New Report Features Exclusive Interviews with Industry Leaders on Key Issues Facing Indirect Spend Teams and What the Future Holds
(PRUnderground) June 3rd, 2025
Tangible Intelligence, Inc., a pioneer in AI-powered transaction management solutions, today unveiled its first annual report — From Cost Center to Value Creator: How Visionary Procurement Leaders Are Redefining Their Organization’s Competitive Edge in 2025.
The report examines the overlooked potential of Indirect Spend and how it enables critical business operations from IT infrastructure to legal and consulting services. Based on research and exclusive interviews with industry leaders, the report examines the growing pressure that procurement teams face from both internal complexity and external disruptions, and how technology, particularly AI, is transforming the function into a strategic powerhouse.
“This is not just another industry report — it’s a blueprint for procurement leaders,” said Robert Reynolds, Founder and CEO of Tangible Intelligence. “Our interviews and research insights show how Indirect Procurement is rapidly evolving from a tactical function to a critical driver of business value,” he added.
Four key takeaways from the report include:
- Internal complexity is overwhelming teams: 65% of decision-makers cite system and process complexity as their primary obstacle to deliver Transactions at the Speed of Business agility.
- External pressures are mounting: Geopolitical uncertainty, tariff volatility, and evolving regulatory requirements create complex and unprecedented challenges for procurement teams.
- Technology adoption and investments are accelerating: 98% of procurement organizations are planning significant investments in analytics and automation. AI is recognized as a critical enabler of expanded capabilities.
- AI is emerging as the definitive game-changer: Leaders across the industry express enthusiasm about AI’s potential to enable organizations to automate routine tasks while enhancing strategic decision-making.
Download the complimentary report at www.tangibleintelligence.ai/sourcingreport.
About Tangible Intelligence
Tangible Intelligence, Inc. modernizes transaction management by replacing paper-based workflows with a fully integrated digital ecosystem. Developed by domain experts, combined with advanced technology and AI, its Intelligent platform streamlines workflows, enhances compliance, and reduces risk. This enables procurement and legal teams to execute transactions more efficiently, accurately, and cost-effectively, while enhancing collaboration with business units and yielding valuable insights. Wherever you are in your digital journey, Tangible Intelligence meets you there, scaling, adapting, and supporting your unique business needs. For more information, visit www.tangibleintelligence.ai.
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Original Press Release.
