#United States #Foster City #Coupa #BCG #AI Roadshow

Coupa and BCG Launch a Revolutionary AI Roadshow

Coupa, the leading spend management platform, has announced the initiation of a global series titled REAL AI @Work Roadshow in partnership with the Boston Consulting Group (BCG). This event series aims to empower business leaders to transition from merely conceptualizing AI to realizing measurable outcomes from it. The roadshow will cover multiple cities in four countries, focusing on sharing real customer experiences and effective case studies.

In today’s fast-paced business environment, leaders are feeling the heat to adopt AI technologies swiftly and prove their effectiveness. However, a recent study from BCG's annual survey highlights that a mere 36% of employees feel adequately trained to use AI tools. Interestingly, employees equipped with sufficient training report higher confidence levels along with enhanced quality in AI-driven tasks. Hence, this roadshow is a vital initiative to bridge that gap and foster a deeper understanding of AI’s benefits.

The REAL AI @Work Roadshow is primarily centered around showcasing how Coupa’s integrated AI platform can assist organizations in minimizing risks associated with their main suppliers, uncovering autonomous sourcing avenues, realizing cost-saving opportunities, and automating procurement processes like invoice handling and contract management. Attendees can expect a hands-on, practical approach that illustrates how to uncover potential savings and efficiency improvements.

Tricia Miller, SVP of Product Marketing at Coupa, emphasized the significance of this event by stating, "Coupa leverages AI to drive substantial efficiencies and savings across procurement, finance, and IT sectors, with implementations at notable firms such as Uber, Clorox, and Fivetran. This agenda is tailored for executives eager to embark on their AI journey with Coupa's comprehensive spend management platform."

The roadshow will make stops in seven prominent cities:

• - San Francisco on September 12 at Oracle Park
• - Chicago on October 8 at 360 CHICAGO
• - London on October 16 at the Royal Society of Arts
• - Frankfurt on October 30 at the Arena of IoT lab, Deutsche Bank Park
• - Amsterdam on November 11 at Pillows Hotel Maurits at the Park
• - New York City on November 12 at Summit One Vanderbilt
• - Dallas on December 3 at Omni PGA Frisco Resort & Spa

The journey from AI selection to its effective adoption is significantly reliant on how individuals adapt their work behavior to embrace these new methodologies. Tyler Vigen, Managing Director and Partner at BCG, pointed out the importance of investing time and resources into training employees to navigate these new tools. This is particularly crucial for firms seeking to refine their operational processes where capability enhancement and AI value generation must go hand-in-hand.

Each session will not only present strategies to accelerate the realization of AI investments, encompassing everything from trial projects to tangible returns but also highlight automation and workforce transition strategies. Attendees will also hear firsthand accounts from notable figures such as Dennis Fay, VP of Strategic Sourcing at NFI Industries, and Micah Garrison, VP of Supply Chain Management at Patterson-UTI in Dallas, who will share their successes in leveraging AI for enhancements. Moreover, personal experiences will be supplemented with live demonstrations of Coupa's latest AI innovations, including Coupa Navi™, SpendGuard, and Contract Intelligence.

It’s time to move past the initial excitement surrounding AI and embrace its practical application in business operations. For those interested in learning more or registering for this promising roadshow, further information can be found on Coupa’s official platform.

About Coupa

Coupa stands at the forefront of the total spend management landscape, utilizing its extensive, community-driven dataset valued at $8 trillion to provide intelligent AI solutions. Offering a streamlined network that connects over 10 million buyers and suppliers, Coupa automates the procurement process like never before. Join the Coupa community and make your margins multiply through innovative AI-driven strategies.