Artificial intelligence comes to spend management Spend Management

Back in January, Coupa acquired Spend360, a leader in artificial intelligence for spend management founded by Paddy Lawton, the author of today's blog post. What happens when a mathematician falls down a rabbit hole into the world of sourcing and procurement? Artificial intelligence (AI) comes to spend management, that's what. It's a tale that illustrates how AI has been evolving over the past several years, to the point where it's finally starting to deliver real value. I'll tell you all about how that happened and what it means, but first I want to give some background so you understand exactly what it is we're talking about, and why it's happening now. It seems that every third business article you read these days makes some mention of artificial intelligence and machine learning, and how they're going to transform the world.