steps to boost the £13.2 billion cyber security sector for resilience and economic growth.

Derek Kudsee has been named Managing Director of Unit4 Financials by Coda to lead AI-driven transformation in financial management and customer engagement.

AI-driven predictions of supplier payment timing boost cash flow forecasting for manufacturers, enhancing working capital and supplier relations.

Gartner urges CHROs to prioritise cyber security as HR systems increasingly adopt AI, highlighting the risks of data breaches and the need for stronger digital oversight.

Over half of procurement leaders have boosted tech budgets, embracing AI and data to enhance efficiency amid rising challenges, reveals new global report.

Most UK banking leaders are frustrated by 'cloudwashing' as 57% say core banking systems touted as cloud-native aren’t genuinely so.