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NEWInnovation Watch
Innovation Watch: Agentic AI Applications in Procurement
Nov. 03, 2025Procurement teams seek to streamline sourcing and broader procurement to boost efficiency and value capture in the face of the various challenges such as macroeconomic uncertainties, supply chain volatilities, and geopolitical shocks that enterprises face today. Agentic AI, a configurable layer of autonomous agents, now makes it possible to generate content, derive insights, collaborate with humans-in-the-loop, invoke tools and APIs, and execute decisions end-to-end. Applied across S2P, agentic AI can triage intake, identify and qualify suppliers, assemble events and documentation, administer and monitor events, analyze proposals, support negotiation and awards, resolve PO/invoice exceptions with autonomous three-way match and fraud checks, enable guided tail-spend buying, and continuously sense third-party, ESG, and compliance risks. In this report, we examine agentic AI applications built for procurement and present detailed provider profiles, analyzing capabilities across procurement activities. The report is designed for procurement teams seeking to optimize sourcing and procurement through agentic AI by clarifying where to start and which solutions best fit their operating context. -
Provider Compendium
Procure-to-pay (P2P) Products – Provider Compendium 2025
Oct. 24, 2025Everest Group’s Procure-to-Pay (P2P) Products – Provider Compendium 2025 provides comprehensive and fact-based snapshots of nine P2P products and includes insights on the global P2P products market. It examines each product’s features, enhancements, and market adoption by geography, industry, and buyer size. The report emphasizes how providers are setting themselves apart through specialized, user-centric design and advanced technologies such as generative and agentic AI, analytics, and no-/low-code automation. It aims to enable providers to benchmark their capabilities against their peers and empower buyers to assess whether providers’ offerings align with their requirements. -
Tech Launch Perspective
Agentic AI - Review of Zoho's Product Announcements
Sep. 25, 2025Zoho’s July 2025 product announcements signal a decisive move toward becoming an AI-first enterprise platform, with a particular focus on agentic AI. This report evaluates how Zoho’s ecosystem, including Zia Agents, Zia Agent Studio, and Zia LLM, addresses key enterprise priorities such as workflow orchestration, data governance, low-code adoption, and personalized engagement. The analysis highlights Zoho’s strong alignment with internal interoperability and privacy-first infrastructure, making it relevant for organizations pursuing embedded automation across business functions. While Zoho delivers a tightly integrated experience within its platform, broader enterprise adoption may be limited by ecosystem depth, scalability challenges, and early-stage multilingual capabilities. Everest Group’s analysis underscores Zoho’s differentiation in end-to-end AI infrastructure while also flagging potential areas for improvement. Enterprises evaluating AI-native platforms will benefit from this review’s insights into usability, extensibility, and real-world readiness of Zoho’s agentic AI offerings. -
Sep. 12, 2025Enterprises are recalibrating procurement and finance operations as cost pressures, regulatory complexity, and rapid technology advancements intensify. Procure-to-Pay (P2P) products have become integral to unifying purchasing and Accounts Payable (AP) workflows, enabling organizations to automate processes, improve spend visibility, strengthen compliance, and deliver better user experiences. Stakeholders increasingly expect platforms that provide strong governance and control while supporting scalability and seamless adoption across global operations. The P2P technology landscape remains fragmented, with providers approaching the market from multiple directions: procurement-focused technology providers extending into AP, AP-centric providers moving upstream, and new entrants emphasizing low-/no-code configurability, embedded analytics, and the growing use of generative and agentic AI. Innovation is accelerating through automation-first design, intelligent insights, and extensibility enabled by supplier portals, ERP connectors, and global e-invoicing compliance. As product roadmaps converge toward unified and intelligent platforms, enterprise decision-makers should weigh functional depth, innovation velocity, usability, extensibility, and commercial flexibility when evaluating these products. In this research, we assess 14 leading P2P products, analyzing their strengths, limitations, and market positioning to guide procurement and finance leaders in selecting best-fit platforms and realizing maximum business value.
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Tech Launch Perspective
Procurement Technology – Review of Jaggaer’s Product Announcements at Jaggaer REV 2025
Aug. 05, 2025Jaggaer’s product announcements at REV 2025 mark a strategic shift toward autonomous procurement, highlighted by the launch of Jaggaer AI (JAI), an AI assistant embedded across its source-to-pay suite. Designed to streamline workflows through contextual automation and natural language interactions, JAI reinforces Jaggaer’s focus on efficiency and compliance. Jaggaer also emphasized responsible AI adoption and showcased capabilities such as deep supplier intelligence, ESG integration, and procurement orchestration. This report reviews Jaggaer’s positioning and approach in the context of procurement technology landscape. While Jaggaer is well-positioned to meet evolving procurement objectives, few challenges remain. This report identifies challenges including limited clarity on integration with enterprise systems and scalability for complex, global operations. -
June 06, 2025Procurement leaders today face multifaceted challenges marked by macroeconomic uncertainties, geopolitical turmoil, evolving regulations, cost pressures, and supply chain volatility. Amid these challenges, they are expected to optimize savings, manage supplier risks, ensure compliance, and meet sustainability goals – all while constrained by fragmented, reactive legacy systems. These legacy procurement systems fall short, often leading to reactive decisions, poor visibility, compliance lapses, and operational inefficiencies. This Viewpoint introduces Systems of Execution (SoE) as the next evolution for procurement: an intelligent, autonomous decision-execution framework orchestrating AI agents and operating seamlessly across the Source-to-Pay (S2P) value chain. By overlaying and embedding SoE capabilities into existing systems, procurement organizations can shift from static, reactive processes to dynamic, proactive workflows, enabling an intelligent, autonomous, agile, and execution-oriented procurement ecosystem. Scope All industries and geographies Contents In this report, we explore: SoE-led procurement transformation Functional transformation across the S2P value chain An implementation roadmap for procurement Strategic considerations for chief procurement officers