Insights Summit & Product Council

With all the excitement, hype, and discussion around AI it seems like the robot apocalypse is imminent. Despite this bluster, data quality remains at an all-time low, technology adoption is challenging, and value creation ever elusive. This session will take a measured and sober examination of AI’s progress into the procurement universe. It will explore what is real, what we should expect, and most importantly how to start changing (or at least thinking about) procurement’s operations.

In a rapidly changing business landscape, Procurement is emerging as a critical driver of organizational success. But what does it take to future-proof Procurement and achieve excellence in today’s dynamic environment? This panel will explore the trends, technologies, and strategies shaping the future of Procurement, centering on key questions including:

• Defining “Future-Ready Procurement”: What does it mean to be future-ready, and how will procurement transform over the next 5-10 years?

• The Role of Technology: From AI to advanced analytics, emerging tools are revolutionizing procurement. How can organizations adopt these technologies effectively while balancing user engagement and skill development?

• Driving Broader Value: Procurement is no longer just about cost savings. Learn how spend analytics can unlock broader organizational goals, such as sustainability, supplier diversity, and risk management.

• Overcoming Challenges to Excellence: From common pitfalls to proven success stories, discover the biggest challenges procurement teams face and how top organizations overcome them.

Turn Supplier Risk from a Vulnerability into a Strategic Advantage

Managing supplier risk has never been more challenging—or more critical. From potential new tariffs to volatile interest rates, the stakes are higher than ever. The consequences of falling behind? Significant:

• 59% of companies have experienced costly data breaches from third-party vendors, averaging $4.29 million per breach.
• 47% of organizations report financial losses due to supplier failures.

In this session, you’ll discover how to turn these vulnerabilities into strategic opportunities. Eric Evans from Rapid Ratings will join SpendHQ’s Anne Gusler as they share how to:

• Transition from manual monitoring to a centralized, real-time, AI-powered system.
• Proactively address supplier risks to ensure operational continuity and compliance.

Safeguard your organization and stay ahead in today’s complex environment.

2025 Product Vision: Accelerate Time to Impact

In today's fast-paced business environment, Procurement teams are under unprecedented pressure to deliver more with fewer resources. You’re facing increased demands, heightened risks, and new strategic priorities—all while working with limited bandwidth. The good news? You don’t have to navigate these challenges alone.

In this session, you’ll get an exclusive update on our 2025 Product Roadmap. Discover how Spend Intelligence and Performance Management can transform your data into actionable insights—bridging the gap between information and accelerating the value you provide like never before.

In 2025, our focus is laser-sharp on:

• Streamlining Your Workflow: Experience a dramatic reduction in task completion time with fewer clicks and enhanced automation. Effortlessly manage spend and projects at scale.
• Enhancing Insights: Gain deeper, more actionable insights with enriched data, providing granular visibility into spend, risk management, market trends, and beyond.
• Personalizing User Experience: Say goodbye to friction in your daily tasks. Enjoy tailored views, workflows, and analytics designed specifically for your unique needs.

With a fully optimized Spend Intelligence and Performance Management toolkit, you can make 2025 the year of unparalleled results. Spend less time on repetitive tasks and more time driving strategic impact for your organization.

As the demands on procurement continue to grow, leaders are increasingly being asked to shoulder responsibilities. With multiple systems, siloed data, and evolving regulations, the challenge is immense. The SpendHQ team of experts is dedicated to partnering with procurement teams to drive towards accomplishing more on big goals like reducing risk, increasing compliance, delivering on ESG targets, and more. In this session, our Customer Success team will give teams the top tips on how to shape their Spend Intelligence data to gain more insight and drive strategic insight.

Global teams, massive amounts of data, and increasing pressure to accomplish more - these are the main components that make up a complex environment for procurement leaders. In this workshop, SpendHQ's Delivery team will teach you how automation is on your side - how global organizations are ensuring their Performance Management solution is customized with alerts, deadline enforcement, and more. Plus, with a growing list of integrations, the team will showcase how procurement organizations are bringing their supplier data together in one central location.

Do you have questions about how to maximize SpendHQ's solutions - big or small? Our product experts and customer teams are here with answers.