The Midas Touch: Discover How AI Can Transform Your Procurement Operations
Used extensively in varied applications such as image processing, computer vision, or language processing, artificial intelligence is now entering several new areas, aiding in organizational decision support. According to estimates published by IDC, worldwide spending on artificial intelligence is expected to double in four years, reaching $110 billion in 2024, growing from $50.1 billion in 2020. When almost all industries are looking to leverage AI for strategic benefits, can procurement be left behind?
This white paper examines the role that AI can play in procurement and allied domains such as contract lifecycle management and supplier management and the key advantages that Merlin AI platform can bring to global organizations.