How we help
AI in Procurement
Artificial Intelligence is the new competitive frontier for procurement leaders. Those who successfully harness AI’s potential will strengthen Procurement’s role as a strategic business partner; those who fail to do so risk falling behind. Applied to the right use cases with robust governance and processes, AI empowers Procurement to drive stronger commercial outcomes, increased savings delivery, and resilience.
But where to start? Drawing on our own AI transformation, Efficio helps you cut through the complexity, so you know where to begin, how to deploy the right tools for your strategic goals, and how to prepare your team to adopt AI with confidence.
Today’s key challenges
Making the business case for AI in procurement
Gaining organisational buy-in and executive support is critical – but estimating and communicating the tangible ROI and strategic value of proposed AI initiatives can be difficult.
Data access, quality, privacy, and regulation
AI’s effectiveness in procurement is often limited by poor-quality or siloed data, as well as growing concerns around privacy, cybersecurity, and evolving regulatory requirements.
Make versus buy
Deciding whether to build proprietary AI solutions or adopt external platforms presents complex trade-offs around cost, capability, control, adoption effort, and the seamless integration of multiple vendors into existing systems.
Upskilling, people development, and change management
Embedding AI into procurement demands significant investment in workforce skills, as well as a redefinition of processes and cultural adaptation to ensure teams can trust, adopt, and leverage AI-driven insights effectively.
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How can we help
We help our clients embed AI into their procurement functions to unlock faster, smarter, and more sustainable outcomes.
With Efficio, you don’t need to choose between technology and procurement expertise. By combining our proprietary AI-powered procurement platform (Efficio’s Connected Platform) with our hands-on experience and know-how, we help you surface insights faster, embed best practices in your organisation, and ensure realised, measurable savings.
- Advisory and enablement: We help organisations shape their AI journey, defining the vision, building a pragmatic roadmap, and driving adoption. Through strategic discussions, workshops, and capability building, we equip teams to embed AI with confidence.
- Insight acceleration: Our off-the-shelf, fit-for-purpose AI toolset accelerates our clients’ ability to derive insights from both internal and external data.
- Custom solutions: For more complex needs, we partner with clients to co-build tailored AI tools that provide guidance, unify fragmented datasets, analyse unstructured content, and seamlessly connect insights across systems, enabling tailored automation, more accurate analysis, faster decision-making, and stronger value delivery.
- Our AI-enabled consultants: Our global team of consultants is AI-enabled, working faster and smarter while continuously testing new solutions and tackling client challenges with innovative approaches.