London: Tangible Intelligence’s new report reveals how visionary procurement leaders are shifting from cost centres to strategic value creators by embracing AI and focusing on Indirect Spend, overcoming complexity and external pressures to sharpen their organisations’ competitive edge by 2025.
Tangible Intelligence, Inc. has released its inaugural report titled "From Cost Center to Value Creator: How Visionary Procurement Leaders Are Redefining Their Organisation’s Competitive Edge in 2025," focusing on the evolving role of procurement in businesses. The report highlights the growing importance of Indirect Spend, which encompasses essential services such as IT infrastructure and consulting, often overlooked in strategic discussions. According to the company, this shift reflects a broader trend where procurement transitions from merely a cost containment function to a strategic driver of business value.
Robert Reynolds, the company's Founder and CEO, described the report as a “blueprint for procurement leaders,” emphasizing insights drawn from interviews with industry experts. These insights reveal that procurement teams are grappling with increasing internal complexities and external pressures, including geopolitical uncertainty and regulatory challenges.
One of the significant findings of the report notes that a substantial 65% of decision-makers believe that complex systems and processes hinder their ability to adapt swiftly to market demands. Such complexities, the report argues, detract from procurement teams' effectiveness in navigating a landscape marked by rapid change.
The impending role of technology, particularly artificial intelligence, is noted as transformative within this context. As cited in the report, an overwhelming 98% of procurement organisations plan to enhance their capabilities through investments in analytics and automation. Industry leaders express optimism regarding AI's potential to optimise processes, allowing teams to not only automate routine tasks but also improve strategic decision-making.
Supporting this narrative, various analyses from the industry reinforce the significance of AI in modern procurement strategies. A piece from GEP discusses how AI enhances data-driven decision-making and optimizes procurement processes, thereby increasing efficiency and compliance while strengthening supplier relationships. Similarly, an article from MIT Technology Review elaborates on the advancements in AI, including natural language processing and predictive analytics, which are reshaping procurement by improving spending visibility and productivity.
However, the integration of AI is not without its challenges, as indicated by insights from Spendbase, which outline the practical difficulties enterprises encounter while implementing AI solutions. For instance, complex data sets and the need for skilled personnel can create barriers to effective AI utilisation, even as organisations like Pfizer showcase successful applications of the technology to streamline procurement processes.
In summary, the findings from Tangible Intelligence echo a significant shift within procurement, as leaders begin to recognise the strategic value in managing Indirect Spend. This transformation is bolstered by the increasing role of AI as organisations seek to redefine their operations amidst rising complexities and external pressures. As businesses look towards 2025, the capacity to effectively leverage these insights may well dictate their competitive edge moving forward.
Reference Map
- [1] Press Release from Tangible Intelligence
- [2] GEP article on AI in Procurement
- [3] MIT Technology Review on AI's impact on Procurement
- [4] GEP blog on AI and Supply Chain Management
- [5] Spendbase article on AI in Modern Procurement
Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The report was released on June 3, 2025, and is available on PRUnderground. The earliest known publication date of similar content is June 3, 2025. The narrative appears to be original, with no evidence of prior publication. The report is based on a press release, which typically warrants a high freshness score. No discrepancies in figures, dates, or quotes were found. The content has not been republished across low-quality sites or clickbait networks. The article includes updated data and does not recycle older material. No similar content has appeared more than 7 days earlier. The update justifies a higher freshness score but does not require flagging.
Quotes check
Score:
9
Notes:
The direct quote from Robert Reynolds, "This is not just another industry report — it’s a blueprint for procurement leaders," appears to be original, with no identical matches found in earlier material. No variations in wording were noted. No online matches were found for the quote, suggesting it is potentially original or exclusive content.
Source reliability
Score:
7
Notes:
The narrative originates from a press release distributed via PRUnderground, a press release distribution service. PRUnderground is a platform for distributing press releases and may not be considered a traditional news outlet. Tangible Intelligence, Inc. is a private company founded in 2020, specializing in AI-powered transaction management solutions. ([pitchbook.com](https://pitchbook.com/profiles/company/519951-34?utm_source=openai)) The company's website provides information about its services and leadership. ([tangibleintelligence.ai](https://www.tangibleintelligence.ai/?utm_source=openai)) While the company is relatively new, it appears to have a legitimate presence. However, the reliance on a press release distribution service and the company's recent establishment may affect the overall reliability score.
Plausibility check
Score:
8
Notes:
The report discusses the evolving role of procurement, highlighting the growing importance of Indirect Spend and the transformative impact of AI. These themes are consistent with current industry trends and are covered by reputable outlets. For instance, KPMG's 2024 Chief Tax Officer Outlook examines the transformation of tax functions from cost centers to value drivers, emphasizing the role of technology in this shift. ([kpmg.com](https://kpmg.com/us/en/articles/2024/from-cost-center-value-creator.html?utm_source=openai)) The language and tone are consistent with industry reports, and the content includes specific factual anchors such as statistics and direct quotes. No excessive or off-topic details were noted, and the tone is appropriately formal for a corporate report.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative presents original content with no evidence of recycled material. The direct quote from Robert Reynolds appears to be original. While the source originates from a press release distributed via PRUnderground, the company has a legitimate presence and the content aligns with current industry trends. The plausibility of the claims is supported by coverage from reputable outlets. Therefore, the overall assessment is a PASS with high confidence.
