emirates7 - G42, the Abu Dhabi-based global technology firm, has unveiled a new advanced procurement optimization tool created by its portfolio company, Inception.
The AI-driven platform, called (In)Business Procurement, promises to deliver faster results by cutting sourcing and contract cycles by up to 40%, enabling quicker decisions, and setting a new benchmark for efficiency.
As the first enterprise in Abu Dhabi to introduce AI in procurement and the initial adopter of Inception’s solution, G42 is transforming how organizations handle operational change. Featuring modules for supplier discovery, autonomous sourcing, contract intelligence, and spend analytics, the platform acts as an AI-neutral hub that integrates smoothly with existing systems, turning procurement into a data-centric and agile function.
“Since implementing this solution, we’ve shortened our average turnaround time from three months to just ten days,” said Dr. Asif Ashraf, Vice President of Group Supply Chain at G42. “But beyond speed, it enhances risk management, supplier compliance, and transparency across spending categories. This launch represents a significant advancement in procurement and aligns with the UAE’s vision for embedding AI-native technologies into corporate processes.”
Powered by leading large language models like GPT-4o and Llama, the platform aims to achieve 7–10% cost savings through AI-enhanced sourcing, accelerate supplier discovery by three times, maintain over 90% contract management compliance, and provide procurement leaders with comprehensive visibility and real-time insights. It supports proactive decision-making with built-in conversational AI, supplier scoring, contract search, multilingual capabilities, and risk forecasting.
“This is just one of many AI-native enterprise solutions we plan to roll out,” stated Maria Sanchez, Senior Vice President of Delivery at Inception. “Our mission is to democratize AI across departments — not merely automate tasks but intelligently enhance workflows within a secure, sovereign, cloud-native environment.”
This initiative underscores G42 and Inception’s joint dedication to transforming AI from a vision into foundational infrastructure, as part of their ‘Intelligence Grid’ strategy focused on creating smarter institutions, streamlined operations, and faster economic growth.
The AI-driven platform, called (In)Business Procurement, promises to deliver faster results by cutting sourcing and contract cycles by up to 40%, enabling quicker decisions, and setting a new benchmark for efficiency.
As the first enterprise in Abu Dhabi to introduce AI in procurement and the initial adopter of Inception’s solution, G42 is transforming how organizations handle operational change. Featuring modules for supplier discovery, autonomous sourcing, contract intelligence, and spend analytics, the platform acts as an AI-neutral hub that integrates smoothly with existing systems, turning procurement into a data-centric and agile function.
“Since implementing this solution, we’ve shortened our average turnaround time from three months to just ten days,” said Dr. Asif Ashraf, Vice President of Group Supply Chain at G42. “But beyond speed, it enhances risk management, supplier compliance, and transparency across spending categories. This launch represents a significant advancement in procurement and aligns with the UAE’s vision for embedding AI-native technologies into corporate processes.”
Powered by leading large language models like GPT-4o and Llama, the platform aims to achieve 7–10% cost savings through AI-enhanced sourcing, accelerate supplier discovery by three times, maintain over 90% contract management compliance, and provide procurement leaders with comprehensive visibility and real-time insights. It supports proactive decision-making with built-in conversational AI, supplier scoring, contract search, multilingual capabilities, and risk forecasting.
“This is just one of many AI-native enterprise solutions we plan to roll out,” stated Maria Sanchez, Senior Vice President of Delivery at Inception. “Our mission is to democratize AI across departments — not merely automate tasks but intelligently enhance workflows within a secure, sovereign, cloud-native environment.”
This initiative underscores G42 and Inception’s joint dedication to transforming AI from a vision into foundational infrastructure, as part of their ‘Intelligence Grid’ strategy focused on creating smarter institutions, streamlined operations, and faster economic growth.