Top 10: Companies in Agentic AI
Procurement departments worldwide are experiencing a seismic shift in how they operate, strategise and deliver value to their organisations.
At the heart of this transformation lies agentic AI – an advanced form of artificial intelligence that goes far beyond traditional procurement tools by operating autonomously, making real-time adjustments and generating tangible business results with minimal human oversight.
This isn't your typical procurement automation or standard AI implementation. While conventional systems require constant guidance and can only execute pre-programmed tasks, agentic AI actively drives procurement decisions, learns from market dynamics and adapts strategies on the fly. It represents a fundamental shift from technology that merely supports procurement professionals to technology that leads procurement innovation.
Procurement Magazine explores top companies innovating in the realm of agentic AI to enhance procurement operations.
10. Deloitte
Founded: 1845
Headquarters: London, UK
Employees: 460,000
CEO: Joe Ucuzoglu
Deloitte introduces Zora AI, leveraging NVIDIA's AI technology. Zora AI simplifies enterprise operations, increases productivity and enhances decision-making through a range of specialised AI agents.
These agents, designed to work independently, come equipped with domain-specific intelligence and transparency, streamlining complex business processes.
9. Globality
Founded: 2015
Headquarters: Palo Alto, US
Employees: 200
CEO: Joel Hyatt
Globality's Glo, acclaimed as the "most advanced AI agent in procurement", revolutionises the approach to evaluating pricing and proposals. It integrates intuitive, real-time analytics, empowering procurement professionals to craft interactive dashboards promptly.
Glo's Pricing Insights function uses agentic architecture to provide actionable pricing information for smarter purchasing decisions.
8. Accenture
Founded: 1989
Headquarters: Dublin, Ireland
Employees: 774,000
CEO: Julie Sweet
Accenture bolsters its AI Refinery platform with a new AI agent builder, enabling firms to quickly develop and personalise agents for enhanced agility.
In collaboration with NVIDIA, Accenture is expanding its array of pre-configured industry agent solutions, allowing enterprises to efficiently scale their AI agent networks.
7. Pactum
Founded: 2019
Headquarters: Mountain View, California
Employees: 51-200
CEO: Kaspar Korjus
Pactum is a key player in driving agentic AI transformation in procurement, providing innovative and advanced solutions that empower CPOs to use AI agents to complement human teams - trusted by more than 50 of the world’s largest enterprise customers.
It boost rapidly evolving enterprise procurement functions with agentic AI solutions that support human teams with tasks including negotiations and closing supplier deals at scale.
6. FourKites
Founded: 2014
Headquarters: Chicago, US
Employees: 500+
CEO: Matt Elenjicka
FourKites is deploying agentic AI capabilities through its innovative Digital Workforce initiative, designed specifically to address the persistent gap between traditional procurement processes and modern digital requirements.
Rather than replacing procurement teams with standard AI tools, these intelligent digital partners possess deep knowledge of procurement workflows, supplier ecosystems and sourcing complexities, enabling them to collaborate seamlessly with existing procurement professionals.
"These AI systems do much more than act as chatbots or automation tools," explains Priya Rajagopalan, President of Product, Technology and Operations at FourKites. "They can automatically resolve challenges such as detention issues and supplier delays.”
5. Tonkean
Founded: 2015
Headquarters: Palo Alto, US
Employees: ~100
CEO: Sagi Eliyahu
Tonkean distinguishes itself with its Agentic Orchestration capabilities. The platform blends autonomous, collaborative AI with rule-based automation, enhancing back-office procurement processes.
The outcome is an exceptional user experience with dynamic interoperability across over 200 integrations, enabling a robust governance framework that aligns process and policy.
4. SAP
Founded: 1972
Headquarters: Walldorf, Germany
Employees: 112,000
CEO: Christian Klein
SAP's Joule AI agent expands its operations beyond traditional landscapes, acting as a universal assistant across various business processes.
SAP is planning to release agents like Maintenance Planner, Shop Floor Supervisor, and Field Service Dispatcher by Q4 2025, all of which aim to tackle supply chain challenges using real-time insights for maintenance, production and service scheduling.
3. Zip
Founded: 2020
Headquarters: San Francisco, US
Employees: 250-500
CEO: Rujul Zaparde
Zip's agentic procurement orchestration marks a new category which automates the entire purchasing process – thus giving the biggest companies operating around the world today an edge, when they face an increasingly volatile and resource-tight global market.
Zip provides procurement teams with even more tools to improve their processes, with 50 purpose-built AI agents harnessing the company's agentic AI suite for procurement. Helping to remove millions of hours of manual, tedious work currently plaguing every department across the enterprise – from tariff assessments to contract reviews, compliance checks and more.
2. Zycus
Founded: 1998
Headquarters: Princeton, US
Employees: 1,400
CEO: Aatish Dedhia
Zycus integrates agentic AI throughout the source-to-pay lifecycle, transforming procurement processes.
From innovating early AI-driven solutions to building the integrated Merlin suite, Zycus keeps a strategic advantage. Aatish Dedhia, Founder and CEO at Zycus, refers to agentic AI as a "game-changer, transforming procurement into a strategic enabler unlocking real value.”
1. Coupa
Founded: 2006
Headquarters: Foster City, US
Employees: 3,350
CEO: Leagh Turner
Coupa has rolled out a multiagent AI portfolio packed with capabilities to enhance procurement. These tools improve decision-making, streamline workflows, and unleash productivity.
"Coupa is transforming global trade by using multiagent AI capabilities to dynamically and autonomously match the needs of buyers and suppliers,” says Salvatore Lombardo, Chief Product and Technology Officer at Coupa.
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