How AI Helps Procurement Work Better, Smarter and Faster (.PDF Download)

July 5, 2022
As artificial intelligence continues to advance and make its way into more applications, here are some of the positive impacts that it’s having on procurement.

Technology that leverages computers and machines to mimic the problem-solving and decision-making capabilities of the human mind, artificial intelligence (AI) is used in mobile devices that incorporate speech recognition, by companies that have online virtual agents and also to extract and act on meaningful data from digital images and videos. Using data about past purchases, AI algorithms can also uncover trends that organizations can use to develop more relevant selling strategies.

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