This panel discussion will explore the transformative role of AI and data in modern procurement, with a special focus on IT and SaaS sourcing. Panelists will discuss how actionable insights derived from spend analysis, contract data, and market benchmarks can empower procurement teams to achieve cost savings, foster stronger collaboration with IT, and enhance supplier relationships. Attendees will learn which key data points to track, what strategies are needed to overcome transparency challenges, and how tools can streamline procurement processes, optimize contract renewals, and drive value through smarter, data-driven decisions.

The discussion will cover questions such as:

• How do you currently track and manage your SaaS spend across departments?
• What are the biggest inefficiencies you’ve identified in your SaaS procurement process?
• How do you currently determine whether you’re getting a good deal in SaaS procurement and maximizing value for your organization?
• How can technology help optimize SaaS spend? What tools or technologies have you explored—or are considering—to automate SaaS sourcing and cost optimization?
• In your view, what trends will reshape how companies source and manage SaaS solutions over the next five years? How will AI and automation make SaaS procurement more efficient?