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July 3, 2025

CPS 230 procurement

CPS 230 Is Here: What It Means for Procurement Professionals in Australia

What Is CPS 230? CPS 230 is APRA’s new Prudential Standard on Operational Risk Management, going into effect on 1 July 2025. It’s a major regulatory shift for all APRA-regulated entities—banks, insurers, and superannuation funds. At its core, CPS 230 requires organisations to proactively manage operational risks, critical operations, and material service providers. It goes […]

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AI trust gap in procurement

The AI Trust Gap: Why Procurement Leaders Are Hesitant to Go Fully Autonomous

AI is transforming procurement—from automating tasks to predicting supplier risks and optimizing sourcing. Yet, despite its potential, many procurement leaders remain cautious about going fully autonomous. The Quantum Leap Survey reveals a significant AI trust gap, uncovering why organizations hesitate and what it takes to confidently bridge the divide between humans and intelligent systems. TL;DR

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Procurement Quantum Leap

The Quantum Leap: How 400+ Procurement Leaders Are Embracing Agentic AI

TL;DR AI is no longer optional in procurement—it’s the catalyst for faster decision-making, cost savings, and risk mitigation. The Quantum Leap Survey reveals 74% of procurement leaders see AI as a priority, yet only 35% have governance frameworks in place. Common barriers include data readiness, trust in AI decisions, and perceived complexity, but high-performing teams

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Zycus Named a LEADER in the IDC MarketScape: Worldwide Source-to-Pay Applications 2025 Vendor Assessment

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IDC Report 2025

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