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procure.blog

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

Arkestro recognized in 2026 Gartner Hype Cycle for Multienterprise and Procurement Solutions

Arkestro, a predictive procurement platform, was named a Sample Vendor for Supplier Discovery in the 2026 Gartner Hype Cycle for Multienterprise Solutions.[3] Gartner also recognized Arkestro for the fourth consecutive year in the 2026 Hype Cycle for Procurement and Sourcing Solu

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Product LaunchesSep 9, 2026

Globality launches Glo 2.0, positioning "fully autonomous sourcing" for enterprise procurement

Globality has launched **Glo 2.0**, an upgraded autonomous sourcing platform that streamlines the full intake‑to‑award process for enterprise procurement teams, emphasizing end‑to‑end AI‑driven sourcing workflows and usability for large global buyers.[1] The launch is being showc

Business Wire

PartnershipsSep 8, 2026

Boehringer Ingelheim signs Owkin AI deal, providing a blueprint for AI‑driven strategic sourcing in complex R&D categories

Boehringer Ingelheim’s licensing agreement to use Owkin’s AI Scientist K Pro model and data network for oncology and immunology discovery demonstrates a sophisticated AI‑enabled partnership structure that procurement teams in pharma and other R&D‑heavy industries can mirror for s

Bloomberg

PartnershipsSep 7, 2026

Anthropic signs major cloud capacity agreements as demand surges

Reuters reported that Anthropic has entered into large infrastructure commitments, including a $30 billion Azure commitment tied to Microsoft and Nvidia and a roughly $45 billion infrastructure deal with British AI company Nscale. The story frames the moves as part of a rapid sca

Reuters

Product LaunchesSep 6, 2026

Cotiviti Retail launches SmartP2P Alerts to detect procure-to-pay transaction errors in real time

Cotiviti Retail introduced SmartP2P Alerts, a new application providing real-time monitoring, prioritized alerts, integrated reporting, and collaborative workflows to identify and prevent transaction errors before they cause financial loss. The solution is designed for finance, m

Business Wire

OtherSep 5, 2026

Descartes acquires Extensiv to expand warehouse and fulfillment technology footprint for logistics-intensive brands and 3PLs

The Descartes Systems Group, a global leader in technology for logistics-intensive businesses, acquired Extensiv, a provider of warehouse management and fulfillment solutions for third-party logistics providers and the brands they serve, in a transaction valued at approximately $

GlobeNewswire

ResearchSep 4, 2026

Nucleus Research publishes 2026 Source-to-Pay Technology Value Matrix highlighting agentic AI in sourcing

Nucleus Research has released its 2026 Source-to-Pay Technology Value Matrix, noting that agentic AI is now extending automation into sourcing, negotiation, invoice coding, anomaly detection, and related activities across leading procurement platforms.[2] The report positions ven

PR Newswire

Enterprise AdoptionSep 2, 2026

CJ Logistics America chooses OneTrack’s AiOn platform to deploy agentic AI across 40 warehouses

CJ Logistics America selected OneTrack’s AiOn agentic AI platform to orchestrate daily operations across more than 40 warehouses, connecting WMS, LMS, ERP and a Snowflake data warehouse so operational teams can build and automate workflows in plain language with AI agents that ex

PR Newswire

Contract IntelligenceSep 1, 2026

Docusign brings Intelligent Agreement Management into Google Cloud’s Gemini Enterprise for Legal

Docusign announced that its **Intelligent Agreement Management (IAM) platform and agreement intelligence** are now integrated into Google Cloud’s Gemini Enterprise for Legal, enabling legal and enterprise teams to analyze contracts, surface key business insights, and automate agr

PR Newswire

Contract IntelligenceAug 31, 2026

GEP Highlights How AI-Native Procurement Platforms Reshape ERP Integration and Prevent Contract Leakage

GEP published analysis on AI-native procurement platforms, arguing that architectures built with AI at the core enable more seamless coordination between disparate agents and ERP systems, improving orchestration of enterprise procurement workflows.[1][2] In a separate August 26 a

GEP

FundingAug 30, 2026

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.

Business Wire

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

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