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procure.blog

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

Procurify Launches Agentic Procurement Platform That Acts on Customers’ Own Spend Data

Procurify unveiled a new agentic procurement platform that uses AI agents to autonomously act on an organization’s internal spend data, aiming to automate purchasing workflows and identify savings opportunities across source-to-pay. The launch targets mid-market enterprises looki

Business Wire

Product LaunchesJul 21, 2026

Cvent Unveils More Than 70 Product Innovations at Cvent CONNECT 2026, Backed by $1 Billion Technology Investment

Cvent announced over 70 product innovations at its CONNECT 2026 conference, supported by a $1 billion technology investment, including enhancements across its event and meetings platform that impact corporate procurement of meetings and venue sourcing.[3]

Cvent

FundingJul 15, 2026

GMEX Robotics Signs LOI to Acquire AI Platform for Large-Scale Human-Centric World Models

GMEX Robotics Corporation signed a letter of intent for a strategic acquisition of an AI platform that builds social world models for human-centric mass deployment, aiming to integrate advanced AI into its robotics and automation offerings. The deal is positioned to expand GMEX’s

GlobeNewswire

Product LaunchesJul 14, 2026

Coupa expands AI sourcing functionality with agentic supplier discovery features

Coupa launched enhancements to its AI sourcing suite that add agentic workflows for supplier discovery, bid recommendation, and scenario evaluation.[1] The release targets large enterprises seeking to automate sourcing events and surface new suppliers by combining internal spend

Coupa Software

OtherJul 13, 2026

SAP highlights upcoming procurement and spend management events for enterprise customers

SAP published its latest events finder update listing upcoming conferences and webinars where it will showcase advancements in SAP Ariba and SAP Business Network, including sessions on AI in sourcing, supplier collaboration, and contract management.

SAP

Enterprise AdoptionJul 12, 2026

NASA and IFS highlighted for digital procurement and asset management transformation

Procurement Magazine’s weekly roundup spotlights NASA’s work with IFS on digitally transforming asset and procurement processes, alongside other stories featuring Chelsea FC, Coupa, Uzabase and Datavault AI as emerging procurement-tech players.[9]

Procurement Magazine

PartnershipsJul 11, 2026

PSM & Datavault AI: US$700m Mineral Supply Chain Tech

Patriot Strategic Metals and Datavault AI have proposed a partnership focused on fintech for the mineral supply chain. The initiative is described as securing and monetising the mineral supply chain, making it relevant to supply chain technology and procurement workflows.

Procurement Magazine

Product LaunchesJul 10, 2026

SAP launches Joule Early Adopter Care program to embed generative and agentic AI across business processes

SAP announced new Joule Early Adopter Care programs, including Joule Work and Joule Studio, aimed at letting customers trial embedded generative and agentic AI capabilities across ERP and procurement workflows ahead of general availability. The 180‑day program starting in July 20

SAP Community

Enterprise AdoptionJul 9, 2026

Open Fiber and JAGGAER: When Procurement Becomes Strategic Intelligence

Open Fiber says it has chosen JAGGAER to turn procurement complexity into strategic intelligence. The press release positions the deployment as a procurement-transformation story for a named enterprise buyer.

JAGGAER

Enterprise AdoptionJul 8, 2026

How Coupa is Powering Procurement Transformation for Uzabase

Japanese information-services group Uzabase has selected Coupa to digitise and manage all procurement spend across the group, as part of a wider transformation of its sourcing and spend management processes.[3]

Procurement Magazine

Product LaunchesJul 7, 2026

DPW New York: How Valdera's AI Reimagines Sourcing Workflows

At DPW New York, Valdera showcased its verticalised AI platform that automates complex direct materials sourcing workflows, bringing greater transparency and speed to category strategies in manufacturing and industrial procurement.[3] The session highlighted how AI-driven sourcin

Procurement Magazine

Enterprise AdoptionJul 6, 2026

Pepco Group and Coupa Reveal Path to Procurement Scale

Procurement Magazine highlights a procurement transformation discussion between Pepco Group and Coupa. The story focuses on strategy and lessons from a major scale-up effort, making it relevant as a named-buyer enterprise adoption case.

Procurement Magazine

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