Insights and articles from our procurement and sourcing experts.
Procurement leaders are under increasing pressure to define and deliver a credible AI strategy. But unlocking real value from AI in sourcing isn’t about buying another tool or layering superficial AI features onto legacy platforms that were never designed to scale. It requ...
Procurement leaders from Invesco and Bristol Myers Squibb (BMS) concluded that autonomous, agentic sourcing delivers faster impact than any other area of the procurement lifecycle—and they have the results to prove it.
AI procurement pioneer and Globality Chief Technology Officer, Keith McFarlane, summons his crystal ball. But did he do that by typing a prompt or asking a question?
Cost optimization is no longer just about doing more with less—it’s about doing smarter with AI. With Agentic AI-driven sourcing, companies can achieve unprecedented efficiency, accuracy, and agility, while unlocking savings that directly impact the bottom line.
Discover how Globality’s AI-driven spend analytics empower global enterprises to manage risk, boost efficiency, and create new business value.
In an era of tighter budgets, shrinking headcounts, and soaring expectations, procurement organizations must do more with less. HP is embracing that challenge head-on, using AI and autonomous sourcing to transform procurement from a cost center into a value engine.
Lior Delgo, who has built and sold software companies to Microsoft and Yahoo among others, explains why he’s focused on quality over quantity when it comes to building procurement’s most advanced AI agent
An ambitious new generation of AI-empowered CPOs are reshaping the landscape with bold, innovative, and data-driven strategies, supported by cutting-edge technology.
Globality Co-founder and President Lior Delgo explains how Glo’s native-built AI capabilities make her the most advanced AI Agent in procurement
Globality Co-founder and President Lior Delgo explains how Glo’s native-built agentic capabilities make her the most advanced AI Agent in procurement
As part of the journey from scope to savings, procurement and business teams can simply ask Glo for detailed project pricing information in natural language. Our award-winning platform, which manages all spend from tail through to complex service categories, instantly create...
Lior Delgo sees a profound opportunity for CPOs to elevate their roles and drive greater business value by partnering with AI.
At Globality, we've learned that robust security isn't just about checking boxes; it's about building a comprehensive shield around customer data that evolves with emerging threats. While we're proud of our ISO 27001 certification and SOC2 compliance (both recently reaffirme...
Our Chief Customer Officer Keith Hausmann highlights the big trends he expects to see in procurement in 2025 and as you would expect his predictions are dominated by AI and how it can help the function to operate more efficiently while driving savings and adding more strateg...
As the year draws to a close, it’s a good time to consider how Agentic AI-driven autonomous sourcing is not only helping the bottom line amidst the continuing economic uncertainty but also helping make a real difference to people’s lives around the world.
Technology entrepreneur Lior Delgo examines how procurement leaders can partner with AI to not only drive more value for the business but also enhance their career development
Can an AI Agent achieve $15M in savings in just one hour? This may sound too good to be true, but it's exactly what happened today when we launched the latest version of our automated negotiation tool.
With these new, enhanced capabilities, Globality's global enterprise customers now only require a single sourcing platform for all their multi-billion company spend
Serial technology entrepreneur and leader in AI innovation, Lior Delgo, explains why game-changing technology is making procurement the place to work in G2000 companies
Seth Catalli explains why the CFO’s Office should have seven functions not six that it focuses on automating to drive better business outcomes
Keith Hausmann highlights how finance leaders can deliver real cost savings through strategic procurement mandates and AI-driven sourcing technology
It's the CFO's biggest dilemma. How to cut OpEx without cutting off growth. We have the answer: automated spend management reduces costs by 20% and increases operating efficiencies by 70% while actually driving growth
Globality hosted a Breakfast discussion to explore how autonomous sourcing can enable businesses to increase sourcing efficiencies, reducing costs and improving speed-to-market.
