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The Digital Procurement Revolution: Why Now Is Your Moment to Lead

Manish Vrishaketu
By Manish Vrishaketu
Manish Vrishaketu

Manish Vrishaketu

Chief Customer and Operating Officer

Manish Vrishaketu as Chief Operating Officer, brings over 18 years of extensive payments and fintech experience to the company. Vrishaketu is responsible for establishing and maintaining key banking and payment partnerships, while leading Tipalti’s global customer success, client onboarding, payment operations and support organizations. Most recently, Vrishaketu served as President of Americas at GoSwiff, a leader in mobile payments in emerging markets and prior to that, he was VP of Business Development and Product Strategy at Fiserv (Nasdaq: FISV) leading new market expansion initiatives in business to consumer (B2C) disbursements, bill payment and other electronic payment categories. Before Fiserv, Vrishaketu served as General Manager of CashEdge, a consumer and business payments technology provider to banks, where he introduced leading consumer applications to money movement and risk management and led their India division. During his tenure, the company grew its revenue tenfold, processing over $50B in payment volume annually, before it was acquired by Fiserv.

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Updated October 9, 2025
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Ready to modernize your purchasing process and reduce your AP workload through automation? Let’s dive in.

The most successful procurement leaders and their teams are betting big on digital automation and AI technology and reaping extraordinary rewards. According to Deloitte’s 2025 Global Chief Procurement Officer Survey, procurement professionals who combine strong technology investments with talent development achieve superior performance across all key metrics. These “Digital Masters” represent the top quartile of procurement organizations, and are allocating up to 24% of their budgets to technology—nearly doubling the investment reported in 2023.

For “Digital Masters,” automation and AI create a competitive advantage that transforms their organization from the inside out. Professionals who invest strategically in technology position themselves as true business partners, driving measurable value that extends far beyond cost savings. You, too, can achieve this kind of success by following the blueprint that the most successful procurement leaders are already implementing.

Digital Masters Are Setting the Standard and Raising the Bar

As Deloitte confirms, “Digital Masters” are investing more heavily in technology than their peers and seeing significantly stronger business results that justify every dollar spent. The numbers tell a compelling story: “Digital Masters” achieved an average 2.8x return on their automation and generative AI investments, compared to 1.6x for the less tech-forward groups. This isn’t marginal improvement—it’s transformational performance that creates a lasting competitive advantage.

Digital-first procurement leaders understand something fundamental: the combination of advanced technology and skilled talent creates true value. Deloitte’s research also reveals that these leaders are consistently outperforming their peers across every key procurement performance metric, from cost savings achievement to risk mitigation effectiveness.

What makes this moment even more urgent for procurement leaders is the rapid rise of AI—particularly agentic AI systems that can autonomously analyze and optimize critical workflows. Procurement “Digital Masters” who are harnessing AI aren’t just automating—they’re redefining the role of procurement as a strategic driver of resilience and innovation.

The message is clear: leaders who are willing to invest boldly in the right digital tools and talent development will define the future of the procurement profession.

The Barriers That Hold Teams Back

Despite these proven returns, many procurement leaders and their teams continue to resist automation and AI. Research shows that three key problems are holding back their digital ambitions: issues with data quality and access, lack of clarity over the business case for new digital or AI applications, and difficulty driving adoption of new tools at scale.

The resistance often stems from human factors as well. Research from MIT Sloan Management Review shows that professionals often reject automation tools because they view negotiations as their specialty and worry about being marginalized or even replaced. Additionally, concerns about hidden costs and startup investments create hesitation, even when the long-term ROI is clear.

Legacy systems compound these challenges, as manual processes hinder efficiency, create confusion, and frequently result in a lack of visibility into data, making it difficult for organizations to envision a path forward.

Now Is Your Moment to Seize the Digital Advantage

But this is exactly why now is the time to act decisively and position yourself as a digital leader. Competitive economic conditions demand better digital mastery from every part of your business—and procurement is absolutely central to that transformation. The range of automation tools available today is unprecedented, from intelligent supplier management systems to automated contract processing. Automated procurement platforms are revolutionizing core processes, from streamlining purchase order (PO) creation to providing intelligent category insights that drive better decision-making.

Additionally, AI is no longer experimental—it is agentic, scalable, and capable of elevating procurement beyond efficiency into true foresight. This is the revolution inside the revolution, and waiting on adoption only increases the risk of falling permanently behind more advanced competitors.

Consider this: every day you delay implementing automation and AI is another day your competitors might be gaining ground. The procurement innovators and leaders are already showing what’s possible when you combine strategic technology investments with skilled talent development. The question isn’t whether to automate—it’s how quickly you can transform your procurement function into a strategic powerhouse.

Your Fast Track to Procurement Excellence

Real companies are already achieving remarkable results:

Cybereason: This cybersecurity firm, headquartered in Boston, operated seven offices worldwide and served customers in around 40 countries. With over 800 employees, they faced challenges managing procurement across multiple global subsidiaries. By implementing Tipalti’s procurement automation, Cybereason consolidated its purchasing processes. With Tipalti, Cybereason deployed an intuitive tool that hundreds of users worldwide could manage effectively and achieved a frictionless PR to PO process.

SugarCRM: This award-winning customer relationship management platform had users in 120 countries and faced significant challenges with its manual procurement operations. Tipalti’s procurement automation provided SugarCRM with a unified system that optimized invoice approvals and significantly reduced recurring errors. Automating these processes ensured a consistent flow of data across systems and allowed employees to submit purchase requests with ease.

Plentific: This software company, pioneering real-time property operations, was paying out 200 monthly invoices in 21 countries and was using a manual PO process managed by email. With Tipalti’s procurement automation, Plentific automated their entire procure-to-pay process and implemented robust spend management controls. Procurement automation has been a game-changer for Plentific, allowing them to remove the manual burden from their team so they can focus on adding strategic value to the business.

Your Leadership Moment Has Arrived

The data is compelling, the technology is proven, and the competitive landscape is shifting rapidly. Procurement leaders who act decisively now will define the future of the profession. They’ll be the ones who demonstrate to their C-suite that procurement drives innovation, manages risk, and creates sustainable competitive advantages.

Your moment to lead has arrived. Procurement innovators and leaders understand this urgency—they’re already investing in automation and AI, already transforming their operations, and already seeing the tangible results. The future of procurement is being written today—make sure your name is on it.