Intellect Digital Technology for Commerce | iDTC’s Post

Resources are frequently wasted by organisations as a result of inefficient spending during the procurement and sourcing processes. An organisation can reduce spending by up to 50% by using a digital Source-To-Pay (S2P) solution, which results in an extra 31% in overall savings. It is possible with iCPX, the pinnacle of corporate procurement, the first-ever purpose-driven and ecosystem-focused open API-based Source-To-Pay Platform. With its embedded AI technology, iCPX offers unparalleled transparency, auditability, and full compliance capabilities, empowering businesses to navigate confidently and efficiently. Learn More: https://lnkd.in/g-ZPXFmE Say hello to streamlined procurement today with iCPX! Debanjan Kumar | Sunil Rajvanshi | Manish Nahar | Saumya Behera | Mahesh Jakhetiya | Ambadas Choudhari #icpx #procurement #embeddedai #emachai #intellect #corporateprocurement

What’s your top digital transformation initiative going to be in 2024? 💡 Check out what #procurement leaders are planning for the year in our comprehensive Annual ProcureCon US CPO Study. Here’s what’s inside:      👉 Latest shift in responsibilities of CPOs across the world   👉 Challenges and opportunities today’s procurement leaders face   👉 Detailed research findings on what CPOs plan to prioritize in 2024, from process implementations and AI adoption to sustainability.   👉 Key suggestions for procurement leaders     Download your copy here: https://lnkd.in/gRXGWqf8 #cpo #contractlifecyclemanagement #digitaltransformation #ai  

Procurement contract extensions. Are you getting the most from them? 🤔 In the public sector, it’s crucial to ensure that contracts are retendered before the extension period expires, as outlined in PCR regulations. Discover more about this topic in our latest blog post, where our CEO Keith Armstrong shares his thoughts. 👓 Read here ---> https://lnkd.in/ewNpj6Z6 Is your current procurement contract coming to an end? Speak to our procurement experts today before you renew! 📞 CALL > Our procurement experts can be reached on 0330 128 1336 💬 CHAT > Visit our 'live chat' feature on our website, no bots and no AI 📩 EMAIL > Drop us a message [email protected] 🤝 MEET > Schedule a meeting with us via our website #procurement #procurementstrategy #frameworks #DPS #publicsector #PCRregulations

Come and read my blog about contract extensions - are you compliant? #procureitbetter

Our 2024 Latest Trends research reveals a significant shift in procurement priorities. Cost control is now the CPOs main concern, ahead of AI tech adoption rate. Unlocking Procurement Excellence in 2024: Insights from The Hackett Group Inc. #cpo #procurementleaders

Struggling with manual vendor onboarding and errors? Acme Manufacturing felt your pain. They achieved a 60% reduction in onboarding time and a 50% drop in documentation errors by leveraging goML's multi-model Generative AI solution powered by Claude-v2. 𝐇𝐞𝐫𝐞'𝐬 𝐡𝐨𝐰 𝐂𝐥𝐚𝐮𝐝𝐞-𝐯2 𝐡𝐞𝐥𝐩𝐞𝐝 𝐀𝐜𝐦𝐞: > Automated Shortlisting & Onboarding: Reduced manual work and costs significantly. > Smart Documentation Processing: Extracted and classified data with pinpoint accuracy. > Improved Communication: Streamlined email interactions for error-free communication. 𝐓𝐡𝐞 𝐫𝐞𝐬𝐮𝐥𝐭𝐬 𝐬𝐩𝐞𝐚𝐤 𝐟𝐨𝐫 𝐭𝐡𝐞𝐦𝐬𝐞𝐥𝐯𝐞𝐬: • 60% Faster Onboarding • 50% Fewer Documentation Errors • 45% Quicker RFP Analysis Read the complete case study: https://lnkd.in/g_n9EdFc Want to transform your procurement process? Learn more about Claude-v2 and GoML's AI solutions - www.goml.io #procurement #automation #AI #successstory #manufacturing #casestudy #goML

#GenAI can already enhance many different workflows in #procurement and 73% of procurement leaders at the start of the year expected to adopt the technology by the end 2024. Learn more: https://buff.ly/4d11tiO

#GenAI helps to transform today's traditional corporate buying processes. Which quick wins can be achieved already and where in the process does trust need to be won first? Read my blog post below to find out 👇 #FutureOfProcurement #CorporateBuying #SmartPurchasing #GenAI #payments #Innovation #SmartAndSimple

Relying on traditional corporate buying processes doesn't do the trick anymore for companies nowadays. How can #GenAI help digitalize the procurement process and which results are the first to show? Read on below to find out👇 https://bit.ly/3vE41mb #FutureOfProcurement #CorporateBuying #SmartPurchasing #GenAI #payments #Innovation #SmartAndSimple

The 2023 edition of the ProcureTech100 Yearbook (https://okt.to/cmfHM4) has officially hit the shelves and we couldn’t be more thrilled to be featured in it! 👏 Building on the success of the last two years, the ProcureTech100 Yearbook, created by ProcureTech and published by CPOstrategy, showcases the definitive 100 pioneering digital procurement technology, data, and analytics solutions that are supercharging procurement and enterprise. This comprehensive guide offers invaluable insights into the crucial components that promise outstanding performance and will undoubtedly shape your digital procurement transformation journey. #cpo #digitaltransformation #economics #economy #markets #business #technology #dataanalytics #ai