In today’s fast-paced business world, organizations are continuously seeking ways to streamline operations, reduce costs, and stay ahead of the competition. At the Gartner CFO Conference in Maryland, the No.1 topic of discussion was about what areas are ripe for transforma...
The Gartner Quick Answer: How to Prepare for AI in Procurement highlights the four key steps that CPOs and other sourcing leaders should take to embrace and adopt AI, enabling procurement to move from back-office function to a strategic growth driver and become a leader acro...
AI-powered autonomous sourcing involves the application of cutting-edge technologies, such as Machine Learning (ML) and Natural Language Processing (NLP), to streamline and optimize procurement processes. Autonomous sourcing not only increases efficiencies by automating rout...
Unlocking Procurement Savings with AI: Moving Beyond Hype to Tangible Results
To truly accelerate the impact of Zero-Based Budgeting, though, organizations should make full use of AI-powered autonomous sourcing.
Gartner, Predicts 2024: CPOs Adjust to Technology’s Impact on Procurement, outlines how new technology is rapidly evolving and changing how procurement will be executed in the future
Why Intelligent Automation is the Key to Cutting Your SG&A There exists a huge opportunity for CFOs to make an instant impact on their bottom line
Why procurement should champion AI-powered transformation to earn a seat at every table across the enterprise
FP&A managers have a unique opportunity to leverage automation across their spend management model to drive better business outcomes and also increase their impact across the organization.
Procurement has to move beyond its traditional role of merely sourcing goods and services at the cheapest price. Here are six steps that procurement leaders should take in order their teams become true business partners:
Why indirect procurement and generative AI are the perfect match
Why Companies Should Embrace Autonomous Procurement to Cut Costs Instantly
To achieve the substantial cost savings that companies across all sectors are seeking, there is an urgent need for new autonomous sourcing and procurement technology that delivers increased efficiencies and reduced operating expenses, writes Spend Matters' Meena Ibrahim
How Business Can Use Generative AI to Instantly Cut Costs
Why Private Equity Firms Should Mandate Autonomous Sourcing Across Their Portfolio to Cut Costs Instantly
You can’t watch a news broadcast or flick through your social media feed or without seeing and hearing about generative AI, and how it will transform the way we work, bringing new efficiencies and enabling people and teams to accomplish more. According to this report from...
David Latten, Head of Indirect at Logitech, explains why procurement wields the lever that can enable leading global companies to take gender equality as seriously as they do environmental issues
The GPT-powered innovation defines project specifications faster than people can.
Five trends that will result in companies reimagining procurement within their organizations as they contend with economic challenges in the year ahead.
Procurement leaders have found themselves under growing pressure to inject a greater degree of flexibility into operating models and offer their stakeholders an improved, consumer-grade user experience.
During the uncertain times that lie ahead, businesses will need to prioritize agility, making quick decisions and changing direction when required.
Innovative technology is enabling seamless buying processes that mirror the value creation and intuitive user experience that has existed in the B2C sector for more than a decade.
Why procurement needs to embrace digitalization to survive and thrive with leaner teams during the uncertain times that lie ahead.
Keith Hausmann outlines how the use of new technology will enable procurement to make its mark in today’s volatile world.
New innovations are being developed every day, powered by AI and other leading technologies.
Edoardo Vignani explains how marketing leaders can use new digital platforms to gain a competitive edge.
The Future of Procurement is self-serve, fueled by innovative AI-powered technology that makes sourcing a smarter, more efficient process.
Globality CRO Keith Hausmann discusses how innovative technology can help procurement meet today’s biggest challenges.
Transformative procurement leaders have a unique opportunity to turn their company’s spend into a valuable asset that drives long-term sustainable impact beyond the traditional definition of ESG.
Keith Hausmann explains the ethical and economic reasons for global enterprise companies to ensure they award business fairly, competitively and transparently
As CIOs continue to shift their focus towards enabling revenue generation, effective ecosystem management moves from a ‘nice-to-have’ to a fundamental capability, writes Adrian Sharples, VP, Technology
At DPW 2021, Globality brought together a panel of transformative procurement leaders who are putting strategic innovations into practice to help drive growth and lead the ESG agenda across their companies.
