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For a long time, procurement was measured primarily on one thing: savings. Get the best deal, close the contract, move on. That expectation has shifted dramatically. Today, procurement teams are increasingly responsible for much more than negotiation, including operational continuity, timely renewals, identifying underutilized agreements, and managing a growing set of decisions that previously sat elsewhere.

While the scope of responsibility has expanded, the way most teams operate has not kept pace. Legacy processes and disconnected tools were not designed for this level of lifecycle ownership. The result is missed renewals, unrealized value, and constant firefighting.

The good news is that new approaches, powered by agentic AI, are making it possible to manage this expanded mandate more easily, even as the business scales. Rather than waiting for users to search and extract information, agentic AI proactively surfaces what matters, flags risks, and keeps teams ahead of key deadlines.

And when users do need to engage, these new agentic AI platforms are conversational by design. They can ask questions in plain language, get answers, take action, and complete tasks all in one place. This is quickly becoming the new default for how teams interact with these systems.

In this webinar, you’ll discover:

• Why procurement’s role has expanded and what the business now expects
• What agentic AI means for procurement and how it changes day-to-day work
• Best practices for adopting AI-enabled contract management
• Live demonstration of agentic AI capabilities in action

Speaker(s):

Scott Quinn, SVP, Consulting Services, Sirion