Ivalua NOW 2025: AI and Transformation Take Centre Stage
Hosted at the renowned Caesars Superdome in New Orleans, influential figures from major global companies are coming together at Ivalua NOW 2025.
The event is providing a platform for discussions on the transformative innovations shaping the procurement landscape.
Hosted by Ivalua, a leader in cloud-based and AI-driven spend management, attendees are immersed in groundbreaking sessions under the theme of Elevate to Innovate. The first day included presentations focused on integrating advanced AI technologies within procurement, fostering digital transformation and enhancing risk and resilience strategies.
Ivalua CEO Franck Leheroux opened proceedings, delivering a keynote that set out Ivalua’s vision for tomorrow’s procurement.
Ivalua V10: Redefining AI in procurement
On Day 1, the spotlight was on Ivalua's latest technological advancements, particularly their introduction of the V10 platform.
Pascal Bensoussan, Ivalua's Chief Product Officer, detailed the capabilities of V10, emphasising its agentic AI and no-code customisation potential.
This platform is engineered to cater to the increasingly complex demands faced by procurement teams by providing intelligent automation and agent-driven functionalities.
“A revolution is coming,” Pascal told the audience. “There is huge transformative power in Gen AI that’s going to sit behind every software company, every piece of software and every enterprise application that will enable efficient processes across all industries.”
Pascal outlined V10's precision, security and adaptability that will close the gap between AI's current and potential capabilities.
V10 is designed to leverage multi-agent systems to enhance user interactions, data retrieval and workflow execution, which is essential for allowing procurement teams to concentrate on strategic goals.
This aligns with Ivalua's commitment to creating intelligent, conversational and connected solutions.
As Pascal noted, the aim is for their AI agents to autonomously source information and execute tasks, providing procurement teams with critical insights and facilitating innovative processes.
Driving digital transformation in procurement
The event's various sessions delved further into how digital transformation can be a catalyst for procurement's success.
At a session featuring Cleveland Clinic's transformation journey, discussions highlighted the need for digital initiatives to meet both current and future business objectives.
The discussions underscored the importance of starting projects early and maintaining strategic foresight.
Paul Sammit from Ivalua, along with industry leaders like Bryon Russell from Mitre and Charlie Barlow from Accenture, emphasised that successful digital transformation is a blend of technology, strategic planning and engaging stakeholders from the onset.
Ensuring resilience
Another prominent theme was preparing procurement for technological innovations and risks.
Speakers such as Ivalua’s Jarrod McAdoo and Accenture’s James Dinette discussed the critical need for a proactive approach in managing supply chain vulnerabilities.
They advocated for strong data ecosystems and the strategic application of AI to build resilient procurement processes.
Their conversations acknowledged that AI agents could significantly impact procurement, especially in dealing with large volumes of unstructured data.
This aligns with Ivalua's vision, as summarised by Vishal Patel, highlighting that AI agents are revolutionising procurement practices.
The day closed with insights from industry leaders, including those from Honeywell and Deloitte, who discussed the strategic integration of AI agents to enhance data analysis and decision-making processes in procurement.
Emphasising responsible AI deployment, the session underscored that the future of procurement is increasingly aligned with intelligent technology adoption, ensuring strategic superiority and operational excellence.
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