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In 2026, procurement will receive one of the largest transformations that it has seen in the past several decades. Rather than being a cost centre that exists in the back office, procurement will evolve into one that is Strategic, Intelligent, Resilient, Sustainable, and fully integrated with the way that organisations make their decisions.
There are four key driving forces behind the transformational changes that Procurement will experience over the coming years:
Artificial intelligence (AI-enabled) procurement systems
Real-time risk and compliance intelligence from suppliers
Carbon emissions tracking
Automated approval processes driven by policies
These four areas will have a profound impact on how Procurement develops its global strategies and on how organisations can thrive during this timeframe by utilising the tools and capabilities provided by Eyvo and other providers in this emerging marketplace.
In 2026, the use of Artificial Intelligence (AI) to improve how companies procure goods and services has moved from trial to mainstream. Advanced technology, such as AI, will play a larger role in improving efficiencies, enhancing decisions, streamlining operations, and increasing the ability to react to market changes.
Artificial Intelligence enables procurement teams to focus on strategic initiatives rather than repetitive, administrative tasks.
The use of intelligent automation will significantly decrease the time required to source, review, and approve contracts, process invoices, and analyze spending.
Organizations that utilize analytics and predictive modelling will have the ability to anticipate fluctuations in the market and pricing before they occur.
Eyvo has a distinct competitive advantage due to its AI-enabled platform, which allows companies to optimize their procurement processes at every level - from providing Intelligent RFQ Comparisons and spend classification to automating invoice alignment. This enables procurement teams to achieve greater speed, efficiency, and accuracy in their results while maintaining full control over their processes.
In 2026, procurement teams will be required to take an active rather than a passive approach to evaluating supplier risk. Due to the extensive and widespread impact of global district disruptions on supply chains, procurement leaders must prioritize managing all types of supplier risks, including, but not limited to, Financials, Operations, Compliance, Safety, Quality, etc.
Financials of Suppliers
Credit Rating, Creditworthiness, and Credit Risk
Geopolitical, Economic, Environmental, and other types of potential market disruption
Supplier’s Compliance with Ethical, Legal, and Regulatory Standards.
The Supplier Credit Check and Supplier Risk Monitoring features in Eyvo allow procurement teams to efficiently evaluate suppliers’ associated risks before signing contracts, reducing their exposure and enabling them to create stronger supplier portfolios.
The more advanced AI grows, the higher the operational and compliance risk associated with it. Organizations need to balance the effectiveness of automation with governance, transparency, and accountability.
Responsible Use of AI through Governance & Accountability
Risk-Informed AI that alerts to risks, anomalies, and compliance violations
AI that strengthens, rather than removes, control structures
Eyvo Provides a Competitive Advantage!
Automatic Supplier Ratings
Automatically rate suppliers instantly based on compliance information, certifications, and risk elements.
Intelligent Compliance Reports
A clean and easy-to-read overview rather than raw information to review.
Analysis without mistakes
Minimizing the human champions' risk when critically evaluating complex supplier representations.
In the year 2026, the majority of organizations will no longer simply buy products; they will also evaluate and measure the environmental impacts of these purchases.
Procurement Teams will now also be expected to assist their organizations in achieving their Environmental, Social & Governance (ESG) objectives, as well as keep track of carbon emissions for the products that they purchase, and include an evaluation of sustainability when making purchase decisions regarding suppliers.
Measuring and reporting on Scope 3 emissions
Integrating carbon footprints into vendors’ scorecards
Purchasing products that align with sustainability commitments
Eyvo enables carbon and emissions tracking directly within procurement workflows — helping teams monitor supplier emissions alongside cost, risk, and performance. This embeds sustainability into decision-making, not just reporting.
Approval delays are one reason that slows down the procurement process. By 2026, organizations will be utilizing automated and rule-based methods of approving requests to enforce policy and expedite approval cycle times.
Automatic routing based on departmental risk, cost, or threshold, etc.
Set rules to automatically enforce compliance without intervention.
Audit trails facilitate governance and visibility/ transparency.
With the use of Custom Approval Workflows, Eyvo allows an organization to configure its procurement policy and have it applied uniformly to the necessary types of requests, RFQs, purchase orders, and invoices, as well as providing a complete and clear audit trail to the organization with reduced manual intervention.
Procurement technology won’t replace people but, instead, will empower them. As AI and automation tools perform repetitive tasks for you, you need to continue to add value by strategically managing supplier partnerships, risk, sustainability execution, etc.
Data-literate and tech-savvy
Risk and sustainability evaluator
Engaging strategically with suppliers rather than transactionally
Eyvo has developed an enhanced procurement platform that enables team growth by providing visibility into procurement data and insights to help procurement become a strategic partner rather than just a tactical one.
In 2026, intelligent procurement platforms dominate; they are automated, transparent about risk, focused on sustainability, and agile. By using an advanced platform like Eyvo to transition procurement from a transactional to a staunchly strategic growth engine, businesses will drive continued business growth.
The future success or failure of procurement organizations will rest on their ability to integrate data, insight, and action, whether through AI-enabled supply chain risk management, environmental reporting of suppliers, or automated vendor management approvals.
