Future of procurement - Powered by agentic AI
Transition from tactical to transformational
Spend management is hard when faced with data scattered across multiple sources, stakeholder misalignment, manual processes, and a lack of real-time market intelligence. Genpact Procurement Suite tackles these problems head-on, combining deep procurement knowledge with agentic AI-powered workflows to:
- Use historical sourcing data to develop procurement strategies in real time
- Identify cost-saving opportunities earlier
- Drive value through deeper supplier collaboration, backed by risk and compliance insight
- Give teams back more time to focus on delivering outcomes
Faster decisions and end-to-end visibility are now in reach
Up to
70%*
reduction in buyer effort
Up to
30%*
faster, AI-driven procurement
Up to
30%*
lower cost to serve in procurement operations
* Targeted outcome is indicative. Potential outcomes for the business to be validated during project initiation
Move to a more autonomous, insight-driven procurement lifecycle
Genpact Procurement Sourcing
Help drive accurate and cost-effective sourcing with agentic AI
Intelligent sourcing intake agent turns scattered requests into a clear sourcing project charter, cutting down the manual data chase
Supplier discovery agent identifies suitable vendors using best fit, risk, and historical performance data
RFx authoring agent automatically builds requests for information (RFIs), proposals (RFPs), and quotations (RFQs) using your specific requirements and curated templates
Negotiation insights agent equips you with a strategic plan for suppliers, including target objectives, talking points, and counterstrategies
Genpact Procurement Purchasing
Automate tactical purchasing with agentic AI
- Purchase requisition compliance and validation agent acts as the primary transaction agent, auditing requisitions for policy, data, and buying-channel compliance while orchestrating specialized agents to resolve exceptions
Spot buying agent executes one-off, non-contracted purchases by identifying suppliers, conducting competitive bidding, and securing market-competitive pricing from approved vendors
Exception resolution agent detects and resolves mismatches across contracts, purchase orders, and invoices, helping invoices move forward accurately and on time
Amendment agent manages order changes such as pricing, quantity, and delivery-date updates by validating them against policies and budgets and notifying the right stakeholders
Why Genpact?
Operator-made agentic AI
Autonomous workflows built on deep, real-world procurement expertise, with guardrails and transparency, expert human oversight, and human-led decision-making
Proprietary industry-specific model
A proprietary LLM model, fine-tuned with Genpact's deep domain expertise, real operations data, and sourcing content, provides out-of-the-box context and higher accuracy than standard LLMs. Models are self-learning to offer greater flexibility and adaptability for your business requirements
Proven delivery at scale
Over 20 years of Genpact's last-mile procurement expertise and global capability center leadership
Trusted by leading enterprises
Recognized globally for operational excellence, transformation delivery, and AI-enabled business outcomes