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Top Uses for Generative AI

CAPS Infographic - Top Uses for Generative AI

Results from a recent report from CAPS Research show that 38% of companies are using Generative AI for cleaning spend data, 29% use it to analyze marketing and category intelligence, and 26% to help users through requisitions, guided buying, etc. This data suggests engaging Generative AI in procurement could bring a significant boost to productivity and profitability. Members can access Generative AI in Procurement in the CAPS Library to see the full report.

Reports published within the last seven years are reserved for CAPS members, but anyone can create a free CAPS account and access more than 30 years of metrics, best practices, and leading-edge research. If you'd like to read this report now, please consider CAPS Research membership for your organization.

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CAPS Research

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