A startup called Pavus AI said today it has raised $5.2 million in funding to help organizations get better access to their procurement data, so they can leverage it to optimize spending and reduce ...

Procurement leaders today face a perfect storm of complexity: volatile markets, geopolitical uncertainty, supply risk, and relentless pressure to deliver savings while building resilience.

Ask almost any chief procurement officer (CPO), and, more than likely, they’ll shruggingly admit that procurement—that business-critical function of sourcing and paying for goods and services—is far ...