Supplier stakes are higher than ever, yet most contract data is locked away in silos. How can you best leverage advanced artificial intelligence (AI) capabilities across procurement operations?

Recently, Travelzoo General Counsel and Head of Global Functions Christina Ciocca and Evisort Chief Marketing Officer Michaela Dempsey joined Procurement Leaders for an interactive discussion on best practices for integrating AI across the procurement and contracting lifecycle.

Travelzoo provides its 30 million members exclusive offers and one-of-a-kind experiences personally reviewed by our deal experts around the globe. The company publishes deals from more than 2,000 travel, entertainment and local companies and partners with over 5,000 top travel suppliers, and as an organization, they operate across 16 offices worldwide.

As the organization matured, the team recognized an opportunity to optimize their contracting and vendor management processes. They also wanted to implement a more strategic and holistic spend management strategy.

To start working toward this goal, the Travelzoo team evaluated and tested Evisort’s AI in real time to see how they could integrate AI-powered technology into their operations. Today, the organization relies on Evisort to identify its largest expenses (IT, marketing, leases, etc.), search for termination provisions, understand and negotiate rights based on contractual data, and strategically manage costs as needed to protect the business.

Tune in to the on-demand webinar to learn more about how the Travelzoo team has reinvigorated and accelerated their legal and procurement processes using Evisort.