Procurement tech provider SpendHQ today said it has acquired an Illinois firm called Sligo AI in a move to deliver configurable agentic artificial intelligence (AI) capabilities in enterprise procurement.Atlanta-based SpendHQ, which says it offers enterprise spend intelligence and procurement performance management, said the new approach could enable systems that can do more than just generate insights, and actually execute work across entire procurement workflows.That capability is needed because procurement teams are under pressure to deliver cost savings, supply chain resilience, ESG compliance, and risk reduction simultaneously, with leaner teams and less time, the firm said. Yet until now, AI adoption has stalled inside large enterprises because companies can’t use AI at scale if their data is unreliable or if deployment models can’t meet enterprise security and compliance requirements.Sligo AI can solve that challenge because its infrastructure allows AI systems to be deployed in ways that align with a company’s existing security, compliance, and technical requirements, the company said. Its platform connects directly to enterprise tools such as ERP systems, procurement platforms, contract management systems, and data warehouses. It can generate structured outputs like sourcing strategies, supplier evaluations, and contract analyses, work that typically requires significant manual effort.”The real problem in enterprise procurement has always been complexity with data, systems, and how organizations operate across both,” said Tom Beaty, founder & chairman, SpendHQ. “What this brings together is the ability for organizations, particularly those in highly regulated industries, like financial services, healthcare, defense, and critical infrastructure, to run AI in a…
