[Webinar] How AI is Changing Procurement

Hosted by the BidScore founding team on May 15th, 2025

In the recent webinar "How AI is Changing Procurement," Glenn and Chris discussed the transformative impact of AI on procurement, especially in evaluating RFP bids. They highlighted how AI tools like ChatGPT can draft and review procurement documents quickly, saving time and boosting efficiency.

Key points included the need for clear instructions and human oversight to ensure AI accuracy. The webinar addressed common issues such as accuracy errors, hallucinations (where AI generates incorrect information), and data privacy concerns. Using enterprise-grade AI tools and maintaining human checks can help mitigate these risks.

The webinar showcased AI's practical applications, such as drafting RFP sections and evaluating bids against set criteria. These tasks, which once took hours or days, can now be completed in minutes, allowing procurement professionals to focus on more strategic work.

BidScore is the first AI-powered procurement tool that scores supplier bids in minutes, not days or weeks. Designed to supercharge the process, not automate it. To learn more and see how BidScore can enhance your procurement processes, request a free demo today.