Procurement software, or "Procuretech", is a game changer. A key enabler and driver of rapid change in the profession. Want to find out how to significantly improve your operational efficiency and enable more to be done with fewer resources?
This show is for Procurement, Purchasing, Supply Chain and Finance professionals, as well as C-Suite executives. We showcase all the best new software and bring you the latest trends and thought leadership from both myself and other industry leaders. We'll show you how technology can drive a competitive advantage.
Show notes and further info available at:
https://entproc.com/podcast
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https://www.linkedin.com/company/entproc
Connect with me at:
https://linkedin.com/in/james-meads/
Book an intro call here:
https://calendly.com/jamesmeads/30minscall
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Budgeting Season Meets AI Sprawl - Justin Etkin and Michael Shields from Tropic
Saison 6 · Épisode 17
jeudi 27 août 2026 • Durée 40:06
EPISODE SUMMARY:
Tropic co-founder Justin Etkin (newly appointed CEO) and Head of Procurement Michael Shields join James to unpack how AI is upending traditional software buying. They explain why AI-native spend is growing 82 to 127% year-over-year while overall software spend is only up about 20%, and why consumption-based pricing makes the old seat-based approval playbook useless. The conversation covers Tropic's shift from a services business into a data-driven intelligence platform, the launch of its new AI Consumption Management product, and why 2027 budget season will be far less forgiving of AI overspend than 2026 was. For procurement leaders heading into planning season, it's a practical look at where the real risk, and opportunity, now sits.
GUEST BIOS:
Justin Etkin co-founded Tropic in 2019 as COO alongside David Campbell, and was named CEO in August 2026 as the company shifted from a services-led procurement business into a proprietary data and AI intelligence platform. Before Tropic, he worked at Bain. Today Tropic manages over $23 billion in software spend and has delivered $425 million in customer savings, drawing on intelligence from more than 100,000 completed negotiations.
Michael Shields is Head of Procurement & Strategy at Tropic, where he runs procurement for the company that sells procurement software. He built the procurement function from the ground up at Qualtrics, later led procurement at MX, and began his career at Honeywell. He's also taught supply chain management as an adjunct professor at Brigham Young University and is a well-known voice on LinkedIn for making procurement's business value accessible.
KEY TAKEAWAYS:
Why running procurement inside a procurement-software company exposes the "reputation problem" the function has, and how data and supplier intelligence is now table stakes, not a nice-to-have.
Why AI-native software spend is growing 82 to 127% year-over-year (versus about 20% for software overall), and why that gap comes down to procurement not being in the room early enough.
Why consumption-based (token/usage) pricing breaks the old seat-based approval process, and what teams need instead: real-time alerting, commit-vs-actual visibility, and leverage to renegotiate before overages hit.
Why 2026's "experimentation pass" on AI budget overruns won't repeat in 2027, since CFOs will expect hard caps and much tighter forecasting.
Why market intelligence and benchmarking data, not just workflow or process tools, are becoming the real differentiator procurement teams need to prove their value to finance.
Why ignoring mid-tail and long-tail vendor spend, not just the biggest "fathead" contracts, is where the hidden risk and savings are piling up.
TIMESTAMPS:
[00:02] Guest Introductions: From COO to CEO, and Running Procurement for a Procurement Company
[04:25] Tropic's Evolution: From Services Business to Proprietary Data and AI Intelligence Platform
[09:20] Why AI-Native Spend Is Outpacing Traditional Software (82 to 127% YoY Growth)
[20:00] Inside AI Consumption Management: Tackling Runaway, Usage-Based Spend
[24:28] Why Market Intelligence Is Becoming Table Stakes for Procurement Teams
[37:19] Usage-Based Pricing's Future, and Where to Learn More About Tropic
Construction Procurement and its Black Box - Eshan Jayamanne from Krane
Saison 6 · Épisode 16
jeudi 30 juillet 2026 • Durée 39:08
EPISODE SUMMARY
Eshan Jayamanne is the founder and CEO of Krane, an AI-native procurement and material management platform built specifically for construction.
