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May 15, 2024

Gen AI Enabled Contract Negotiations

Leveraging Gen AI Enabled Contract Negotiations and Risk Management

Generative AI (GenAI) has quickly emerged as a pivotal force, notably in contract negotiation and risk management. With the introduction of GenAI tools like ChatGPT, which onboarded whopping 100 million users within 2 months of its launch signifies GenAI’s impact across industries. According to EY Reimagining Industry Futures Study, GenAI ranks third among the nine […]

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GenAI for sustainable sourcing

GenAI Enabled Sustainable Sourcing Software: Pathway to Enterprise Success

rative AI, it’s crucial to highlight real-world examples of organizations leveraging these advanced technologies for significant benefits. SIRVA, a leading global moving and relocation services provider, is one such example. Discover how SIRVA transformed its procurement processes and achieved remarkable efficiency gains by adopting Zycus’ GenAI-based solutions. Watch the video below to learn more about

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GenAI-Powered Future of S2P

The GenAI-Powered Future of S2P: Predictions for 2025 and Beyond

In procurement and supply chain management, the rapid evolution of Generative AI (GenAI) is poised to revolutionize Source-to-Pay (S2P) processes. As organizations grapple with the challenges of an increasingly complex and dynamic business landscape, the GenAI’s potential to transform S2P and drive unparalleled efficiency and value has never been more apparent. This thought-provoking article delves

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GenAI supplier discovery

How GenAI Supplier Discovery and Qualification Revolutionizes Procurement

In today’s complex global marketplace, identifying and qualifying reliable suppliers is critical for business success. Traditional methods can be time-consuming, resource-intensive, and prone to human error. This is where GenAI supplier discovery emerges as a game-changer, streamlining the process and unlocking significant advantages. KPMG’s 2023 survey states: “Based on our March survey on Generative Al,

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