Keith Hausmann explains why the time is right for procurement to expand its influence across the organization and deliver the future of sourcing today.
The following five points go some way to answering these questions and, in doing so, form the key pillars upon which a successful procurement digitalization strategy is founded.
Here are seven ways companies can implement a successful supplier diversity program.
It’s one thing for companies to talk about diversity and inclusion but another to truly put those words into practice and build an organization where people from right across the spectrum can come together and work collaboratively, feeling that everybody is treated equally...
After years of diversity and inclusion (D&I) being treated as a buzzword, many organizations are now taking a closer look at whether their actions are making a meaningful difference.
In our rapidly changing environment, how can procurement become a driving force for change and a strategic partner to deliver value to the business beyond traditional cost savings?
No one is better positioned to drive disruptive change and lead the reinvention of the enterprise than procurement.
In order for chief procurement officers to successfully lead the transition to a best of breed ecosystem, there are three steps that must be taken.
A new complement to traditional procurement solutions is emerging–– an interconnected network or best-of-breed ecosystem––which is opening the door to procurement’s future.
New procurement operating models require an ecosystem––a network of best-of-breed solutions that deliver a seamless end user experience. In part one of our latest series, our Chief Revenue Officer Keith Hausmann discusses how enterprise consumerization requires CPOs to t...
In the final part of a three-part series about Why AI Matters to the Chief Procurement Officer, Globality CRO Keith Hausmann shares how AI-enabled strategic sourcing can radically alter capabilities and mind-sets around demand management, self-service sourcing, and supplier...
Continuing the series on why artificial intelligence is critical to CPOs, Globality Chief Revenue Officer Keith Hausmann describes how AI-enabled strategic sourcing can address the complexity of procurement with speed and simplicity—without sacrificing results.
Today’s procurement leaders face a series of unparalleled challenges. To help their teams rise to the occasion, CPOs must think differently about how they utilize people, processes, and current and emerging technologies.
As the world comes to grips with the Coronavirus disease (COVID-19), the industry is already seeing the next wave of change for procurement.
Technologically-driven innovation is poised to disrupt long-standing customs of the legal profession. Changing regulatory frameworks are creating growing demand for regional, industrial, and category expertise.
There’s a new approach to an old HR problem: artificial intelligence (AI). Our goal remains the same, though—hiring great talent and offering a great employee experience.
It’s not every day you get the opportunity to hear from Al Gore, the 45th vice president of the United States and Noble Peace Prize laureate. I recently had such an opportunity, and what struck me most was something quite extraordinary. In a world experiencing a series of...
From optimizing messaging for direct-response channels to powering chatbots, AI Is making an impact that will only accelerate from here.
Any CIO can tell you that defense against cyberattacks is a core issue facing their corporation. All companies need defensive techniques that defend them against any form of cyberattack that is used to cause harm, exert control over, or even kill a company’s ability to ope...
Although technological change in the legal industry is notoriously slower than it is in other sectors, technology has become an integral part of a legal department’s ability to achieve a variety of business goals.
Procurement and innovation don’t have to be at odds. Progressive Procurement leaders are taking charge to make innovation a priority, leveraging technology such as artificial intelligence to drive results beyond cost savings.
Many in the legal profession have likely heard something about artificial intelligence (AI) by now. But in this nascent stage of a game-changing technology, most lawyers (along with lots of other professionals) are just starting to explore how AI can benefit them and their f...
Marketers simply don’t have time to scan the marketplace in search of the best agency at the right price for every project. Machine learning can help.
Innovative sourcing technology can enable local businesses to dramatically expand their reach and transform into global businesses; it can empower already global businesses to go where they’ve not gone before.
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