jacksonville, florida, June 8, 2023 /PRNewswire/ — Procurement abilityA leading provider of procurement services has announced a partnership with . d silo, an innovative deep learning artificial intelligence (AI) company. This strategic partnership aims to significantly improve the performance of procurement organizations through AI-enabled capabilities. ProcureAbility leverages dSilo’s proprietary technology platform, ProcureGPT™, to enhance rather than replace existing systems and people, delivering enhanced value through intelligent insights and actions.
Deploying this technology will help solve and minimize the challenges facing today’s procurement organizations in managing disconnected processes and over-reliance on manual work. ProcureGPT™ seamlessly integrates with existing contract management and procurement systems, effectively eliminating silos that hinder efficiency. This integration will enable procurement professionals to address critical areas such as spend leakage, contract compliance and lost opportunities, revolutionizing the way they make informed business decisions.
“Timing is crucial. This partnership could not have been more optimally timed. AI is already transforming many industries and procurement is no exception. With our ProcureGPT™ integration, The future of AI-powered procurement is now.” Conrad SnowbarCEO of Procure Ability.
“The partnership between ProcureAbility and dSilo represents an important step towards transforming procurement practices,” said Sharad Malhautra, CEO of dSilo. “Together, we are revolutionizing procurement, helping organizations of all sizes dramatically improve operational efficiency and drive greater business value through our innovative AI-enabled platform.”
For more information, please visit: ProcureAbility.com and dsilo.aiPlease refer to. press kit For product brochures.
About procure abilities
ProcureAbility is a leading provider of procurement services, offering advisory, managed services, digital, staffing and recruitment solutions. For over 25 years, we have been dedicated to helping our clients improve their procurement capabilities. We combine leading methodology, analytics, market intelligence and industry benchmarks with our unique flexible and customizable service delivery model. Fortune 1000 companies trust ProcureAbility to transform their procurement operations, drive growth and reimagine what is possible.
Learn more about. www.ProcureAbility.com.
About dSilo
dSilo is a leading AI company focused on accelerating cost savings, compliance and productivity gains for companies by augmenting existing customer procurement functions with AI. Patented ProcureGPTTMs The platform enables procurement, finance, and legal teams to connect contract documents and spend data to identify out-of-contract purchases, missed rebates and discounts, unapproved unit price variances, working capital improvement opportunities, and compliance gaps. Identification allows for rapid development of new insights.
Learn more about. dsilo.ai.
Media contact:
Kathleen M. Poment
Senior Director | Procurement Capabilities
[email protected]
Sourcing ability
