Pay10 Global: How is AI Transforming Procurement Operations?

As AI has become more of a global phenomenon, with new forms being introduced on a regular basis, more businesses are taking a chance on this emerging tech to help them transform their operations.

The last year has seen significant disruption to trade, meaning businesses have needed to react faster or learn how to protect their operational resilience.

In order to do so, many have turned to AI to gain extra support in handling manual tasks, tracking real-time data or adding a level of agility to its processes.

Now, AI has become a key player in procurement teams, transforming how systems operate - with new technologies emerging all the time.

If you are interested in learning more on the future of procurement technology, a panel will be held with leaders during the Procurement & Supply Chain LIVE: The Middle East Summit, with free tickets available. 

Procurement shifts

According to McKinsey, procurement teams are now managing 50% more spend than what they did five years ago. To meet this increasing demand, more teams are employing AI agents to automate repetitive tasks. This could make procurement 25-40% more efficient, allowing teams to focus on strategy instead. 

Samir Khushalani, Partner at McKinsey says: "Procurement is evolving from a transactional role to a strategic driver of value. Functions that once focused on cost savings are now shaping enterprise resilience, innovation and long-term growth."

As procurement teams are under greater pressure, their solutions must be more responsive. As early adopters of AI are already seeing sizeable gains, businesses which fail to adapt risk falling behind. AI has become a business imperative for many procurement teams, giving them the flexibility to focus on strategy and move with market trends.

However, as OCP points out, AI can only be effective if it is implemented in the correct way. While AI is expansive and there are tools to cover every procurement function, not every AI tool or system can be relied upon for each function. As AI is still new, many businesses are failing to integrate it properly into its operations, resulting in inefficient operations and wasted money.

An AI champion

Pay10 Global is a fintech company which provides advanced market expansion, IT infrastructure, cybersecurity, compliance and marketing services to its companies. The company helps its clients operate with speed, scalability and security as a result of its digital transformation consulting and cyber risk management.

Bogdan Asproiu, Global Head of Procurement at Pay10, will be taking part in the AI in Procurement panel at Procurement and Supply Chain LIVE: The Middle East Summit. The panel will focus on the transformative effect AI is having on procurement and supply chain operations, such as increasing efficiency and reducing risk. It will be exploring real-world use cases, featuring examples of demand forecasting and spend analytics.

As Global Head of Procurement, Bogdan is well-versed in leading global procurement strategies from the ground up and has overseen numerous business transformations. In his role, he is responsible for introducing automation and making data-driven decisions which grow Pay10's procurement capabilities. Through this, he has witnessed first-hand the effect AI can have on procurement and how it can be used to assist these processes. 

Procurement has changed significantly over the last couple of years, coming into a more visible role as businesses have understood how a strong procurement strategy can be transformative. 

Bogdan says: “Procurement is no longer just about cost control, it's becoming a strategic driver & business enabler powered by AI. Sharing my point of view in automation and data-led sourcing is a conversation worth having."

During his career, Bogdan has worked across five Fortune Global 2000 companies, gaining strong insights into large-scale procurement transformations, with experience across retail, FMCG, telecommunications, fintech and consulting. 

As a leader, Bogdan is confident with integrating AI, machine learning, IoT and blockchain within his supply chain and procurement systems. 

Procurement & Supply Chain LIVE: The Middle East Summit

With a packed agenda and stand-out speakers, the Procurement & Supply Chain LIVE: The Middle East Summit stands out for its breadth of coverage – CSCOs, CPOs and CSOs alike will all take something valuable away with them. 

Whether you are refining supplier networks, developing digital tools or embedding ESG priorities, the event offers direct, practical guidance.

Registration is open through the event agenda page, where attendees can also customise their experience. Plus, there’s no travel needed – just insight streamed straight to your screen.

Procurement & Supply Chain LIVE: The Middle East Summit
Dates: 3–4 February 2026
Format: Virtual
Location: Online
Register for free: https://next.brella.io/join/SPSCDUBAI