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Enterprises often struggle with fragmented procurement processes that span multiple systems and business functions. This disjointed data and process flow causes longer cycle times, missed cost-saving opportunities, and limited visibility. While organizations can integrate point solutions such as supplier management, spend management, and contract management into source-to-pay suites, these suites often prove complex and inflexible.

AI and generative AI-powered procurement orchestration tools address these challenges by leveraging smart workflows and data mapping to streamline processes and data flow, creating a unified user experience. These tools act as an integrative layer across systems, processes, and stakeholders, with intake management as the centralized entry point.

In this report, we study procurement orchestration tools, highlighting their scope, features, and unique capabilities. We also distinguish these tools from intake management solutions and present a landscape of technology providers with diverse functionalities. We also explore key adoption drivers, such as cost savings, improved compliance, and enhanced decision-making, alongside potential implementation risks. Stakeholders looking to optimize procurement through AI and automation will benefit from this report, as it offers the knowledge needed to make significant process improvements.

Scope

All industries and geographies

Contents

In this report, we discuss procurement orchestration tools’ benefits and key features and explore the procurement orchestration technology landscape.