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In this episode of the Transform Now podcast, host Michael Marchuk sits down with Chad Gaydos, CEO of Procurify, to explore how AI is fundamentally shifting procurement from a back-office cost control function into a strategic advantage.
With nearly 30 years of software experience, including 18 years at SAP, Chad breaks down why settling for cost control is a massive missed opportunity. We dive into why simply automating a broken process is a dangerous trap, and how true AI intelligence forces businesses to ask whether a process should exist at all.
In this episode, you will learn:
• Why cost control is the "floor" for procurement, not the ceiling
• The real, unglamorous AI use cases that are driving measurable value today (and the autonomous hype to avoid)
• What the procurement organization of 2030 actually looks like
• The 5 metrics your Board should be tracking instead of raw savings percentages
• How to govern AI so that when the agent makes a mistake, the damage is small
• The #1 capability companies must build in the next 12 months to stay competitive
Whether you're a CFO, CPO, or business leader navigating the AI revolution, this episode delivers a practical, no-hype framework for building a future-ready organization.
Timestamps:
0:00 - Introduction & Chad Gaydos’ background
1:40 - Why cost control is the floor, not the ceiling
3:50 - Real AI value vs. Hype: What actually works today?
6:30 - The trust gap in AI and data validation
8:20 - What procurement looks like in 2030
10:00 - The 5 Board metrics you should track instead of savings
12:30 - How to practically govern AI in procurement
15:00 - Automation vs. Intelligence: Don't encode inefficiencies
18:30 - The #1 capability to build in the next 12 months
20:00 - What the future of AI possibilities excites Chad most
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