Ardent Partners

AP 2025 BIG Trends & Predictions (Part 2): AI Creates Intense Focus on Tech and AI FOMO Accelerates AP Transformations https://lnkd.in/gNvfbdGi ? For the next several weeks, Ardent Partners is featuring a special series highlighting a major trend and prediction for 2025. ? This week features Part Two, exploring the intense focus on technology driven by high expectations for AI and how AI FOMO is accelerating AP transformations. ? #APtrends #APpredictions #accountspayable #AI #artificialintelligence #ePayables

Today on CPO Rising — “AI in Action — Procurement: A Conversation with GEP” https://lnkd.in/gXDNurir ? The power of artificial intelligence (AI) is undeniable. Its impact and influence are revolutionizing the Procurement automation market. According to research from Ardent Partners, AI will soon be ubiquitous in this sector, offering unparalleled efficiencies and capabilities. ? The transformative possibilities of AI will drive innovations in source to pay, eSourcing, risk management, and overall supply chain management, streamlining enterprise operations and improving business decision-making. ? In view of these advancements, Ardent Partners launched a special “AI in Action” interview series where I sat down with senior executives at procurement solution providers who are focused on AI now and in the near term. These discussions are an opportunity to share their company’s focus on, expertise in, and vision for AI within the procurement industry. Today’s AI in Action profile features a conversation with Santosh Nair, Chief Product Officer for GEP Worldwide. #artificalintelligence #AI #procurement #chiefprocurementofficer #GEP

Today on CPO Rising — “Magnus Mondays — Suites, Specialists, and IM&PPO” https://lnkd.in/eu-vjFq7 ? There is a clear trend of procurement technology preferences swinging from suites to specialists that repeats itself over time. ? Magnus explores this trend by examining its pattern: a period of innovation where new solutions enter the market with significantly better capabilities or entirely new ones, followed by a period of consolidation when innovation slows down. ? #procurement #chiefprocurementofficer #intakemanagement #S2P #procurementprocessorchestration #IM&PPO

Today on CPO Rising — “CPO Rising Listicle: AI in Action — Procurement, Part 3” https://lnkd.in/gWUB4_zY Artificial Intelligence (AI) is transforming modern procurement technologies, paving the way for greater efficiency and smarter decision-making. Once considered futuristic, Procurement AI is now a rapidly emerging reality. While its initial effects may be modest, Ardent Partners predicts a swift acceleration in its adoption and impact. ? In the third and final part of our "AI in Action — Procurement" listicle series, we explore the future state of AI-powered solutions in procurement operations within large global organizations. ? IMPORTANT NOTE: Don’t miss CPO Rising’s “AI in Action” article series where we converse with product or strategy executives around the impact and influence AI is having in the Procurement automation market. ? Read articles from our series here: https://lnkd.in/g-hH5GAd Want more information on procurement best practices? Sign up for Ardent Partners' Research Newsletter: https://lnkd.in/eySWh2ms. #procurement #chiefprocurementofficer #AI #artificialintelligence

AP 2025 BIG Trends & Predictions (Part 1): Historic AI Adoption Rates and AI Efficiency in AP Is Real https://lnkd.in/gWVc6TAY ? For the next several weeks, Ardent Partners will feature a special series highlighting a major trend and prediction for 2025. ? This week features Part One, with a focus on historic AI adoption rates and the impact of AI efficiency in the year ahead. ? #APtrends #APpredictions #accountspayable #AI #artificialintelligence #ePayables

Today on CPO Rising — “AI in Action — Procurement: A Conversation with Fairmarkit” https://lnkd.in/gXgdrQc5 ? The power of artificial intelligence (AI) is undeniable. Its impact and influence are revolutionizing the Procurement automation market. According to research from Ardent Partners, AI will soon be ubiquitous in this sector, offering unparalleled efficiencies and capabilities. ? The transformative possibilities of AI will drive innovations in source to pay, eSourcing, risk management, and overall supply chain management, streamlining enterprise operations and improving business decision-making. ? In view of these advancements, Ardent Partners launched a special “AI in Action” interview series where Ardent's Andrew Bartolini sat down with senior executives at procurement solution providers who are focused on AI now and in the near term. These discussions are an opportunity to share their company’s focus on, expertise in, and vision for AI within the procurement industry. Today’s AI in Action profile features a conversation with Kevin Frechette, CEO and Co-Founder of Fairmarkit. #artificalintelligence #AI #procurement #chiefprocurementofficer #Fairmarkit

2024 AP Honors Profile: Bridge Investment Group’s Journey with PredictAP to Revolutionize AP Processing https://lnkd.in/gW8FqBjs ? Today we’re featuring another 2024 AP Honors Award profile. Managing accounts payable at Bridge Investment Group is no small feat given the company’s complex structure. This complexity led Bridge to choose PredictAP, Inc. as its technology partner to address AP processes that relied heavily on manual data entry or outsourced services. ? Read the success story behind this partnership and how AP processing at Bridge was transformed. ? #accountspayable #approcessing #AI #artificialintelligence #machinelearning #predictap

Today on CPO Rising — “Magnus Mondays — Do We Need a Sourcing Toolbox?” https://lnkd.in/gUgcuCRt ? Today, Magnus examines different sourcing solutions, and which are needed in your sourcing toolbox and for which circumstances. And then there’s the question of the toolbox itself. Intake management and procurement process orchestration can be the answer to automating a sourcing event in the appropriate tool. ? #procurement #chiefprocurementofficer #sourcing #sourcingsolutions #eSourcing #intake management #procurementprocessorchestration

Today on CPO Rising — “Procurement News” https://lnkd.in/gnDJfCKc ? Our last Procurement News for February features personnel announcements, including James Jones who joined NOVA Chemicals as its new chief supply chain & procurement officer; Parmeshwaran Iyer who was named chief supply chain officer for Apollo Tyres; and Sergio Grimaldo who was appointed chief supply chain officer for R.S. Hughes. ? Check out more details about our featured procurement executives as well as supply management news. ? #procurement #chiefprocurementofficer #procurementnews #promotions #procurementexecutives #supplymanagementnews

Today on CPO Rising — “AI in Action — Procurement: A Conversation with ORO Labs” https://lnkd.in/gKkBQBhg ? The power of artificial intelligence (AI) is undeniable. Its impact and influence are revolutionizing the Procurement automation market. According to research from Ardent Partners, AI will soon be ubiquitous in this sector, offering unparalleled efficiencies and capabilities. ? The transformative possibilities of AI will drive innovations in source to pay, eSourcing, risk management, and overall supply chain management, streamlining enterprise operations and improving business decision-making. ? In view of these advancements, Ardent Partners launched a special “AI in Action” interview series where Andrew Bartolini sat down with senior executives at procurement solution providers who are focused on AI now and in the near term. These discussions are an opportunity to share their company’s focus on, expertise in, and vision for AI within the procurement industry. ? Today’s AI in Action profile features a conversation with Yuan Tung, Chief Technology Officer and Co-founder of ORO Labs. ? #artificalintelligence #AI #procurement #chiefprocurementofficer #OROLabs