Can you really trust AI with procurement tasks?

Can you really trust AI with procurement tasks?

Procurement has become a strategic priority with significant impact on the bottom line. It's a data-intensive process that requires communicating with large numbers of suppliers, products and services – the kind of complex, transaction-heavy workflow that is uniquely suited to being automated with generative and agentic AI.

In this episode, we examine how AI can make procurement more effective and efficient, where it fits in the procurement technology landscape and how it assists – but doesn't replace – humans in the loop.

Featuring: Keith McFarlane, CTO, Globality

In today's episode, we'll also cover:

  • How the Globality cloud platform works.
  • The capabilities of Glo, the platform's AI agent.
  • Where the biggest cost savings are.
  • The importance of getting procurement workers to trust AI.

References:

To learn more about enterprise applications, check out Search ERP.

To watch the video version our podcast, subscribe to our YouTube channel, @EyeOnTech.

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In most discussions about digital transformation, cloud ERP usually plays a critical role. ERP is the digital nervous system and data repository of a business, deeply embedded in the processes likely to be impacted by a digital transformation project. And cloud ERP is now the preferred – sometimes the only – option for adding the other technologies needed to truly transform the business, such as AI, analytics, e-commerce, team collaboration and CRM. But does that mean digital transformation always requires taking on the substantial challenges of moving to a new, cloud-based ERP system for companies that have on-premises ERP? In this podcast, ERP consultant Eric Kimberling, CEO of Third Stage Consulting Group, shares his advice and experience in using cloud ERP for digital transformation. Kimberling has long been a contrarian about the need for cloud ERP – a rarity among industry analysts and consultants -- especially the software-as-a-service variety. He explains why his skepticism about SaaS ERP has softened and how he helps clients decide which parts of their business to move to the cloud.   Kimberling has more than two decades of experience helping organizations implement major ERP brands, including SAP, Oracle, Microsoft and Infor, and is often called as an expert witness in legal cases. His latest book, "The Final Countdown: Strategies to Reach the Third Stage of Digital Transformation” came out in 2023. Other topics discussed in the podcast include: * the most common things people get wrong about digital transformation * whether transformation is possible with a less ambitious "lift and shift" of on-premises ERP to a public cloud hosting provider * examples of clients who have taken transformation the furthest * lessons learned from writing the book Host: David Essex, Industry Editor, TechTarget

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