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The difference between traditional AI and GenAI in S2P

AI existed for a long time before generative AI (GenAI) emerged. It enabled organizations to tackle more complex scenarios, and its current use cases are making processes much more impactful while augmenting human knowledge and capability. It basically multiplies efficiency through higher process automation. The traditional use cases of AI in procurement include: automated sourcing events for non-strategic, lower-risk events, including suggestion of award scenarios and choice of supplier; optimization of sourcing scenarios; supplier information and discovery management; pipeline automation, classification, cleansing and normalization in analytics; contracts for NLP-based extraction of key commercial information and suggestion of alternative approved clause/language, and determining the appropriate procurement method in P2P. Recent GenAI innovations, however, have taken this a step further, opening the door to new or enhanced possibilities. GenAI is moving traditional, broader AI use ca ....

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ASEAN 5G Monetization and Adoption Strategies Research Report 2023-2027: Beyond Connectivity Solutions for the Enterprise Segment with Opportunities in Integrated 5G Enterprise Solutions

/PRNewswire/ The "5G Monetization and Adoption Strategies in ASEAN" report has been added to ResearchAndMarkets.com s offering. This study considers a. ....

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Quantre Solutions Selected to Present on AI, RPA, Digit...

Quantre Solutions Selected to Present on AI, RPA, Digit...
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C20 resolves to push govts and industries to address crucial climate & environ issues

NL Corresspondent Jammu Tawi: As part of the activities of the Civil 20 (C20) engagement group in India chaired by Sri Mata Amritanandamayi Devi, the Working Group on Sustainable and Resilient Communities organised a workshop in Delhi on “The Role of Technology Cooperation, Finance and Adoption Strategies for Addressing Net Zero Emissions Management”. The ....

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5G Monetization and Adoption Strategies in Asia-Pacific: Customer Experience Improvements Crucial for Future Growth

/PRNewswire/ The "5G Monetization and Adoption Strategies in Asia-Pacific" report has been added to ResearchAndMarkets.com s offering. The Asia-Pacific. ....

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