Question: I'm looking for a solution that automates direct materials sourcing and improves supply chain collaboration.

Ivalua is a cloud-based procurement software suite that handles all aspects of spend and suppliers. It has direct materials sourcing, supply chain collaboration, inventory management and supplier risk management, all in one system. Generative AI can help with quicker, more confident decision-making, and it's a good option for procurement and supply chain teams.

Another option is GEP, which offers a variety of AI-infused software, services and managed services. Its GEP SMART platform is a single source-to-pay system for direct and indirect procurement, while GEP NEXXE is for end-to-end supply chain management. GEP is big on AI, and its systems can bring big improvements in efficiency, productivity and cost savings to many industries.

If you prefer a modular, scalable approach, JAGGAER is an all-in-one procurement system that automates procurement with AI. It includes features like predictive analytics, cost optimization and supply chain resilience, so it's good for big companies that want to modernize their procurement. JAGGAER has been a procurement leader for years, with customers reporting big cost savings and efficiency improvements.

If you want a system that's geared more toward spend management and control, Coupa is a cloud-based system that spans procurement, supply chain, finance and IT operations. Coupa offers AI-powered automation for source-to-pay, treasury management and supply chain collaboration, and can help businesses run more efficiently and profitably with end-to-end visibility and automation.