ProcureAbility

While technology has transformed much of what procurement does, one constant is the vital role of humans in the procurement function. We believe human touch is critical to make sense of data, drive strategic decisions, and build and develop business relationships. For nearly three decades, ProcureAbility has helped procurement teams across every industry transform their operations. Read our Insights blog for valuable “dos and don’ts” we've learned along the way, focused on 6 core areas that can help procurement organizations avoid repeating past missteps and operate more efficiently. https://lnkd.in/eumkPX8W #procurementleaders #procurementstrategy

Our people are what makes ProcureAbility great... a great place to find a supportive community of talented colleagues, to learn and grow professionally, and to find balance. Interested in joining our amazing team? Learn more about the Top 10 reasons to become part of ProcureAbility: https://lnkd.in/eQdBQR_Y #procurementexcellence #procurementtalent Laura Wanner-Chavez

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

ProcureAbility is a proud Platinum sponsor of the 100th annual UPMG conference. Hear from the Keynote speaker, vicki britt, SVP of Innovation, Engineering, and Flight at Gulfstream Aerospace and ProcureAbility's Senior Director, Joe Adamski, among other industry thought leaders. Join us September 15-17 in Savannah, GA. Register today: https://lnkd.in/eWbaqBN4 #UPMG2024 #procurementleaders Markley Ward

Are you looking to spend smarter? ProcureAbility, in partnership with Procurement Leaders | A World 50 Group Community, is conducting an industry benchmarking survey of direct and indirect procurement excellence. ➡️Link to the survey: https://lnkd.in/e_a8uy8H Why participate? Exclusively for you as a survey respondent, you will receive the detailed benchmarking data which you may analyze for your procurement organization’s specific needs to gain actionable insights on emerging industry best practices and to stay ahead of the curve. You will also receive the Big Picture Guide ProcureAbility is producing in collaboration with Procurement Leaders. Complete the survey by this Friday, August 16: https://lnkd.in/e_a8uy8H #procurementleaders #procurementinnovation

Are you looking to implement responsible sourcing into your procurement strategy? Join Conrad Snover, Kristen Rellihan, and Erick Prause this Wednesday, August 14 at 1pm ET as they discuss sustainable supply chain initiatives at the SIG|ORG CPO-Exec Exchange, sponsored by ProcureAbility. Register today: https://lnkd.in/ehZcZa57 #procurementinnovation #procurementleaders

M&A deal volumes continue to be strong in 2024. Is your procurement organization prepared to integrate with another entity should corporate leadership make the strategic decision to grow the business through acquisition? Procurement leaders, now more than ever, need to prepare for M&A integrations and the change management it will entail. On the positive side, the increased buying power and expanded supplier networks that are typically part of M&A can vastly open new opportunities to the organization. However, they also come with the daunting challenge of successfully and rapidly merging functions, teams, and technologies. Jake Taylor, Senior Director at ProcureAbility, was recently featured in Supply & Demand Chain Executive discussing the 4 steps to prepare your procurement organization for a successful M&A integration. Read the article: https://lnkd.in/eXTi74Eb #procurementinnovation #supplychainexcellence

We're looking forward to kicking our Fall conference season off with ProcureCon US Indirect East in September—including the exclusive ProcureAbility Women in Procurement Dinner hosted by Kristen Rellihan, our Senior Director of Operations, and Q Noor-Crockett, MBA, PMP, CSP, Sr. Director, Strategic Sourcing, American Tire Distributors. Join us in Orlando! Use code "PIESPONSOR24" for a 25% discount on registration as a friend of ProcureAbility. Stop by our booth #214 to say hello! Stay in the know! Subscribe to Insights for our latest news and thought leadership: https://lnkd.in/dbaGnwGA #PIE2024 #womeninprocurement

Are you looking to spend smarter? ProcureAbility, in partnership with Procurement Leaders | A World 50 Group Community, is conducting an industry benchmarking survey of direct and indirect procurement excellence. Link to the survey: https://lnkd.in/evZQuq9u Why participate? Exclusively for you as a survey respondent, you will receive the detailed benchmarking data which you may analyze for your procurement organization’s specific needs to gain actionable insights on emerging industry best practices and to stay ahead of the curve. You will also receive the Big Picture Guide ProcureAbility is producing in collaboration with Procurement Leaders. This Procurement Benchmarking study will identify strategic and tactical procurement initiatives to improve competency in managing direct and indirect spend to drive cost savings and create value for the organization, including: ➡️Operational Excellence: Key levers to improve efficiency ➡️Value Creation: Through cost savings and service and quality improvements ➡️Strategies for Growth: Remain competitive in an ever-evolving market landscape Complete the survey by Friday, August 9: https://lnkd.in/evZQuq9u #procurementleaders #procurementinnovation

In this ProcureAbility-sponsored CPO-CIO report, ProcureCon US surveyed 100 of the top risk management, procurement, and supply chain leaders in the US and Canada to share key data analyses and insights. Explore our exclusive report: https://lnkd.in/erA7wxgH