AI adoption is currently widespread in procurement. According to a survey of 100 procurement leaders in North America by ProcureCon Insights and Coupa, 96% of teams are already using AI in some capacity in their procurement functions.
AI adoption in procurement is in its early stages.
However, only 30% are very satisfied with their current AI solutions, indicating room for improvement. Additionally, 70% of those using AI in procurement have only been doing so for 6-12 months, suggesting that many organizations are still in the early stages of adoption.
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