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procure.blog

The latest news on AI in procurement — new platforms, funding rounds, enterprise adoption, and industry analysis.

Basware signs agreement to acquire Trustpair

Basware announced a binding agreement to acquire Trustpair, extending its invoice lifecycle management into payment-fraud prevention. The deal combines procurement-to-pay and controls/fraud capabilities in a move aimed at strengthening finance and procurement operations.

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Product LaunchesAug 29, 2026

GreenCore Solutions Launches AI Orderability Agents to Sell CPG and Beauty Brands into Retail Grocery Procurement Marketplaces

GreenCore Solutions Corp. introduced its AI Orderability (AIO) Agent Class, a new type of AI agent designed to make consumer packaged goods and beauty and personal care brands discoverable and orderable across marketplace commerce, going live on the GSC Marketplace.[4] The agents

PR Newswire

ResearchAug 28, 2026

GEP Warns Fragmented Procurement Stacks Are Blocking AI and Orchestration, Urges Unified Source-to-Pay Data Fabric

In late-August 2026 guidance, GEP argues that many enterprises’ current procurement tech stacks cost more than they save and are not ready for AI, often relying on isolated tools with basic chatbots that lack connectivity across sourcing, contracts, and suppliers.[5] The firm rec

GEP

Product LaunchesAug 27, 2026

ContractSafe Expands CLM Platform with Practical AI and Workflow Tools for Mid-Market Teams

ContractSafe announced the largest expansion of its **contract lifecycle management (CLM)** platform to date, adding practical AI-assisted contract review, new workflow tools, and approvals capabilities targeted at small and midsize legal and procurement teams.[3] The enhanced CL

PR Newswire

Spend AnalyticsAug 26, 2026

SAP Highlights AI-Enabled Spend Analytics and Autonomous Spend Innovations

SAP detailed new AI procurement capabilities in its Autonomous Spend portfolio, emphasizing data-driven spend analytics that consolidate, enrich, and standardize company-wide spend to key categories. The update promotes AI-enabled sourcing and category insights designed to antici

SAP

Enterprise AdoptionAug 25, 2026

Orange County Overhauls Procurement with OpenGov as Vendor Unveils New AI Contract and Vendor Management

The County of Orange, California has modernized procurement across 22 departments and 19,000 employees by consolidating over 2,400 active contracts into **OpenGov Procurement & Contract Management**, expanding its supplier pool by 10% and replacing fragmented spreadsheets and ema

PR Newswire

Contract IntelligenceAug 24, 2026

Agiloft launches no-code Agiloft for Salesforce on AgentExchange to unify CRM and CLM workflows

Agiloft introduced Agiloft for Salesforce on Salesforce's new AgentExchange marketplace, delivering a code‑free, CRM‑native contract lifecycle management integration.[7] The managed package lets organizations initiate, manage, and track contracts directly from Salesforce objects

PR Newswire

ResearchAug 23, 2026

Pricefx Opens Pricing Platform to Enterprise AI Assistants and Cited as Leader in Gartner Magic Quadrant

Pricefx announced that its pricing platform can now integrate with the AI assistants enterprises already use, enabling commercial and pricing teams to access pricing intelligence and optimization through their existing AI interfaces.[7] In the same announcement, Pricefx reported

Business Wire

Product LaunchesAug 22, 2026

Coupa’s September 2026 release adds agentic sourcing and autonomous spend capabilities

Coupa announced its largest product release to date with more than 250 updates, introducing AI agents that can autonomously source, pay, and orchestrate spend workflows using real-time market intelligence.[10] New capabilities such as Autonomous Sourcing Event Creation and Navi-g

Business Wire

Enterprise AdoptionAug 21, 2026

Kimberly-Clark Touts AI-Powered Coupa Procurement Rollout as Foundation for Automation and Connected Digital Capabilities

In an earnings presentation highlighted by Supply Chain Dive, Kimberly-Clark’s leadership emphasized that its enterprise-wide Coupa deployment provides a **single global AI-powered procurement solution** supporting automation and connected digital capabilities across the supply c

Supply Chain Dive

PartnershipsAug 20, 2026

Vertice and RSM form alliance to help mid-market enterprises optimize AI and SaaS procurement spend

Vertice, an AI-powered procurement platform focused on software and AI spend, announced a strategic alliance with consulting firm RSM US to help middle-market enterprises identify avoidable SaaS and AI consumption costs, support vendor negotiations and accelerate procurement cycl

PR Newswire

Enterprise AdoptionAug 19, 2026

Kimberly-Clark completes global rollout of Coupa end-to-end procurement platform

Kimberly-Clark has finished a global installation of an end-to-end procurement software platform from Coupa, unifying its procurement processes across regions and deploying an AI agent to boost productivity in its manufacturing network.[7] This marks one of the larger named-enter

Supply Chain Dive

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