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Zycus & EY Brought AI-Native Procurement to South Africaย 

Picture of Caroline Lacocque

Caroline Lacocque

Published On: 12/01/2025

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Procurement AI World Tour South Africa

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Last week, ourย Procurement AI World Tourย made its stop inย South Africa, and what an incredible two days it turned out to be.
Fromย Johannesburg on 12 Novemberย toย Cape Town on 13 November, the momentum was unmistakable: procurement in Africaย isnโ€™tย just evolving โ€”ย itโ€™sย accelerating into an AI-powered future.ย 

These sessions wereย hostedย byย EYย as part of theย EY Insights: AI-Powered Procurement Innovationย series. Together, we brought global insights, regional relevance, and bold conversations into one room.ย 

Why South Africa, Why Now

Across Africa, procurement leaders are navigating a storm of global and local disruptionsโ€”from shifting trade policies and energy volatility to new sustainability mandates and digital transformation pressures. At the same time, the regionโ€™s supply chains are being redefined by bold leadership and technology adoption.ย 

South Africaโ€™s procurement leaders, in particular, areย ready to leapfrog legacy thinking.ย The appetite forย AI-native transformationย is not onlyย palpableโ€”itโ€™sย urgent.ย 

The Big Conversation: From Cost to Capability

During our sessions with EYโ€™sย Gloriaย Yekani-Peni,ย Rheinhardt Schulze,ย Jakobย Schleu, andย David Nightingale, we explored howย Chief Procurement Officers (CPOs)ย are evolvingย from cost managers toย chief value officers.ย 

EYโ€™sย 2025 Global CPO Surveyย reinforced this shift:ย 

  • 84%ย of CPOs are investing in process innovation.ย 
  • 81%ย are enhancing technology and analytics.ย 
  • And resilience, sustainability, and compliance now rankย as high as cost and qualityย in strategic importance.ย 

The clear message? Procurement is being reimaginedโ€”not as a back-office function, but as aย value engineย driving enterpriseย growthย .ย 

Zycusโ€™ Message: Beyond S2P to I2O โ€” Intake to Outcomes

At Zycus,ย weโ€™veย long believed that procurement transformation must go beyondย Source-to-Pay (S2P)ย to deliver trueย business outcomes.
Thatโ€™sย why I shared how ourย Merlin Agentic AI platformย helps organizations move from โ€œchaotic intakeโ€ to โ€œcontrolled outcomes.โ€ย 

Whenย 40% of procurement time is lost to intake confusionโ€”โ€œWho approves this?โ€ โ€œWhereโ€™s my PO?โ€โ€”AI-driven orchestration becomes mission-critical.ย 

Ourย Merlin Intakeย acts as aย control tower, automating routing, enforcing policy, and reducing manual effort across sourcing, contracts, supplier management, and invoicing.
Because in procurement, a broken start means broken outcomes.ย 

And when it comes to architecture, we made one thing clear: Built-in beats bolt-on, every time.

Integrationย shouldnโ€™tย be a compromiseโ€”it should be invisible.ย 

A Cross-Industry Community Ready for Transformation

One of the highlights of the South Africa stop was theย diversity of industries representedย across the roundtable discussions.ย 

In Johannesburg, participantsย joinedย fromย Utilities & Energy,ย Banking & Financial Services,ย Retail & Consumer Health,ย Telecommunications,ย Manufacturing & Automotive,ย Transport & Logisticsย andย Consulting & Professional Servicesย 

In Cape Town, the audience included leaders from the Government & Public Sector, Insurance & Financial Services, Retail & Fashion, Healthcare & Pharmaceuticals,ย andย Manufacturing & Industrial Servicesย 

These cross-industry perspectives created a rich environment for benchmarking procurement maturity, comparing transformation journeys, and exploring how AI can address sector-specific prioritiesโ€”from compliance in utilities and banking, to supply continuity in retail, and workforce modernization in the public sector.ย 

What Leaders Said: Themes From the Roundtablesย 

Roundtable discussions and interactive polling surfaced four consistent priorities across industries:ย 

  • AI is operational, not optional.

Leaders want AI embedded into business processes, not sitting on the sidelines.ย 

  • Data readiness is now the differentiator.

Teams recognize thatย data governance, harmonization, and qualityย unlock the full value of AI.ย 

  • Governance and trust matter as much as automation.

Procurement leaders want a transformation that is compliant, transparent, and ethically grounded.ย 

  • Talent must evolve for the AI era.ย 

Tomorrowโ€™s procurement teams will combine:ย 

      • Business strategyย 
      • Analytics and data fluencyย 
      • Commercial thinkingย 
      • AI and digital literacyย 
      • Stakeholder leadershipย 

Procurement transformation requires a new mindset, skillset, and toolsetย allย working together.ย 

Why This Stop Will Stayย Withย Me

The level of engagement, the openness to challenge old assumptions, and the willingness to rethink the procurement role were truly inspiring.ย 

Leaders across sectorsย demonstratedย the ambition to not just modernize, but toย leapfrog legacy models altogether.ย 

This is exactly what the Procurement AI World Tour was created for:

  • Breaking old paradigms
  • Reimagining procurementโ€™s full potential
  • Moving organizations from operational burden to strategic velocity

And South Africa brought that mission to life in full force.ย 

AI-Native Procurement

A Final Thank You

The feedback we received captures the spirit of the experience:ย 

โ€œAn energizing and collaborative environment โ€” thank you for showcasing how AI-native procurement helps organizations move from process chaos to proactive control.โ€ย 

Ourย collaborationย with EY โ€” and the collective curiosity of every attendee โ€” made these sessions truly special.ย 

Whatโ€™s Next

As we continue the Procurement AI World Tour across regions, one truth stands out:ย 

Procurementโ€™s future will be shaped not just by technology, but by the leaders bold enough to rethinkย whatโ€™sย possible.ย 

To everyone who joined us in Johannesburg and Cape Town,ย thank youย for your energy,ย insights, and forward-thinking mindset.ย 

Related Reads:

  1. Smart Cost Control for Procurement Managers: E-Procurement in Action
  2. Europe E-Invoicing Market: A Comprehensive Guide to Trends, Compliance, and Benefits
  3. How AI in Procurement Is Driving Analytics & Automation in the Nordics
  4. Maximizing Procurement ROI in the Nordics: Best Practices for Cost Reduction, Efficiency & Analytics
  5. How Supplier Management Software in the Nordics Enables Onboarding, Performance & Compliance
  6. The 2025 Buyerโ€™s Guide to Procurement Software in Belgium: Trends, Tools, and EU Compliance

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Caroline Lacocque
Caroline Lacocque โ€“ RVP Sales for Benelux, Nordics, Middle East & Africa at Zycus, is based in Amsterdam and has 20 plus years of experience in Software Platform Sales, Business Spend Management, Banking, Business Development, and Digital Treasury Transformation, in Europe, Asia and the US. Prior to joining Zycus, Caroline worked for Coupa, where she led a sales team of subject matter experts in EMEA with a focus on Coupa Pay. At HSBC, in the Global Liquidity and Cash management team where she supported global clients with their treasury, working capital, and payments projects; both roles being based in Amsterdam. Before relocating to the Netherlands, Caroline spent 11 years in Hong Kong where she worked at Standard Chartered Bank, KPMG, and HSBC, and SWIFT. Before that, she worked for SunGard (FIS) in New York. Caroline is Belgian, holds a Masters in Law

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