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Blog
Bid Ops is now Arkestro
Bid Ops started as an e-sourcing company powered by AI. The AI simulated a sourcing event before it began in order to generate a target outcome. The key benefit of this autonomous “suggested price” approach to strategic sourcing is 2-5x savings impact in days, not...
How to Create High-Intent Purchasing in Procurement
One of the under-appreciated challenges facing procurement today is low-intent purchasing. It’s not something that immediately sets off alarms because it’s not necessarily obvious. It’s something that tends to build up over time. Low-intent purchasing is a factor that...
What is your Procurement Strategy? Value for Finance, Procurement, and Stakeholders
If you’re involved in procurement and procurement strategy, you know Arkestro as the AI-powered, predictive procurement orchestration platform. Arkestro has earned a reputation as a leading solution that will keep its customers ahead of the market in the most...
Arkestro (Formerly Bid Ops) Named a 2021 Gartner® Cool Vendor
As we enter into a new year, Arkestro (formerly Bid Ops)—the pioneer in Predictive Procurement Orchestration platform— has been named as a 2021 Gartner® Cool Vendor in Strategic Sourcing Technology. Here’s everything you need to know about what Gartner researchers see...
How Does Arkestro Compare to Scout RFP (Workday Sourcing)?
Many procurement organizations are undertaking projects to modernize their operations. That’s understandable. Several things have proven to be a potent combination: The never-ending mandate to cut costs with a fast time-to-value A pandemic that saw procurement thrust...
How Arkestro and Workato Can Work Together to Further Automate Your Procurement Workflows
As your procurement team manages various purchase requests, all kinds of issues may arise. Specific line items can fall through the cracks; the wrong suppliers can receive an RFP; someone could add a purchase order to the incorrect location within your ERP system—and...