In this episode, he explains why 95% of construction procurement is still run on spreadsheets and email, how that gap costs projects time and money, and why general ERPs and project management tools like Procore or Autodesk were never built to solve it. James and Eshan dig into how Krane's AI agents handle the "grunt work" of tracking bids, materials, and lead times while keeping humans firmly in the decision-making loop. It's a sharp look at how AI is starting to change one of construction's most overlooked cost centres.
GUEST BIO
Eshan Jayamanne is the Founder and CEO of Krane, an AI-powered construction supply chain platform. He combines deep construction industry expertise with a background in engineering, analytics, and technology. Before founding Krane in 2023, he worked on major projects for organisations including Microsoft, Chevron, UCSF, and Caltrans, focused on productivity, supply chain optimisation, and lean construction, experience that exposed the industry's persistent procurement and coordination gaps.
KEY TAKEAWAYS
Why 95% of construction procurement teams, even on billion-dollar projects, are still coordinating materials through spreadsheets and email
How a single overlooked lead-time change on a procurement log can quietly derail a construction schedule
Why general ERPs and construction platforms like Procore and Autodesk solve upstream design coordination but not downstream procurement risk
How Krane's AI agents (like Milo for reading specs and Chase for supplier follow-up) remove admin work while keeping vendor selection decisions with humans
Why building a "data moat" from project to project is becoming a competitive advantage in construction procurement
Chemicals & Raw Materials: Why it breaks S2P Suites - Dheev Arulmani from Valdera
Saison 6 · Épisode 15
jeudi 25 juin 2026 • Durée 38:57
EPISODE SUMMARY
Dheev Arulmani, COO and co-founder of Valdera, joins James to unpack one of procurement tech's most underserved areas: chemicals and raw materials sourcing. He explains why this $6 trillion, hyper-fragmented category breaks generic source-to-pay suites, and how Valdera's verticalised, AI-native approach handles infinite spec permutations, regulation and supplier data. Essential listening for direct materials buyers and anyone weighing up whether to choose a horizontal suite over a specialist platform.
GUEST BIO
Dheev Arulmani is co-founder and COO of Valdera, the AI-native sourcing platform for chemicals and raw materials he launched in 2021 with his sister Sruti. Previously an Engagement Manager at McKinsey in its chemicals and agriculture practice, he led supply chain and procurement transformations for large manufacturers. He holds a BS in Chemical Engineering and Economics from MIT and earlier worked in electrochemistry research and venture investing.
KEY TAKEAWAYS
Why chemicals can't be sourced like finished goods, infinite spec permutations demand purpose-built data infrastructure
How verticalised platforms beat one-size-fits-all suites for complex categories
How storytelling across stakeholders unlocks procurement's real value
TIMESTAMPS
[00:02] Meet Dheev and Valdera
[05:11] The upstream data problem
[07:19] Where legacy suites fall down
[32:55] Key skills that direct procurement teams need
[34:15] The future of source-to-pay suites
Tracking POs, amendments & deliveries for SMEs - Andrew Stroup from Leverage
Saison 6 · Épisode 14
jeudi 28 mai 2026 • Durée 40:09
EPISODE SUMMARY:
In this episode of The Procurement Software Podcast, host James Meads welcomes Andrew Stroup, co-founder and CEO of Leverage AI, to discuss the massive inefficiency hiding in how procurement teams manage purchase orders and track supplier visibility.
After leading Project N95, the national clearinghouse for PPE during COVID, Andrew identified a critical gap: supply chains still run on email and spreadsheets, and most SMEs and mid-market manufacturers can't force suppliers to sign up and use their new platforms. Leverage AI solves this by meeting suppliers where they already are, integrating directly with ERPs to automate PO workflows without the friction of custom portals.
For procurement leaders managing thousands of supplier relationships, this conversation cuts through the hype around AI and shows what actually works.
