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Gen AI is rapidly developing, so what can AI do for procurement? Generative AI is transforming industries, but what does it mean for procurement professionals? Join us for this insightful webinar with our founder and CEO Jag Lamba and CIPS - The Chartered Institute of Procurement & Supply as we dive into: ✨ Real-world examples of AI adoption in procurement ✨ Tackling challenges like ethics, traceability, and solution evaluation ✨ A glimpse into what’s next for AI in 2025 and beyond 👉 Register now to secure your spot: https://lnkd.in/g6TnU93h

Is generative AI over-hyped—or is there evidence to show that using this powerful tool in procurement can accelerate the sales cycle and enhance revenue? In the latest installment in our Insights series with dSilo.AI "The Future of AI in Procurement: Transforming theory into practice," we detail how generative AI can and should be used in commercial contracting and share real use cases to illustrate how we've adopted AI both internally and with our clients. We explore the insights and efficiencies AI is providing, including: ➡️Contract redlining: AI used to redline, learning over time to be more efficient and completely independent of review. ➡️Contract summaries: A deeper understanding with AI of what is being purchased and from whom, in preparation for negotiations with a supplier. ➡️Generating amendments: AI leveraged to complete once-impossible risk management clause amendments. ➡️Invoice corrections: Recommendations provided by AI at a transaction level or function level. ➡️Price flexibility: Determine when costs can be reduced within contract terms using AI. We’re seeing real imagination on the part of the early adopters as they seek to tap into the generative capabilities of AI. Learn more about how AI is enhancing procurement, boosting efficiency, and improving an organization’s bottom line. Read now: https://lnkd.in/ggiDZ7bv #procurementinnovation #AIinprocurement

Is generative AI over-hyped—or is there evidence to show that using this powerful tool in procurement can accelerate the sales cycle and enhance revenue? In the latest installment in our Insights series with dSilo.AI "The Future of AI in Procurement: Transforming theory into practice," we detail how generative AI can and should be used in commercial contracting and share real use cases to illustrate how we've adopted AI both internally and with our clients. We explore the insights and efficiencies AI is providing, including: ➡️Contract redlining: AI used to redline, learning over time to be more efficient and completely independent of review. ➡️Contract summaries: A deeper understanding with AI of what is being purchased and from whom, in preparation for negotiations with a supplier. ➡️Generating amendments: AI leveraged to complete once-impossible risk management clause amendments. ➡️Invoice corrections: Recommendations provided by AI at a transaction level or function level. ➡️Price flexibility: Determine when costs can be reduced within contract terms using AI. We’re seeing real imagination on the part of the early adopters as they seek to tap into the generative capabilities of AI. Learn more about how AI is enhancing procurement, boosting efficiency, and improving an organization’s bottom line. Read now: https://lnkd.in/ggiDZ7bv #procurementinnovation #AIinprocurement

How to use Free AI Tools Today to Level Up Your Procurement: Let’s explore how AI is already transforming procurement — enhancing ethical sourcing, fostering diversity, reducing carbon footprints, and making compliance and innovation integral parts of your strategy. Whether you’re a seasoned procurement professional or new to the field, this journey will open your eyes to what’s possible when humans and AI collaborate. Ready to dive in? The future of procurement is here, and it’s smarter, faster, and more inclusive than ever.

Is generative AI over-hyped—or is there evidence to show that using this powerful tool in procurement can accelerate the sales cycle and enhance revenue? In the latest installment in our Insights series with dSilo.AI "The Future of AI in Procurement: Transforming theory into practice," we detail how generative AI can and should be used in commercial contracting and share real use cases to illustrate how we've adopted AI both internally and with our clients. We explore the insights and efficiencies AI is providing, including: ➡️Contract redlining: AI used to redline, learning over time to be more efficient and completely independent of review. ➡️Contract summaries: A deeper understanding with AI of what is being purchased and from whom, in preparation for negotiations with a supplier. ➡️Generating amendments: AI leveraged to complete once-impossible risk management clause amendments. ➡️Invoice corrections: Recommendations provided by AI at a transaction level or function level. ➡️Price flexibility: Determine when costs can be reduced within contract terms using AI. We’re seeing real imagination on the part of the early adopters as they seek to tap into the generative capabilities of AI. Learn more about how AI is enhancing procurement, boosting efficiency, and improving an organization’s bottom line. Read now: https://lnkd.in/ggiDZ7bv #procurementinnovation #AIinprocurement

Is generative AI over-hyped—or is there evidence to show that using this powerful tool in procurement can accelerate the sales cycle and enhance revenue? In the latest installment in our Insights series with dSilo.AI "The Future of AI in Procurement: Transforming theory into practice," we detail how generative AI can and should be used in commercial contracting and share real use cases to illustrate how we've adopted AI both internally and with our clients. We explore the insights and efficiencies AI is providing, including: ➡️Contract redlining: AI used to redline, learning over time to be more efficient and completely independent of review. ➡️Contract summaries: A deeper understanding with AI of what is being purchased and from whom, in preparation for negotiations with a supplier. ➡️Generating amendments: AI leveraged to complete once-impossible risk management clause amendments. ➡️Invoice corrections: Recommendations provided by AI at a transaction level or function level. ➡️Price flexibility: Determine when costs can be reduced within contract terms using AI. We’re seeing real imagination on the part of the early adopters as they seek to tap into the generative capabilities of AI. Learn more about how AI is enhancing procurement, boosting efficiency, and improving an organization’s bottom line. Read now: https://lnkd.in/ggiDZ7bv #procurementinnovation #AIinprocurement