SRM Today reports that TransformationX, a leading GCC-based technology and consulting firm, has launched Procure Co-Pilot, an AI-driven tool designed to enhance procurement processes for businesses. By automating routine tasks, forecasting trends, and enabling data-driven decision-making, the tool aims to streamline operations, reduce procurement cycle times, minimize human errors, and strengthen supplier management. Arun Bruce, CEO of TransformationX, emphasized that integrating AI into procurement provides organizations with a competitive edge in cost efficiency and agility. He also highlighted that Procure Co-Pilot is built with enterprise-grade security, ensuring sensitive procurement data remains secure and confidential. TransformationX projects that by 2030, 80-90% of routine procurement tasks will be managed by AI, allowing professionals to focus on strategic growth initiatives.
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