Arkestro

?? Arkestro is featured in Spend Matters’ Spring 2025 SolutionMap! Procurement technology is evolving fast, and Spend Matters’ SolutionMap is the go-to resource for organizations looking to make data-driven tech decisions. We’re proud to be recognized in this year’s release, which includes 106 procurement technology solutions ranked on functionality, capability, and customer experience. We are thrilled to be named a Top Tech Score in Sourcing for 2025. ?? See how procurement leaders are using SolutionMap to find the best-fit technology. https://hubs.li/Q03crfzC0 #Procurement #AI #SupplyChain #SpendMatters #PredictiveProcurement #Arkestro

?? Are you overpaying? How AI is redefining should-cost modeling. Traditional cost models often rely on static assumptions—leaving money on the table. But what if you could dynamically predict market-competitive costs with AI? Arkestro is transforming should-cost modeling with Predictive Procurement, enabling teams to: ? Establish data-driven cost baselines instantly ? Optimize pricing strategies with real-time insights ? Negotiate with confidence and capture untapped savings Learn how AI is reshaping procurement’s approach to cost modeling in Spend Matters' latest article. ?? ?? Read now: https://hubs.li/Q038TBxy0 #Procurement #ShouldCostModeling #AI #PredictiveProcurement #CostSavings #SupplyChain

??? Beating cost escalations with predictive procurement A leading design-build contractor tackled COVID-driven price spikes and supply chain disruptions using Arkestro’s AI-powered procurement. The results? ?? Materials purchased 11 days ahead of need to keep projects on track ?? Faster, clearer cost insights—no more waiting on emails & spreadsheets ?? Stronger supplier collaboration with streamlined bidding ?? See how predictive procurement can help you stay ahead. https://hubs.ly/Q03crfwr0 #Construction #Procurement #AI #SupplyChain #Arkestro

?? Only 54% of finance executives feel confident in their ability to digitally transform, improve processes, and modernize technology. With digital transformation accelerating, CFOs and procurement teams must work smarter, not harder. ?? Predictive procurement is the key to: ?? Enhancing decision-making with AI-driven insights ?? Streamlining operations to unlock efficiencies ?? Driving cost savings and increasing profitability ?? Mitigating risks by improving supplier visibility and resilience ?? How can CFOs and procurement leaders build a stronger partnership in 2025? Read more here: https://hubs.li/Q03cDrjl0 #FinanceTransformation #PredictiveProcurement #CFO #Procurement #DigitalTransformation

We’re thrilled to welcome Alan Turfe and Edwin Bennett to Arkestro’s Executive Advisory Board! These two seasoned leaders bring decades of experience and strategic insight that will help drive Arkestro’s mission of transforming procurement and supply chain management. Alan Turfe, with a career spanning industries from automotive to life sciences, has led billion-dollar organizations with expertise in finance, operations, and procurement. Edwin Bennett, a governance and operational expert, is renowned for navigating complex challenges and scaling global businesses during his tenure at EY. Their guidance will play a pivotal role as we continue to deliver innovative, AI-powered solutions that unlock trapped savings, mitigate supply chain risks, and optimize sourcing processes for enterprises worldwide. Learn more: https://hubs.li/Q03cL9Bt0 #Procurement #SupplyChain #Leadership #Innovation

CFOs: Is Procurement driving the cost savings you need? In today’s market, every dollar counts—but outdated procurement processes are leaving money on the table. AI-powered Predictive Procurement is helping CFOs: ? Unlock cost savings without adding headcount ? Gain visibility & control over more spend ? Drive profitability while mitigating risk Discover key issues and top procurement priorities for CFOs. Get the insights you need to turn procurement into a strategic advantage. ?? Download now: https://hubs.li/Q038TcT90 #CFO #Procurement #AI #CostSavings #PredictiveProcurement #FinanceTransformation

?? High-tech manufacturers are seeing real procurement results with Arkestro In a competitive industry, procurement teams need to deliver dramatic cost savings, address significantly more spend, and mitigate risk. With predictive procurement, top manufacturers are achieving: ? 18.8% savings on every $1M of spend ? 3x more spend with the same resources ? 60% faster cycle times ? Go live in just 5 days ? Payback in 45 days ?? ”We’re super happy to report that the incremental results look like a 16% savings and this is on a commodity product that we’ve bought many times in the past. Within a week we had boots on the ground, we launched the project, we completed the project.”– Sean Park, Vice President Procurement and Transformation, ARM With AI-driven sourcing and negotiation, Arkestro helps procurement teams stay ahead, scale impact, and unlock hidden value. ?? Ready to transform your procurement strategy? https://hubs.ly/Q038TFkH0 #hightechmanufacturing #procurement #AI #supplychain #automation #Arkestro

?? Predictive Procurement is the future – and Alan Turfe is all in. We’re proud to have Alan Turfe as an Executive Advisor at Arkestro, bringing decades of expertise in finance, procurement, and supply chain from General Motors, Thermo Fisher, and J M Smith Corporation. ?? “Predictive procurement is revolutionizing decision-making. By leveraging data-driven insights, we’re achieving substantial cost savings and operational excellence.” – Alan Turfe With AI-powered negotiation and supplier engagement, Arkestro helps leaders unlock faster savings, smarter decisions, and greater resilience. ?? Learn more about Alan Turfe and the leaders on our Executive Advisors team here: https://hubs.li/Q038TFXM0 #Procurement #AI #SupplyChain #Finance #Leadership #Arkestro

? Fortune 10 oil & gas companies trust Arkestro—here’s why With AI-powered predictive procurement, Arkestro helps oil & gas teams by: ? Accelerating time to savings ? Empowering faster, smarter decisions ? Strengthening resilience and mitigating risks ?? Ready to transform procurement? Let’s talk. https://hubs.li/Q038TFfS0 #oilandgas #procurement #AI #supplychain #automation #Arkestro

?? Key facts shaping the procurement industry Understanding the current landscape is crucial for procurement professionals aiming to stay ahead. Here are some pivotal insights: ?? 67.4%: Average percentage of enterprise spend managed by procurement departments. ?? 90% of Chief Procurement Officers (CPOs) believe they must achieve more with existing resources while enhancing performance. ?? Emerging tech impact: Predictive analytics, supply management technology, and data science are set to transform procurement in the coming years. Stay ahead by embracing the trends shaping the future of procurement. ?? Explore the full infographic for more insights: https://hubs.li/Q038k8gG0. #Procurement #IndustryInsights #PredictiveAnalytics #SupplyChain #Innovation