CFOtech Asia - Technology news for CFOs & financial decision-makers

Procurement stories

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US defence firms race to meet strict new DoD cybersecurity rules

Today
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procurement
US defence contractors face a tight deadline to meet new DoD cybersecurity rules or risk losing contracts as enforcement phases in by 2028.
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Squadron Energy wins award for rapid SAP cloud ERP rollout

Last week
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procurement
Squadron Energy won the ERP Fast Growth award for swiftly deploying SAP's Public Cloud ERP, boosting operations and cutting reconciliation time by 70%.
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AI reshapes procurement as Australian organisations seek agility

Last week
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procurement
Australian procurement leaders adopt AI to enhance sourcing and agility amid supply chain challenges, blending technology with human expertise for strategic gains.
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UK firms lose nearly one in five SaaS pounds to waste & risk

Last week
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procurement
UK firms lose nearly one in five SaaS pounds to wasted or duplicate licences, with 63% facing uncontrolled adoption risking security and overspending.
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Emirates Flight Catering transforms data management for efficiency

Last week
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procurement
Emirates Flight Catering adopts Informatica’s cloud-based data platform to boost efficiency, supplier collaboration and sustainability in its meal production.
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SIAM Body of Knowledge refresh brings AI, skills & guidance

This month
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procurement
The 2025 refresh of the global SIAM Body of Knowledge adds AI, skills, and guidance to help organisations manage complex, multi-vendor service ecosystems effectively.
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VMA goes data-first with 2025 Industry Metrics launch

Last month
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procurement
The Visual Media Association has launched its 2025 survey to benchmark Australia’s AUD $15bn print, sign, packaging and visual media sector amid key government reviews.
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BRKZ secures USD $30 million loan to expand Saudi construction tech

Last month
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procurement
BRKZ has secured a USD $30 million loan to expand its financing solutions and support the growth of Saudi Arabia’s booming construction sector.
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Killer costs of manual accounts payable: CFOs say it’s time to act now

Last month
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procurement
Manual accounts payable processes drain money, time and trust from businesses, risking cash flow and reputation if action isn't taken promptly, say CFOs.
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Exclusive: Workday’s Jerry Ting says it’s time to ride the wave

Last month
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procurement
Workday is harnessing AI agents to revolutionise enterprise finance and HR, enhancing data integrity, compliance, and real-time insights across global firms.
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Vertiv appoints Paul Ryan as EMEA president succeeding Karsten Winther

Last month
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procurement
Vertiv will appoint Paul Ryan as EMEA president in 2026, succeeding Karsten Winther, who will retire at the end of 2025 after leading the region.
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OCS overhauls finance with full Esker AI automation rollout

Last month
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procurement
OCS New Zealand is the first globally to deploy Esker's full AI-driven finance automation suite, enhancing efficiency and accuracy in its financial operations.
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Oracle enhances Fusion Cloud supply chain with new AI agents

Last month
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procurement
Oracle adds new AI agents to Fusion Cloud Applications, boosting supply chain leaders' ability to optimise processes and improve decision making seamlessly.
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Oracle adds AI agents to Fusion Cloud for smarter finance ops

Last month
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procurement
Oracle has embedded AI agents in Fusion Cloud Applications to boost finance teams' productivity, cut costs, and enhance controls with real-time insights and automation.
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Salesforce & AWS advance secure AI agents in enterprise change

Last month
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procurement
Salesforce and AWS are deepening their decade-long collaboration to boost secure AI agent adoption in enterprises, enhancing data, contact centres and procurement.
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Supply chain leaders face mounting disruptions & turn to AI solutions

Last month
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procurement
A survey reveals 73% of supply chain leaders faced supplier disruptions last year, with many turning to AI to curb financial losses and boost resilience.
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Datadog achieves IRAP Protected status to support Australian public sector

Last month
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procurement
Datadog has attained IRAP Protected status, enabling its secure monitoring tools to support Australian public sector and regulated organisations.
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SAP unveils AI-driven advances to unify business data & apps

Last month
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procurement
SAP has launched AI-driven updates to its Business Suite, unifying data, apps and AI to boost smarter decisions and faster execution across enterprises.
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Fluent Order Management launches on Google Cloud Marketplace

Last month
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procurement
Fluent Commerce has launched its Fluent Order Management solution on Google Cloud Marketplace, simplifying procurement and boosting global retail operations.
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Forget future-proof. Be future-ready: How AI is empowering procurement to thrive amid disruption

Tue, 30th Sep 2025
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procurement
AI is transforming procurement, shifting focus from 'future-proofing' to being future-ready by boosting agility and resilience amid global disruptions.