GUEST BIO:
Andrew Stroup is co-founder and CEO of Leverage AI, a supply chain visibility platform for mid-market manufacturers and distributors. He brings an unconventional background: aerospace engineer, Pentagon advisor, White House Fellow under the Obama administration, and operations leader across cybersecurity and robotics.
During COVID, Andrew built and scaled Project N95 to 250 people in three months, serving as the national nonprofit clearinghouse connecting healthcare providers with vetted PPE suppliers. This mission-critical experience shaped his understanding of supplier management at scale.
KEY TAKEAWAYS:
Why meeting suppliers where they are matters more than forcing new logins: SMEs typically have little leverage with 80% of their supply base, so solutions must operate via email (the lowest-friction communication layer) rather than requiring suppliers to adopt portals they'll never prioritise.
Behind the Scenes of Scaling Internationally - Malin Schmidt from Kodiak Hub
Saison 6 · Épisode 13
jeudi 30 avril 2026 • Durée 36:34
In this episode of The Procurement Software Podcast, James Meads welcomes Malin Schmidt, founder and CEO of Kodiak Hub, to discuss what it really takes to build a world-class SRM platform from the ground up.
Malin brings an engineering and operations background to a space most founders enter from procurement itself, and that outside perspective has shaped everything from how Kodiak Hub's product is architected to how the company is run. This episode covers the full arc: from a niche supplier rating tool to a global execution platform, navigating the messy middle of scaling a SaaS company, and why the business case for SRM is finally getting easier to make.
A wide-ranging conversation with a lot of hard-won founder insight, well worth your time whether you're building a procurement tech company or buying one.
You'll learn why geopolitical disruption has shifted the SRM conversation from nice-to-have to business-critical, and how Kodiak Hub is helping procurement teams become truly AI-native.
Key Takeaways:
Why SRM only delivers real value when the stakes are high, specifically in direct material and manufacturing environments, where supplier performance directly hits operations
How Kodiak Hub shifted its business case framing from ROI to cost of inaction, and why that resonates more with CFOs and CPOs in today's risk environment
What the "land and expand" model looks like in practice: starting with operational risk management and moving customers toward strategic, top-line value over time
Why recruiting operators over C-suite titles is the right call at the growth stage, and how that shapes leadership decisions at around 100 employees
What Sweden's structural advantages (small domestic market, high tech adoption, institutional trust, social safety net) have to do with its outsized output of scalable tech companies
Why the human touch in customer success is becoming more important as AI adoption accelerates, not less
Stay in touch!
Why Predictive Intelligence beats Spend Analytics - Jeff Gerber from Suplari
Saison 6 · Épisode 12
jeudi 26 mars 2026 • Durée 38:37
In this episode of The Procurement Software Podcast, James Meads speaks with Jeff Gerber, CEO of Suplari, about the evolution from traditional spend analytics to AI-powered spend intelligence. The conversation explores how procurement teams can move beyond static dashboards and begin leveraging predictive insights and autonomous agents to drive better decision-making.
Can AI-Powered Spend Intelligence Transform Procurement?
Jeff shares the story behind Suplari’s journey—from startup to Microsoft acquisition and back to independence—highlighting how an AI-native foundation has enabled faster innovation. The discussion focuses on how modern platforms are shifting from reporting on past spend to actively identifying opportunities and recommending actions in real time.
A key theme is the growing role of AI agents in automating complex procurement tasks, from managing tail spend to improving data quality and accelerating category strategy development. The episode also tackles common challenges such as poor data and limited internal resources, showing how AI can unlock value even without perfect inputs.
There is also a strong emphasis on usability, with conversational interfaces and prompt libraries helping users engage with AI more effectively, regardless of technical expertise.
Key insights include:
Why spend intelligence must go beyond dashboards to drive action
How AI agents can continuously monitor and optimise tail spend
The reality of working with imperfect data, and how AI improves it
How prompt-driven interfaces accelerate user adoption
Why AI enables faster, more effective category strategy development
Whether you are exploring AI in procurement or looking to enhance existing analytics capabilities, this episode offers a practical view of what’s possible today, and what’s coming next.
