844: Contracting for Speed: How Orchestration Empowers Procurement W/ Clare Cassano and Toby Laforest

844: Contracting for Speed: How Orchestration Empowers Procurement W/ Clare Cassano and Toby Laforest

"Your contracts are your source of truth. You should have a tool that can go through the contracts and help you understand the impact and make an assessment, all in one place." -Toby Laforest, Senior Director PMM - Market Insights and Solutions at Ironclad

Procurement leaders can no longer afford to wait for requests to land in their inbox. Facing regulatory change, market volatility, and growing demand for business partnership, some organizations are reimagining their procurement operating models and putting technology and process both front and center.

In this Art of Procurement podcast episode, Clare Cassano, Head of Procurement Strategy & Execution at Invesco, and Toby LaForest from Ironclad, share how Invesco tackled the shift from reactive service to proactive business enablement. They discuss the tough choices behind their technology stack, the reality of orchestration layers, and why "best fit" often wins over "best-in-class" for their unique needs.

Listen in for practical lessons on realigning talent, building true contract intelligence, and future-proofing your procurement process with an eye toward AI and automation.

In this episode, Clare and Toby discuss:

  • How AI-enabled contract management can deliver real-time contract insights, not just document storage
  • Honest advice about choosing best fit tech over one-size-fits-all suites
  • Future opportunities (and things to watch out for) related to agentic AI in procurement

Links:

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Episoder(923)

880: The State of AI in Procurement: Who's Getting the ROI? W/ Nick Heinzmann

880: The State of AI in Procurement: Who's Getting the ROI? W/ Nick Heinzmann

"There's an absolute risk of procurement's role and scope being diminished by AI, unless we embrace new ways of working." - Nick Heinzmann, Head of Research, Zip According to new research from Zip, on...

24 Aug 33min

879: The AI Pilot Phase is Over: How to Move From AI Investment to Genuine Business Impact W/ Joseph Postiglione, Sr.

879: The AI Pilot Phase is Over: How to Move From AI Investment to Genuine Business Impact W/ Joseph Postiglione, Sr.

"If you're not completely sure about what you want to try to achieve, how will you know you ever achieved it?" - Joseph Postiglione, Sr., Author, Protecting Expected Outcomes in the Age of AI AI inves...

17 Aug 28min

EP 13: Making Sense of the Procuretech Landscape: Practical Insights for CPOs W/ Samir Khushalani

EP 13: Making Sense of the Procuretech Landscape: Practical Insights for CPOs W/ Samir Khushalani

"The biggest risk today is not making the wrong AI decision. It is making no decision at all while everyone else is learning." Samir Khushalani, Senior Advisor, Art of Procurement Procurement leaders ...

12 Aug 29min

878: Building Procurement as a Strategic Growth Engine W/ Travis Hodge

878: Building Procurement as a Strategic Growth Engine W/ Travis Hodge

"Procurement's future is bright, when we continue to do it the right way for the right reasons." - Travis Hodge, Director of Enterprise Sourcing & Procurement at nVent Procurement is no longer just a ...

10 Aug 36min

877: Building Trust for Digital Supply Chain Success W/ Mohit Ahuja

877: Building Trust for Digital Supply Chain Success W/ Mohit Ahuja

"Visibility is not the end goal. The end goal is how does that visibility enable me to make a quick decision." - Mohit Ahuja, Strategy & Transformation Leader, Caterpillar Business leaders can no long...

3 Aug 28min

EP 12: Provider of the Week: Una

EP 12: Provider of the Week: Una

"It's amazing how you can rise to the top just by doing what you say you're going to do and being honest about what you can't do." - Anthony Clervi, Managing Partner, Una Procurement teams today are u...

29 Jul 33min

876: AI with Purpose: Designing Procurement's Next Chapter W/ Gaël De Martelaere

876: AI with Purpose: Designing Procurement's Next Chapter W/ Gaël De Martelaere

"If you build AI on top of weak foundations, you're going to have a very broken system." - Gaël De Martelaere, Chief Procurement Officer, Hexion AI is driving enormous change in procurement, but succe...

27 Jul 41min

875: How to Transform Every Procurement Partnership W/ Kate Vitasek

875: How to Transform Every Procurement Partnership W/ Kate Vitasek

"When you have a great partnership, the value that you can create is unbelievable if you know how to do it." - Kate Vitasek Despite the best intentions, nearly 70% of business partnerships unravel wit...

20 Jul 47min

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