MavenVista Wins Best AI Procurement Platform | Procurement Excellence Summit 2026

Описание: MavenVista Technologies won the Best AI-Powered Procurement Intelligence Platform Award at the 17th Procurement Excellence Summit & Awards 2026 in Mumbai.

At this event, organized by UBS Forums, MavenVista showcased an immersive AI experience where procurement leaders interacted directly with VENDX Genie — an AI ecosystem of specialised procurement AI agents and automation tools.

Instead of presenting slides or product videos, the MavenVista team demonstrated an Immersive AI Experience on a touchscreen, allowing procurement leaders to explore how AI works inside real procurement workflows.

More than 250 procurement leaders from 170+ companies attended the summit, including CPOs, VPs of Supply Chain, Heads of Procurement, Finance Leaders, and IT Decision Makers.

The demonstration highlighted how domain-specific AI can transform sourcing, vendor discovery, negotiation strategy, analytics, and invoice reconciliation.

What You’ll See in This Video

• MavenVista winning the Best AI-Powered Procurement Intelligence Platform Award
• The immersive AI demo experience at the MavenVista booth
• Live demonstrations of VENDX Genie AI Avatars
• Procurement leaders interacting with the platform
• AI-driven procurement automation in action
VENDX Genie AI Capabilities Demonstrated

Genie Insight
Spend intelligence, vendor negotiation patterns, BATNA analysis

Genie Discovery
AI-powered supplier discovery with GST verification and vendor qualification

Genie Analytics
Natural language procurement analytics and anomaly detection

Genie Transcribe
Meeting transcription and automatic Minutes of Meeting (MoM)

Genie Articulate
Auto-generated procurement justifications and approval notes

Genie Match
3-way invoice matching (PO–GRN–Invoice) with discrepancy detection
Procurement Automation Demonstrated

Auto RFQ
Automatically generates and floats RFQs based on configurable procurement rules.

Hint / Auto Negotiation
AI-driven negotiation insights based on historical procurement data.

👥 Audience:
250+ Delegates
170+ Companies
CPOs, Procurement Heads, Supply Chain Leaders, Finance & IT Decision Makers