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Why Agentic AI Could Transform Procurement

Across the enterprise, agentic AI is moving from pilot to production. According to a recent survey of agentic-AI adoption at 385 organizations, software development teams have reached 35%, IT operations 31%, and marketing 26%. But procurement lags far behind, at just 9%. That gap is surprising, because procurement is where the evidence base for agentic AI is the strongest, the ROI case clearest, and the gap between potential and current practice widest. The function seems tailor-made for agentic AI. Its workflows are high-volume and partially structured. Its outputs (vendor selections, contract terms, spend levels) are directly measurable in financial terms. Its pain points (manual document processing, fragmented supplier data, missed risk signals) map precisely to the capabilities of autonomous systems. And yet adoption lags. Why?

Full analysis : Procurement stands to benefit from agentic AI more than almost any other business function.