Spend Matters, A Hackett Group Division

Most procurement organizations have already completed a supplier data cleanup initiative. Some have even done it more than once. Yet duplicate records, inconsistent supplier information and poor data governance continue to create hidden costs across procurement and finance.    The impact goes far beyond data quality. Bad supplier data can contribute to duplicate payments, missed savings opportunities, increased fraud risk and technology investments that fail to deliver expected value.    Join The Hackett Group® and Supplier.io on August 27 at 12 p.m. ET for a research-backed discussion on why supplier data problems persist and what leading organizations are doing differently to build a sustainable foundation.    Register now: https://lnkd.in/e4DQTPR8  

I'm looking forward to a lively session this Thursday August 13th with our friends at Ironclad and KPMG - If you haven't already registered please add it to your calendar.

A contract shouldn’t become invisible after it’s signed.    Yet many organizations still struggle to connect contract terms, supplier obligations, renewal timing and risk exposure in a way that supports better business decisions.    Join experts from The Hackett Group®, KPMG and Ironclad to explore how leading procurement and legal teams are creating the commercial context needed to:    - Turn negotiated savings into realized savings  - Get ahead of renewals instead of reacting to them  - Connect suppliers, obligations and risk in one view  - Align legal and procurement without slowing decision-making  - Leverage AI to unlock insights from contract data    Register now: https://lnkd.in/eK5w_Sgc     Featuring Rick Gardner, Toby Yu, Herman Man and Will Kolbus 

What happens when you point AI procurement agents at fragmented or duplicated supplier data? Nothing good, according to Bertrand Maltaverne (The Hackett Group Inc.) and Jeremy Reeves (HICX), who will be unpacking this growing challenge in a live webinar on September 22nd. You'll hear why AI agent proliferation creates a new wave of data fragmentation, why ownership gaps still drive inconsistent supplier data, and the blind spots most organisations have around how AI relies on their data. If you're thinking about AI in procurement, and not yet thinking about the data underneath it, this is not one to be missed! Register now to save your seat 🔗 https://lnkd.in/eG_Ejv6z

I'm looking forward to speaking with Mor Cohen-Tal and Roy Weiser on a webinar on August 26th! We'll discuss how procurement teams can get value out of AI and orchestration, including the key aspects they may typically overlook. Should be a really fun discussion — registration link below! https://lnkd.in/gpdHaRNz

We're joining Ironclad and KPMG for a conversation on what it actually takes to turn vendor contracts into a source of realized savings, supplier leverage, and better renewal decisions. Don't miss it! 📅 Thursday, August 13 | 1:00 pm ET Register below:

There's still time to participate in our 2026 Procurement Orchestration Executive Insight Study! We are looking for procurement leaders, practitioners, and process owners with knowledge of their organization’s procurement orchestration strategy to complete the survey below. The survey includes 30 questions and should take roughly 20 minutes to complete. All participants will receive a copy of the report upon completion (ETA of September). The survey closes on July 31.

The next procurement AI challenge: Moving from isolated agents to governed outcomes. Read more from Carina Kuhl and The Hackett Group® Solution Intelligence:

There’s a quiet shift happening in how organizations think about #contracts—and it’s long overdue...I was digging into some recent research and a webinar discussion on it (linked in the comments) that really brought this into focus: For years, #CLM has been treated as the system of record. Get the contract right, store it properly, and you’re covered. But that model is starting to break down. #Procurement teams are managing more suppliers with fewer resources. At the same time, regulatory expectations are rising, and AI is pushing us toward more continuous, data-driven decision-making. The gap? Contracts tell you what was agreed. They don’t tell you whether the supplier is actually delivering—or whether the #risk profile has changed since signature. That’s where the separation between contract lifecycle management (CLM) and third-party #riskmanagement (#TPRM) starts to feel artificial. When those two worlds operate independently... - Risk assessments don’t meaningfully shape contract terms - Obligations sit static instead of being actively monitored - Renewals happen without a full picture of #supplierperformance ...And increasingly, that’s not just inefficient—it’s a #compliance exposure. What the research reinforced—and what I’m hearing more consistently from #procurementleaders—is a shift toward treating contracts and #supplierrisk as a single, continuous lifecycle. Not two systems. Not two teams. One shared data model. Why it matters: - Risk informs the contract—not just onboarding paperwork - Contract obligations don’t disappear after signature—they become part of ongoing monitoring AI becomes actually useful because it can “see” the full picture, not fragmented data. What’s notable is that this isn’t just about technology architecture—it’s a mindset change in how procurement defines control. Less about documentation. More about continuous visibility and accountability. If you’re interested, the The Hackett Group® Solution Intelligence research + webinar featuring our analyst Nikhil Gaur, advisor Michael Falstich and Daniel Barnes from Gatekeeper do a good job grounding this in real examples and implications—worth a watch/read for more context: https://lnkd.in/eEdQkPjG Curious how others are thinking about this—are you seeing CLM and supplier risk converge in your organization, or still running as parallel tracks?

Join #CPO Michael DeWitt at QXO, Roger Blumberg from Synertrade and Richard Gardner, lead analyst at The Hackett Group® Solution Intelligence on 23 June | 3:00pm–4:00pm BST for an expert-led webinar exploring the current state of #procurement #orchestration and the path forward.