![]() SAP is also developing additional use cases in collaboration with customers, with availability planned for the first half of 2024. SAP will also embed Joule, its new generative AI copilot, throughout its cloud solutions, with availability in its spend management software planned for 2024. General availability is planned by the end of 2023. This capability will help jump-start the market analysis process and offer a suggested category strategy for procurement professionals to refine and execute, saving category managers weeks of valuable time and increasing strategy validity. The newly released SAP Ariba Category Management solution will be enhanced with the power of generative AI to help procurement professionals build comprehensive and effective category strategies faster. SAP Continues to Innovate with Generative AI and Its New Copilot Joule The announcements were made at the SAP Spend Connect Live event, the industry’s premier spend management conference, October 9–11 in Vienna. ![]() (PRESS RELEASE) VIENNA, / EuropaWire/ - SAP SE (NYSE: SAP) announced new business AI and user experience innovations in its comprehensive spend management and business network solutions to help customers control costs, mitigate risk and increase productivity. These innovations aim to empower customers with better cost control, risk mitigation, and productivity improvements. ![]() Additionally, SAP Concur solutions now offer Expense Payment Manager, simplifying expense reimbursement in over 25 currencies. (IN BRIEF) SAP has unveiled a series of enhancements to its spend management and business network solutions, incorporating generative AI into category management, introducing the SAP Spend Control Tower with advanced AI features, embedding AI-powered supplier risk assessment, and partnering with Scoutbee GmbH for AI-powered supplier discovery. ![]() SAP Enhances Spend Management Solutions with AI and User Experience Innovations ![]()
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