Procurement is about to work very differently.
PwC estimates agentic AI could transform at least 75% of procurement activities. See what this means for the future of Procurement—and the technology, data, and operating model needed to get there.
AI agents have the potential to change procurement from sourcing through contracting and supplier management. But that future depends on more than AI alone. Agents need access to connected, trusted data, and the ability to work across the systems where procurement decisions are made.
As a contributing partner to this PwC report, Agiloft brings the contract perspective to that conversation. Contracts contain the terms, obligations, risks, pricing, and commitments that should inform what happens across the procurement lifecycle. Making that intelligence accessible and actionable gives AI, and procurement teams, the context needed to make better decisions.
In the report, explore:
- Where agentic AI could have the greatest impact across procurement
- How AI agents could transform contract review, compliance, risk, and supplier management
- Why connected data and interoperable systems are foundational to agentic procurement
- How procurement leaders can prepare their technology and operating models for what comes next
Read the report
Whats inside:
The gap is in the systems that execute contracts. Sourcing platforms, ERP, accounts payable: none of them are consistently checking whether what's happening matches what was agreed.
Only 36% of organizations automatically link sourcing awards to contract terms. 35% say POs are only partially enforced against underlying contracts. 49% describe their invoice-to-contract validation as partial at best.
The shift from legal to procurement — and what it demands 81% of organizations have moved more contract authority toward procurement in the past two years. 93% of companies over $5B in revenue have done so. That authority brings new accountability — and new infrastructure requirements.