Ideas, insights and intelligence

Thoughts and inspiration from the team, strategic partners and experts on creating a
 digital procurement impact that matters
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Reports
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Blogs

What is ProcureTech SOURCE?

Discover the new platform the digital procurement ecosystem.

ProcureTech’s StrategyLAB, shaping 2024 digital priorities

What happens at a ProcureTech StrategyLAB?

Laying the foundations for GenAI adoption

10 actions that Procurement leaders should take to set the foundations for GenAI

2024: the golden year for Gen AI?

The value and use of GenAI is set to increase - as we head into 2024, how can we expect leaders and their teams to react?

2023 ProcureTech100 - Sustainable Procurement

The 2023 ProcureTech100 Sustainable Procurement pioneers

2023 ProcureTech100 - Strategy, Process & Performance

The 2023 ProcureTech100 Strategy, Process & Performance pioneers

2023 ProcureTech100 - Supplier Management

The 2023 ProcureTech100 Supplier Management pioneers

2023 ProcureTech100 - Sourcing & Cost Management

The 2023 ProcureTech100 Sourcing & Cost Management pioneers

2023 ProcureTech100 - Source to Pay

The 2023 ProcureTech100 Source to Pay pioneers

2023 ProcureTech100 - Risk Management

The 2023 ProcureTech100 Risk Management pioneers

2023 ProcureTech100 - Finance

The 2023 ProcureTech100 Finance pioneers

2023 ProcureTech100 - Contract & Legal

The 2023 ProcureTech100 Contract & Legal pioneers

2023 ProcureTech100 - B2B Marketplaces

The 2023 ProcureTech100 B2B Marketplaces pioneers

2023 ProcureTech100 – Analytics, Data & Intelligence Pioneers

The 2023 ProcureTech100 Analytics, Data & Intelligence pioneers

An Investment Worth Making: Future-proofing Digital Transformation

Despite challenging times, digital transformation is an area of investment that deserves to remain high on the priority list. Raconteur shares its insights into best practices for digital transformation, and how to successfully implement these critical initiatives.

Part 2: Positioning in Procurement Technology with PeakSpan Capital

As the procurement technology market becomes increasingly crowded, new joiners need to establish strong and clear positioning for their solution. The procurement technology sector is one which is in extremely high demand.

Part 1: Raising Capital in Procurement Technology with PeakSpan Capital

The procurement technology market is quickly becoming crowded. Although consumer demand remains high, new joiners to the market need to ensure their fundraising efforts stand out.

Founders' Thoughts on the Future of Procurement

‘A revolutionary change is needed for procurement.’ ‘It’s time to trust the tools to do the job!’ Founders assess how a digital change to Procurement can impact intelligence systems, efficiency and costs – all by adopting existing digital tools.

Accuracy, Data and Contracts: GenAI’s Power to Transform Procurement

Without accurate data, how can you get reliable results? Recent conversations from the Procuretech Founders’ Circle in London, hosted with Kearney.

Stochastic Parrots, Accuracy, Data and GenAI: Everything from the Latest Procuretech Founders' Circle

This week, we were delighted to run another Procuretech Founders’ Circle event in the heart of London. In partnership with Kearney, the event elicited lively discussions into digital procurement, GenAI and scaling digital solutions in a challenging market.

Proceed with Caution: CPOs and AI tools

Gen AI, ChatGPT, Just AI, Machine Learning, Data… Buzzwords that have become a critical part of Procurement vocabulary, in just the last six months.

The Calm Before the Storm: Procurement's Value Chain

An updated outlook on the 2023 Global Value Chain Barometer.

Reports

How CPOs can Secure Seats at Strategic Tables

CPOs have gained their seat at the table - now it's time to maximise their advantage

The Automation Revolution Starts Now

Pressure continues to be felt from all branches of the supply chain. With rising costs and ongoing supply chain disruption, how are Procurement teams navigating and mitigating risk?

Over 50% of Lawyers Reveal Plans to Implement GenAI - and That's Just the Beginning

There’s panic over the future of AI, where data is stored, and how it’s changing jobs. But, how is it changing highly skilled roles in the Legal sector for the better?

How You Can Join The 'Sustainable Trend' In Procurement

Although sustainability goals aren’t being met, for most companies, they are continuing to climb to the top of the agenda.

$143bn to $84bn: Are we Experiencing the Great VC Cool Down?

Over the last year, numbers have been on the rise everywhere: the cost of living, inflation, responses to global disruption and conflicts. But, maybe not for VC investment in digital and startups.

Cybersecurity, Collaboration and Cross-Communication: Elevating Procurement's Potential

What do you get if you put Third-Party Risk Management, Cybersecurity and Procurement together?

97% of Business Executives are Investing in Big Data and AI

Will teams finally embrace digital change? When it comes to making Procurement the best it can be, these are the topics corporates, VCs and digital solutions agree on.

GenAI: the Next Productivity Frontier

Previously, we discussed how 2023 is the year of GenAI. Now, moving into Q4, this trend has cemented its place in global businesses, as more and more companies adopt it.

Tech Transformation Within CPOs’ Top 3 Focus Areas for 2023

The role of the CPO is evolving but, with ongoing adaptations to technology and digitalisation, what further changes can we expect to see?