Raleigh, NC & Sao Paulo, Brazil – November 11, 2024 – In a significant development, Beroe Inc., a frontrunner in AI-based procurement intelligence solutions, has signed a partnership deal with Procurement Garage to scale up procurement intelligence in Latin America.
It combines Beroe’s advanced AI with local market knowledge of Procurement Garage for an optimal data-driven affordability solution to enhance procurement strategies for businesses in the region.
This partnership allows them to tackle the challenges presented by the fast-growing procurement sector in Latin America which has its unique distinct characteristics.
“Latin America is a very dynamic market which has a very transformed procurement sector. This partnership solves that problem, as it provides such localized, strategic intelligence that enables companies to achieve optimal outcomes,”
Said Vel Dhinagaravel, Founder and CEO at Beroe.
Beroe’s global solutions are enhanced by Procurement Garage’s strong competencies in regionally based logistics and supply chain, making these global solutions relevant to Latin American market particulars.
Procurement Garage’s Senior Partner, Leonardo Alexander, said,
“This partnership is a big breakthrough for us. Global knowledge and a regional perspective are required to enable us to provide value to businesses, and we are aiming to be the leaders in the market for procurement solutions.”
The joint offering will include an extensive range of procurement services, which will be offered in the two languages Spanish and Portuguese to facilitate strategic sourcing decisions across key categories of spend.
This will enable Brazil and Latin American companies to enhance procurement efficiency and foster growth and thereby be able to compete more efficiently in the global arena.
The partnership reflects the strategic visions of both firms to combine artificial intelligence as a disruptive tool to devise innovative procurement approaches with a local presence.
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