Business function

AI use cases for procurement

Sourcing, supplier management, purchase to pay and third party risk.

Use cases
5
Deployments
35
Organizations
31
Outcome disclosed
46%

5 Procurement use cases

31 organizations in 8 countries run these use cases in public. 46% of those 35 deployments disclose a measurable outcome.

Cross industryBanking

AI assistant for procurement and supplier contract review

Procurement and contract review is an assistant that reads supplier contracts and proposals, for procurement and vendor management teams. It extracts the key terms, flags deviations from the organization's standard positions, drafts requests for proposal and evaluation matrices, and prepares negotiation positions, with a procurement or legal owner approving every conclusion.

Deployments
9 public, best grade B
Autonomy
Copilot
Cross industryBanking

AI for supplier invoice processing in accounts payable

AI supplier invoice processing is AI that captures supplier invoices in any format and extracts the header and line data. It matches invoices to purchase orders and goods receipts, proposes tax and cost centre coding, flags duplicates and suspected fraud, and routes them for approval and posting, leaving only exceptions to accounts payable staff.

Deployments
9 public, best grade B
Median automation rate
70%
4 deployments
Cross industryBanking

AI for third party and vendor risk due diligence

AI for vendor due diligence reviews a vendor's security questionnaires, SOC and assurance reports and contracts against an organization's control requirements, and researches the vendor for a risk team. It also checks model documentation, researches the vendor's ownership, sanctions, financial health and adverse media, drafts the risk assessment for a human to approve, and keeps the register of material service providers current with ongoing monitoring.

Deployments
5 public, best grade B
Autonomy
Copilot
Cross industryGovernment and public sector

AI spend classification and spend analytics for procurement

Spend classification is AI that reads purchase orders, invoices, card transactions and contracts and assigns each line of spend to a category, for procurement teams. It assigns spend to the organization's taxonomy and to the right supplier, so procurement can see what is bought, from whom and where to consolidate or negotiate.

Deployments
4 public, best grade B
Autonomy
Supervised agent
AutomotiveManufacturing

AI supply chain risk and disruption monitoring

Supply chain disruption monitoring is AI that watches transport lanes, weather, strikes, ports and a manufacturer's own suppliers' suppliers for signs of a coming disruption. It turns scattered news and sensor signals into one validated alert per event, giving planners enough lead time to reroute, expedite or substitute before the disruption reaches production or the customer.

Deployments
8 public, best grade C
Reported productivity gain
at least 50%
Schaeffler, vendor claim

What the evidence says

Computed from the 35 public deployments behind these use cases. Numbers update with every checked record.

Benchmarks with at least 3 pooled values

Benchmarks across Procurement use cases
KPIMedianReported rangeData pointsClaimed by
Automation rate70%
66% to 85%
42 organization, 2 vendor
Deployments by stage
  • Announced
    3
  • Pilot
    4
  • Production
    21
  • Scaled
    6
  • Paused or rolled back
    1
Public deployments by region
  • North America
    23
  • Europe
    10
  • Asia Pacific
    1
  • Global
    1

Organizations with a public deployment

  • Administration for Children and Families
  • Adyen
  • Andritz Group
  • Bridgewater Associates
  • Charter Hall
  • Cisco
  • DuPont
  • Federal Deposit Insurance Corporation
  • Fugro
  • General Services Administration
  • Georgetown University
  • Google
  • Internal Revenue Service
  • Kingfisher
  • Medtronic
  • Northwell Health
  • Octopus Energy
  • Pacific Northwest National Laboratory
  • Pension Benefit Guaranty Corporation
  • Schaeffler
  • Schneider Electric
  • Technology Common Services Center
  • U.S. Department of Agriculture
  • U.S. Department of Justice
  • U.S. General Services Administration
  • U.S. Immigration and Customs Enforcement
  • U.S. Trade and Development Agency
  • Veolia
  • Veterans Health Administration
  • Walmart
  • ZF Friedrichshafen