How generative AI is making a real impact on corporate procurement
When people talk about the impact of AI, most companies think of sales, marketing, or internal business processes.
💡 When people talk about the impact of AI, most companies think of sales, marketing, or internal business processes.
But a recent Procurement Magazine analysis shows something different: the greatest untapped potential of artificial intelligence for companies lies in procurement. And forward-thinking companies are starting to realize it. 92% of CPOs are already testing or implementing generative AI in procurement. Companies are achieving 2–5× ROI in a short time, 40% faster processes, and significant savings.
This is no longer just the vague potential of AI in procurement. This is the new normal. And the gap is widening between the leaders who are building the future of procurement on AI – and those who hesitate, waiting until the competition leaves them behind.
🔍 This is where Promitea comes in.
✅ Why Promitea: Procurement data in most companies is scattered across ERP systems, Excel files, and emails. But AI relies on data — and without structured, connected information, it simply doesn’t work. Promitea aggregates your procurement data and creates an environment where AI can thrive — data is connected, clean, and tied to the process.
✅ How Promitea helps: Data readiness: We consolidate tenders, purchase orders, contracts, and supplier evaluations.
AI savings & risk management: AI analyzes ongoing and historical tenders, identifies hidden savings, recommends optimal actions, flags risky suppliers, and suggests negotiation arguments.
Process automation: Approvals, reporting, document management, and contract control — procurement teams can focus on strategy and cost optimization.
Plug & Play approach: Implementing Promitea doesn’t require replacing your ERP — we integrate seamlessly and add AI exactly where it has the greatest impact.
Pragmatic approach: We use AI only where it adds real value. A well-designed process and a fine-tuned algorithm can often achieve more with one click than an hour of manual AI work.
✅ Promitea is your gateway to AI in procurement — and to the know-how of the best-performing companies. Give us the opportunity to show you what our software can do and how it can transform your procurement team’s performance!
Why is saving money no longer enough? Most of us who started out in purchasing in the last century remember the heroic tales of brilliant managers who managed to reduce costs by tens of percent through a combination of market power, toughness, and cunning. In this golden age of cost killers, purchasing was judged almost exclusively by parameters such as hard savings, acceleration of the purchasing process, reduction of administrative costs, and reducing the number of buyers. Unfortunately, hard savings cannot be made indefinitely.
Digital procurement is changing – flexibility, the cloud, and mobility are now key.
When people talk about the impact of AI, most companies think of sales, marketing, or internal business processes.
How many times have you looked for a quote that “must be somewhere,” or lost track of who’s supposed to approve the tender?
Return on investment within the first year of project implementation.*
*The ROI estimate is based on real data gathered from our clients and their successfully completed projects.
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