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Generative AI Uses

CAPS Infographic - Generative AI Uses

The use of Generative AI in procurement has increased by 15% in the past year, mostly for creating documentation; translating, standardizing, or improving language; as well as analyzing spend to identify opportunities for savings or consolidation. With most organizations spending under $10,000 for AI adoption, it is proving to be a cost-effective time saver. Members can access Generative AI in Procurement in the CAPS Library to see the full report.

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