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procure.blog

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

Platforms

AI procurement news in the platforms category.

All Platforms Spend Analytics Supplier Management Contract Intelligence Funding Partnerships Product Launches Enterprise Adoption Policy & Regulation Research Other

PlatformsOct 12, 2026

Focal Point Achieves ISO/IEC 27001:2022 Certification for Information Security Management

Focal Point announced ISO/IEC 27001:2022 certification for the information-security management system supporting its AI procurement platform. The certification independently validates the company’s approach to managing information-security risks within the certified scope.

Business Wire

PlatformsSep 19, 2026

SAP introduces next-gen SAP Ariba smart AI source-to-pay suite

SAP launched a next-generation SAP Ariba source‑to‑pay package built on the SAP Business AI Platform, featuring AI-based assistants and agentic AI “agents” that aggregate demand, analyze bids, handle complex sourcing scenarios, and support intelligent contract authoring integrate

SAP

PlatformsAug 4, 2026

SOVRA Expands Leadership Team to Accelerate AI-Powered Public Procurement Platform

AI procurement platform SOVRA announced new senior leadership appointments aimed at accelerating rollout of its **AI-powered public procurement** and supplier discovery solution.[4] The company positions its technology to bring automated tender analysis, supplier matching, and co

PR Newswire

PlatformsJun 30, 2026

SAP promotes SAP Store as a route to simplify software procurement and contract co‑terming

SAP detailed how SAP Store enables existing enterprise customers to expand their application footprint, co‑term contracts, and manage procurement of add‑ons within their existing commercial framework.[6] The update emphasizes streamlined sourcing and contract management for add-o

SAP News Center

PlatformsJun 29, 2026

Ivalua Recognized as Leader in Forrester Wave for Accounts Payable Invoice Automation

Ivalua, described as an enterprise AI platform for procurement, was named a leader in The Forrester Wave: Accounts Payable Invoice Automation Software, Q2 2026, reflecting its strength in AP automation embedded within a broader source-to-pay suite.[10] The recognition underscores

PR Newswire

PlatformsJun 24, 2026

Coupa recognized as a Leader in the 2026 Gartner Magic Quadrant for Accounts Payable Applications

Coupa announced that it has been named a Leader in the 2026 Gartner Magic Quadrant for Accounts Payable Applications, reflecting the strength of its AP automation and payables capabilities.[8] The company positions this recognition as validation of its broader business spend mana

PR Newswire