Onventis announced an AI-powered Intake and Order Orchestration Agent that automates the procurement process from demand to order, reducing search effort and improving efficiency.

Onventis is the European Source-to-Pay Intelligence. For more than 25 years, Onventis has supported mid-sized enterprises at six locations in making their procurement and finance processes more sovereign. Through its modular SaaS product portfolio, Onventis connects an end-to-end source-to-pay process with a European operating model in a protected data environment. This allows procurement and finance departments to maintain full control over data, costs, and processes in compliance with policies and legal requirements. The agent-based AI platform Onventis Onix supports the efficient and transparent use of AI throughout the entire procurement process. Today, around 1.2 million users from over 1,000 companies with 4.5 million suppliers process an annual transaction volume of 40 billion euros via the Onventis Network. Speaking in figures: From five countries – Germany, the Netherlands, Sweden, France, and Ukraine – around 200 colleagues ensure on a daily basis that approximately 1.2 million users annually handle 20 billion euros in business volume with more than 600k suppliers via the Onventis Suite. Found out how we define soverign procurement: https://www.onventis.com/sovereign-procurement/

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