In this article for Enterprise Times, Ian Murphy discusses ORO's recent ISO 42001 certification and ways that increased standards adoption will raise the bar for AI and potentially accelerate progress toward the 'Plateau of Productivity.' https://hubs.ly/Q02Hr4sH0 #GenAI #Procurement #ResponsibleAI #ISO42001
ORO Labs
Software Development
Palo Alto, California 16,003 followers
ORO makes procurement incredibly easy and efficient for employees
About us
ORO makes procurement incredibly easy and efficient for employees. #MakeProcurementAwesome
- Website
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https://www.orolabs.ai/
External link for ORO Labs
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Palo Alto, California
- Type
- Privately Held
- Founded
- 2020
Locations
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Primary
Palo Alto, California 94020, US
Employees at ORO Labs
Updates
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Today, we're excited to share that Dharani Jeyaprakasam (DJ) has joined the ORO Labs team as Principal Solution Design Architect. With over 20 years of experience in procurement, DJ joins ORO from IBM, where she served as a procurement transformation leader. In this role, she successfully identified process bottlenecks, simplified workflows and had used RPA and process mining to deliver business value and customer satisfaction. DJ's mission as a leader is to transform the life of a buyer and business user by optimizing S2P workflows, leveraging data and technology, and empowering procurement teams and stakeholders. In her new role, DJ will engage and advise customers on transforming the procurement experience and help guide ORO's mission to humanize procurement for all. Welcome to the team, DJ! 🎉 #LifeAtORO #MakeProcurementAwesome #Procurement
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In a new white paper from ProcureTech, procurement leaders share best practices for successful #ProcurementOrchestration. Specific topics covered include: 🔸 Approaches to procurement orchestration design and governance guardrails 🔸 Building organizational cultures, roles and change management 🔸 Data, technology and AI considerations for procurement orchestration Download the white paper for free from ProcureTech here: https://hubs.li/Q02H8PX60 #Procurement #GenAI #MakeProcurementAwesome
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Yesterday we announced that ORO Labs is first in the world to earn an accredited ISO 42001 certification for its AI Management System (AIMS). But what does that mean? And why does it matter for procurement? In this blog post, Timothy Harfield explores the new standard, explains the certification process, and describes practical implications for procurement professionals. https://hubs.li/Q02G-R9c0 #AI #ResponsibleAI #Procurement Mastermind Geels Norton
What is ISO 42001 and why does it matter for procurement?
blog.orolabs.ai
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ORO Labs is first in the world to earn an accredited ISO 42001 certification for AI Systems Management! Trust is essential to AI adoption and impact. This achievement is consistent with our mission to humanize the procurement experience with AI. Procurement departments at global companies are eager to explore the use of AI, and have a responsibility to ensure the highest level of data governance. This new standard will help procurement departments to make sound investment decisions while also holding the broader tech community accountable for upholding best practices for responsible AI. Thank you to Geels Norton and Mastermind for their rigorous and exemplary evaluation process. https://hubs.li/Q02GQcB20 #ResponsibleAI #GenAI #AIGovernance
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Spend Matters recently asked us two questions: (1) What market gap was ORO Labs designed to fill, and (2) Why do organizations need another layer of tech? Our answer to both: to humanize the procurement experience through a relentless drive to meet the needs and expectations of business users. https://hubs.li/Q02GBh7M0 #Procurement #ProcurementOrchestration #MakeProcurementAwesome
Intake and Orchestration in Procurement: ORO Labs defines their role
https://spendmatters.com
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Only about 30% of procurement requests involve catalog purchases. For those, the process is generally simple, linear, and self-service. But what about the other 70%? ORO is a GenAI procurement platform that orchestrates teams, systems, and processes so employees get exactly what they need without frustration ... regardless of process complexity. Want to learn more about how ORO is helping global enterprises to decrease cycle times, improve compliance, and stay agile in response to change? Schedule a demo today. https://hubs.li/Q02Gf8x-0 #GenAI #Procurement #ProcurementOrchestration
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By prioritizing user experience, optimizing category strategies, enabling self-service, and navigating buying channels effectively, procurement organizations can unlock new opportunities for growth and innovation. Strong insights from a recent SIG webinar in which ORO Labs co-founder Lalitha Rajagopalan joined SIG|ORG CEO Dawn Tiura to discuss transforming procurement through orchestration. Click the link to read a summary and to watch the full conversation. https://hubs.li/Q02G4jm_0 #Procurement #DigitalTransformation #UserExperience #ProcurementOrchestration
Taking Sourcing to the Next Level with Procurement Orchestration
blog.orolabs.ai
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We're excited to have partnered with CPOstrategy on this AI in Procurement Playbook! The Playbook is a journey through the challenges and opportunities of implementing AI in procurement, providing actionable advice and insights to apply in your organization. The Playbook covers five crucial topics in the field of AI in procurement: 🔸 Creating Strong AI Infrastructure for Long-Term Strategy 🔸 Up-skilling Procurement Teams through Technological Integration 🔸 Procurement Process Optimization via Transformative Applications 🔸 Enhancing Supplier Collaboration and Relationship Management 🔸 Building Resilient and Ethical Procurement Practices with AI Download the playbook for FREE today >> https://hubs.li/Q02FW6pM0 #AI #Procurement #GenAI
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The year's half over! In this article for Supply & Demand Chain Executive ORO CEO Sudhir Bhojwani identifies three major trends that defined the first half of the year, and that are likely to persist well into 2025: 🔸 Widespread adoption of Orchestration tools - In the face of budgetary constraints, organizations are looking to increase productivity while extracting as much value as possible from existing tech investments. 🔸 GenAI Realism - Early enthusiasm and experimentation are giving way to more tempered thinking about GenAI. Companies are looking beyond chatbots and toward delivering effortless back office experiences. 🔸 Addressing talent shortages - Organizations are looking to expedite employee onboarding while retaining their existing workforce. They are increasingly focused on meeting employee demands for business experiences that mirror those of consumers. https://hubs.li/Q02FC3d20 #GenAI #Procurement #ProcureTech #Orchestration