Procurement stories

Luminance opens its Autonomous Negotiation AI to non-lawyers, adding detailed reasoning and history for fully automated contract decisions.

Many 'AI-ready' finance teams lack basic rules and trusted data, leaving advanced tools underused in core processes, research finds.

AI 'leaders' in finance rush to pilots but lack rules, data and governance to scale tools into core, high‑accountability workflows.

Porto startup Sybilion secures USD $4.2m seed funding to help manufacturers turn volatile market signals into faster, aligned decisions.

Slow internal quote approvals are derailing nearly half of deals, Conga research finds, as fragmented systems stall revenue and forecasting.

New York-based Anchr raises USD $5.8m seed round to build an AI-native OS automating core workflows for food distributors worldwide.

Smart CT lands three global IT support deals covering 65,000-plus devices as it accelerates expansion across Europe, Asia and Australia.

Goldman Sachs Alternatives to take stake in Schellman, backing global expansion in AI governance, cybersecurity compliance and digital trust.

Property firms warn new UK digital ID rules still lack clear “confidence” levels, risking patchy compliance and confused procurement.

Most firms admit they are unready for tightening AI rules, with GDPR demands and poor staff training fuelling growing compliance risks.

Legal AI firm Ivo opens London and New York offices and plans to triple headcount, after 600% annual recurring revenue growth.

Vistra and G-P unveil a single-contract route to shift firms smoothly from EOR hiring to fully fledged entities in overseas markets.

As International Women's Day nears, inclusive tech emerges as a powerful lever to unlock women-led growth and reshape local economies.

Women leaders in procurement share how authenticity, collaboration and flexible work are reshaping a traditionally male-dominated function.

Digital sovereignty is a comforting fiction; true resilience lies in messy, modular choices that manage dependency, not abolish it.

Surging UK data centre demand is choking switchgear supply, delaying commercial builds as manufacturers prioritise mega digital projects.

Finland courts UK defence and space leaders in London to build resilient sovereign space capabilities and cut reliance on external suppliers.

8x8 and KCOM join forces to deliver a UK public sector-focused cloud CX platform, uniting network, contact centre, voice and AI services.

Chaotic UK and US marketing teams face burnout, longer sales cycles and missed deals as AI-era complexity fragments strategy and execution.

Workday offers Frankfurt data residency and new languages for its CLM tool, targeting EU sovereignty demands and secure contract hosting.