One of the biggest misconceptions about AI-driven procurement is that technology is the hardest part. It's not.

According to Gartner, cost savings, procurement talent, and supplier risk mitigation are some of the priorities that enterprises must address to fulfill their business goals amidst unprecedented ...

Bid protests against a procurement process often center around claims of bias that result in flawed selection decisions. For example, the Government Accountability Office (GAO) put out a report in ...

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, the pioneer in Cognitive Procurement software today, announced the global launch of its' first-of-a-kind Merlin Experience Center. Built with Zycus' 20+ years ...

David Campbell, CEO and co-founder of Tropic, shares tips for streamlining the software procurement process. When Marc Andreessen made the bold statement in 2011 that software is eating the world, he ...

As we look to the year ahead, the emphasis on innovation will continue to shape procurement strategies. This makes it imperative for chief procurement officers (CPOs) to take proactive steps now to ...

Agencies’ improved grades on the 18th FITARA scorecard reflect their growing commitment to enhancing their IT infrastructure and management practices. This iteration of the Federal IT Acquisition ...

Corruption poses a significant barrier to economic growth, as it deters foreign and local investors. This malpractice not only hampers financial progress but also results in social disparities. Funds ...

A recent report from the Association of Certified Fraud Examiners estimates that occupational fraud costs almost $200,000 per incident. Unmonitored supply chains, underlying inventory assets, a host ...