Can Free Software Outperform Existing Tools? - Tom Ruello from SpendHound
Saison 6 · Épisode 11
jeudi 26 février 2026 • Durée 34:06
In this episode of the Procurement Software Podcast, James Meads explores the rise of free B2B procurement software and what it really means for buyers. Joined by Tom Ruello, VP of Sales at SpendHound, the conversation unpacks how removing the price barrier can accelerate adoption—without compromising value.
Can Free SaaS Management Software Beat Existing Tools?
Tom explains how SpendHound’s model works: offering a genuinely free SaaS management and benchmarking platform, monetised through aggregated, de-identified market data. The discussion tackles common procurement concerns—data privacy, commercial viability, and long-term product development—while highlighting the importance of transparency and a sustainable business model.
Key insights include:
Why free tools can outperform paid alternatives in mid-market and enterprise environments
The pros and cons of data-driven monetisation models
How benchmarking and AI-driven insights are transforming software renewals
What procurement teams should ask vendors before committing
Why time savings can be just as valuable as cost savings
Whether you’re budget-constrained or simply exploring smarter ways to manage SaaS spend, this episode provides a balanced view of risk, reward and opportunity.
Timestamps:
[00:00:01] Introduction to free B2B procurement software.
[00:03:09] The origin of SpendHound’s free model.
[00:08:08] Monetisation through aggregated data.
[00:17:41] Mid-market vs enterprise adoption.
The Pulse of the Mid-Market - Mike Cargiulo from MJC Sourcing
Saison 6 · Épisode 10
mercredi 28 janvier 2026 • Durée 31:34
In this episode of The Procurement Software Podcast, James Meads welcomes Mike Cargiulo, founder of MJC Sourcing, for a conversation that challenges the tech-first narrative in procurement transformation.
Mike shares how MJC Sourcing supports mid-market organisations with hands-on, execution-focused procurement expertise. Rather than leading with slide decks, Mike and his team roll up their sleeves — delivering rapid results in complex sourcing, stakeholder engagement, and supplier negotiations. With a focus on flexible, expert resourcing, his firm fills capability gaps where internal headcount is stretched thin.
Can Lean Procurement Teams Really Outperform the Big Players?
We explore how smaller, agile procurement teams — armed with the right mindset, strong processes, and modern tools — can deliver more value per head than traditional enterprise setups. Mike also shares why he believes process and people come before tech, and how AI is supercharging productivity without replacing human judgement.
Also discussed in this episode:
How to build procurement credibility in organisations with limited influence
Why bringing in A-players beats training average hires
The hidden risk of relying solely on internal category experts
How AI is helping sourcing professionals manage increasing workloads
Why agility and flexible talent are essential to future-proofing procurement
A compelling conversation on transforming procurement through smart resourcing, sharp execution, and a realistic view of technology’s role.
Timestamps:
[00:01:09] Why MJC Sourcing was founded.
AI, People, Change, and Mindset - Gregory Vider and Markus Sinz from apadua
Saison 6 · Épisode 9
vendredi 19 décembre 2025 • Durée 41:48
In this episode of The Procurement Software Podcast, James Meads is joined by Gregory Vider and Markus Sinz, co-founders of apadua, recorded live at their Indirect Procurement Days event near Frankfurt, Germany.
Drawing on their backgrounds as procurement practitioners and founders, Gregory and Markus share a grounded, thoughtful perspective on what AI really means for procurement. Rather than hype or job-replacement narratives, the discussion focuses on AI as an enabler that amplifies human capability, improves decision-making, and removes low-value administrative work.
AI, People, Mindset, and Skills: Why they all matter
The conversation explores apadua’s journey from a conventional sourcing platform to rebuilding an AI-native product from scratch, driven by deep user research rather than surface-level feature injection. James and the apadua team unpack why “human in the loop” remains critical, how procurement roles may shift towards more generalist and strategic profiles, and why differentiation in an AI-first world will come from people, not models.
