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The Next Phase For AI In eProcurement

PYMNTS

The company recently acquired AI patents for its procurement software solution relating to data management and cataloguing. One of those patents is for the company’s existing Virtual Data Manager tool, which takes “imperfect,” unstructured data and allows a company to categorize that for spend management and analysis.

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eProcurement At The Starting Line Of The Digital Enterprise

PYMNTS

Spend management and digital procurement go hand-in-hand, but with the advent of more sophisticated eProcurement solutions, sourcing and corporate purchasing are no longer only about saving money.