Latest Headlines

  1. Field Materials AI Introduces A New Module To Streamline Construction Prefabrication Procurement 9/4/2025

    The latest addition to the Field Materials AI procurement suite addresses the needs of construction prefabrication. The new Prefab module makes it easy for the field staff to request prefab components and automates ordering of materials for these components by using the pre-loaded bill of materials (BOM) from the BIM software.

  2. Ascendum Solutions Awarded Sourcewell Cooperative Purchasing Contract For AI And Digital Support Services 9/2/2025

    Ascendum Solutions, a leader in digital and process solutions, announced the recent award of Sourcewell cooperative purchasing contract for the category of AI Readiness, Implementation, and Support Services.

  3. Focal Point Accelerates Growth As Enterprises Centralize And Automate Procurement Management 9/2/2025

    Focal Point, provider of end-to-end enterprise procurement management solutions, today released an overview of its recent achievements. In 2024, the company saw significant growth as enterprises spanning multiple industries sought to centralize and automate procurement’s daily activities to gain full visibility of all data and activity.

  4. Simfoni Launches Strategic Spend Hub To Power AI-Driven Procurement On Snowflake AI Data Cloud 8/19/2025

    Simfoni, a leader in analytics and spend technology, today announced the launch of its next-generation solution, Strategic Spend Hub. Available on Snowflake Marketplace as a Native App or directly from Simfoni, the AI-driven solution actively helps those in control of corporate spending monitor markets, spend, and contracts, identifying savings and surfacing risk.

  5. Order.co Unveils The Most Proven AI Capabilities For The Office Of The CFO, Delivering 5-10x Hard Dollar Savings 8/12/2025

    Order.co, a leading procurement and payments platform, today unveiled Order.co AI, its suite of intelligent tools built to reduce costs, simplify manual processes, and streamline workflows throughout the entire procure-to-pay lifecycle.

  6. Arkestro Announces Strategic Relationship With BDO USA To Expand And Secure Predictive Procurement Transformation Services 8/12/2025

    Arkestro, the leading predictive procurement platform accelerating enterprise scale, has announced a strategic relationship with BDO USA, one of the nation's leading accounting and advisory firms.

  7. Magnetic MRO Sets Further Focus On AI Procurement And Maintenance Software Usage 8/7/2025

    Magnetic MRO, a subsidiary of Magnetic Group and a leading provider of maintenance, repair, and overhaul (MRO), has recently completed its new two-way integration between SkySelect's parts procurement platform and AMOS, the maintenance management solution by Swiss Aviation Software (Swiss-AS).

  8. Autoket Rebrands As Supply Veins, Relaunching As An AI-Powered Communications Platform To Revolutionize B2B Procurement Across All Industries 8/1/2025

    Autoket, an AI-powered B2B marketplace for automotive fleet parts, today announced its comprehensive rebrand and relaunch as Supply Veins. This strategic shift reflects a broader vision to build the next generation of intelligent supply chain technology across air, land, and sea by addressing the communication breakdown that occurs between buyers and suppliers.

  9. ScanTech AI Unlocks Potential $100M Market Opportunity Through TIPS Procurement Contract With Creeksource Consulting 7/29/2025

    ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a leading innovator in advanced security screening technologies, announced today it will offer its technologies through an The Interlocal Purchasing System (TIPS) contract that it entered into with Creeksource Consulting LLC.

  10. Construction Procurement Software Leader BigRentz Introduces SiteStack To Tackle $177B In Annual Industry Inefficiency 7/23/2025

    BigRentz, a leading construction procurement software company, today announced the public launch of SiteStack: a next-generation procurement intelligence platform built from the ground up to reduce the staggering $177B in annual inefficiencies across the construction and facilities management sectors.