[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]Date: October 1, 2024
Location: New York, New York
EdgeworthBox, an innovative provider of procurement technology solutions, is proud to announce the launch of Generative-Procurement-as-a-Service. This suite of AI-powered services is designed to transform how organizations handle RFPs, supplier responses, and proposal evaluations, enhancing efficiency, collaboration, and decision-making.
“Our goal has always been to improve the coordination of procurement processes across different groups,” said Chand Sooran, Founder and CEO of EdgeworthBox. “With Generative-Procurement-as-a-Service, we’re bringing the power of Generative AI to procurement, enabling faster, more efficient, and more collaborative decision-making. By combining data, process expertise, and human judgment, EdgeworthBox augments leading-edge Generative AI tools. Offering this as a service enables both buyers and suppliers to streamline tasks typically performed by junior staff, accomplishing the legwork in a fraction of the time and freeing up senior staff resources. Technology alone isn’t enough. EdgeworthBox is built to help the people on the ground execute.”
The Generative-Procurement-as-a-Service offering includes:
- AI-Driven Statement of Work Generation: Enables organizations to draft a comprehensive first statement of work using public sector procurement data, significantly accelerating the RFP creation process.
- Supplier Response Accelerator: Assists suppliers in drafting responses to new RFPs based on their historical submissions, ensuring faster and more consistent responses.
- AI-Assisted Proposal Evaluation: Supports buyers in evaluating and ranking supplier proposals using a tailored “answer key,” enhancing both the speed and accuracy of the decision-making process.
This new offering is the latest step in EdgeworthBox’s mission to redefine procurement through technology and expertise, providing a smarter, data-driven approach to RFP management.
For more information about Generative-Procurement-as-a-Service, visit www.edgeworthbox.com or contact us at sales@edgeworthbox.com.
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