Economist Enterprise report on procurement and AI strategy
SAP-backed Economist Enterprise report flags AI strategy as the top catalyst for procurement digital agendas, cited by 56% of 2,648 C-suite executives.
Survey results show weaker confidence that procurement can convert technology spending into consistently better outcomes, despite rising AI adoption.
Analysis frames the next phase as governance-led, prioritizing accountability, connected data foundations, human decision rights, risk controls.
Expectations skew toward tactical automation: 46% see AI assisting routine procurement work, fewer than 10% foresee AI leading most choices within three years.
Recommended scorecards pair efficiency gains with control indicators, tracking cycle-time improvements alongside exceptions, overrides, data-quality failures, control breaches.
SAP•
