How Suplari Leverages Machine Learning to Create a Smarter Procurement Process

Based in Seattle, Suplari aims to help enterprises better manage their procurement process by leveraging machine learning to drive cost savings. The startup does this by pulling together a company's spend data from across all its various systems, then running the data through Suplari to surface irregularities and inefficiencies. Per Nikesh Parekh, CEO of the Suplari, the benefits can be wide-ranging, including smarter spending, a reduction in risk, or the ability to drive better compliance.