Also discussed in this episode:
How to tell real AI capability from marketing noise
Why procurement adoption of AI will be gradual, not sudden
The future size and shape of procurement teams
Why apadua pursued ISO 27001 and what buyers should ask about cybersecurity
A reflective, pragmatic conversation on the future of procurement in an AI-enabled world.
Timestamps:
[00:00] Podcast introduction and episode setup
[01:05] Final episode of 2025 and IPD event context
Revolutionising Supplier Performance Data - Matthew Spencer from FlockScore
Saison 6 · Épisode 8
jeudi 20 novembre 2025 • Durée 36:09
In this episode of The Procurement Software Podcast, James Meads welcomes Matthew Spencer, procurement veteran and founder of FlockScore, a newly launched startup rethinking how supplier performance is captured and shared across industrial supply chains.
Matthew brings a rare perspective as a procurement practitioner-turned-founder, having led SRM and sustainability at Bekaert Group before identifying a critical market gap: supplier scorecards were siloed, static, and lacked ecosystem-level insight. FlockScore aims to change that, offering a collaborative, AI-powered model for tracking supplier performance.
Can we really crowdsource Supplier Performance Data?
We unpack how FlockScore’s “open contribute-to-access” model lets procurement teams upload anonymised supplier performance data in exchange for aggregated, comparative insights. Matthew explains how AI agents enrich these insights by scanning public sources for issues like recalls, shutdowns, or delivery disruptions, without exposing contributor identity.
Also discussed in this episode:
Why supplier performance often takes a backseat to compliance and innovation
The limits of traditional scorecards and why category-specific metrics matter
How FlockScore enhances, not replaces existing SRM and S2P systems
Why soft supplier feedback from stakeholders should be part of every scorecard
What makes FlockScore different from review platforms and peer benchmarking
A fascinating deep dive into how collective intelligence and AI are reshaping supplier evaluation, built for procurement, by procurement.
Timestamps:
[00:01] Intro to Matthew Spencer, FlockScore
[01:14] Matthew’s background
[02:18] FlockScore analogy
Stay in touch!
Podcasts Similaires Basées sur le Contenu
Découvrez des podcasts liées à The Procurement Software Podcast. Explorez des podcasts avec des thèmes, sujets, et formats similaires. Ces similarités sont calculées grâce à des données tangibles, pas d'extrapolations !
How plugging into ERPs as a boundary layer beats building standalone platforms: ERPs are your system of record. Leverage AI sits as middleware between your internal workflows and external suppliers, enriching data without ripping-and-replacing, which is why it actually gets adopted.
Why AI works best in the invisible layers, not the interface: The real value of agentic workflows is automating data collection, email processing, and research, leaving humans to make decisions with perfect information rather than replacing human judgment entirely.
How supplier scorecards powered by real-time data change negotiations forever: Live performance metrics (on-time delivery, change requests, cost trends, benchmark comparisons) give you fact-based leverage in supplier conversations instead of gut feeling or quarterly surveys.
Why surfacing hidden errors is a feature, not a bug: Customers often see more problems when they first implement visibility, but those are mistakes that have been costing them cash for years. The software finally makes them visible.
How procurement elevates from order-taker to strategic adviser: When AI handles PO admin, your team moves from data entry to supplier negotiations, working on relationships and alternative sourcing. That's the work that actually moves the needle on cost and risk.
TIMESTAMPS:
[00:03] Andrew's Background: From Aerospace Engineer to Supply Chain Problem-Solver
[03:15] Project N95 and the Light Bulb Moment: Why Supply Chain Visibility Became Mission-Critical
[06:41] Why Email Still Wins: The Friction Problem in Enterprise Adoption
[13:58] The Dirty Jobs Approach: Why PO Management Is the Wedge to Solve
[22:14] How AI Actually Works in Leverage AI: Automating Data, Not Decisions
[31:06] Industry Profile and ICP: Who Uses Leverage AI and Why It Works
[32:33] Customer Surprises: Time Savings, Scorecards, and Hidden Errors
[37:06] The Future of Procurement in 2030 and Beyond
