Suplari Blog

So many things can go awry when it comes to reviewing and approving your organization’s spend, especially when it comes to managing different departments and budgets. What if you could get everyone on the same page? We created Purchasing Intelligence for our Suplari AI-driven insights system to do just that. We prioritized adding this extension [...]

As a result of a highly competitive and volatile marketplace, the focus for procurement continues to be around driving cost savings, increasing profits, and mitigating risk. Yet, procurement teams need to find innovative ways to accomplish these tasks beyond their outdated processes, and limited tools and resources. Procurement is already experiencing an explosion towards digital … Read More

With 2019 already in full swing, and the already rapidly changing business landscape, it’s important to stay on top of new trends for procurement. Understanding the innovations and challenges of are important to strategically prepare for a successful 2019. We have rounded up a list of top procurement reports to arm you with the resources [...]

January 1st is right around the corner.  Does your finance or procurement team have a plan to drive a highly visible, strategic initiative in 2019 that results in a consistent “seat at the table?”  Don’t worry if you don’t. Having spoken to many procurement leaders at mid-market and large companies around the world, driving truly [...]

These days, you hear everyone talking about Artificial Intelligence, or AI, and Machine Learning when it comes to managing data. But what do these terms really mean for your business? And how can AI and Machine Learning help you organize and optimize your procurement data? Here, we go beyond the buzzwords to explain what AI [...]

Wasted time. Missing invoices. Late payments. Finding out you were charged how much for what? Procurement is a necessary and immense part of any business. Managing, monitoring, and crunching numbers from that part of your business probably takes a lot of time and effort. In fact, organizing and cleansing your spend, purchase, and supplier data … Read More

 AI in Procurement can give enterprises real-time visibility into supplier spend to quickly identify missing contracts to reduce spend, negotiate better terms, and improve compliance. Procurement organizations use a set of criteria to determine if the spend with a supplier should be governed by a contract. Every organization defines that threshold differently, yet only a … Read More

Enterprise companies can leverage AI in Procurement to quickly connect their spend and contract data to surface opportunities for demand aggregation. With increasing labor rates and the rising cost of fuel, freight and raw materials, finding opportunities to reduce spend is becoming more difficult by the day. Aggregating the spend for each supplier under one … Read More