Procurify Launches AI Agents to Automate Mid-Market Procurement

The push comes as generative AI adoption in procurement accelerates. A PYMNTS Intelligence report found that about 73% of enterprises are using or considering generative AI for procurement. Among firms with $10 billion or more in revenue, 14% use the technology and 71% consider it. At firms with $1 billion to $5 billion, 33% use it and 39% consider it, the report said.

Procurify CEO Chad Gaydos said the company is not layering AI features on top of software. "We're using each organization's own spend data to provide personalized context and take action across their intake-to-pay journey," he said. "When your procurement platform knows how you buy, your finance and procurement teams stop managing the process and start multiplying their impact."