A Live Look into the Future of Procurement: VENDX Genie in Action
At the 13th Edition of the Procurement Summit in Mumbai, MavenVista took the stage not just to talk about innovation, but to demonstrate it live. With a packed audience of procurement professionals, we showcased the transformative power of VENDX Genie—our AI-powered assistant built for data-driven procurement teams.
Suhrid Shah, CEO of Mavenvista Technologies, opened the session with a sharp insight into the modern procurement challenge:
“The problem isn’t a lack of data. It’s the inability to extract meaningful, timely insights.”
The Challenge: Too Much Data, Too Few Insights
The audience nodded along as Suhrid outlined the core challenges:
- Data scattered across ERPs, spreadsheets, and BI tools
- Teams overwhelmed by dashboards that require technical expertise
- Decisions delayed due to lack of real-time, contextual insights
That set the perfect stage for introducing VENDX Genie—a smart, intuitive assistant built specifically for procurement teams.
When Procurement Met AI—Live
We didn’t just talk about Genie—we let it do the talking.
In front of a packed room, we demonstrated exactly how Genie works through a natural conversation interface, likened to a “Google Search for procurement”
The crowd watched as Genie was asked complex, real-world procurement queries—about vendor performance, rate fluctuations, savings leakage, procurement timelines, and more.
Watch VENDX Genie Live
Watch the live demo to see how Genie answers real-time procurement queries like:
“Who are my top vendors by spend?”
“What’s the weighted average price for this item?”
“Estimate potential savings if purchases of item X had been made at the weighted average price or the lowest price available”
No filters. No clicks. No spreadsheets.
Each answer was backed with real data, visualized smartly, and made actionable—without any complex filtering or manual effort.
It wasn’t just the answers that impressed. It was the context. Genie didn’t just fetch numbers. It made sense of them. It showed vendor-wise splits, historical price trends, potential savings, and so much more.
The room was silent. Then, applause.
Recognized for Innovation
The demo didn’t just capture attention—it won accolades. VENDX was honored with the “Next-Gen Procurement Technology” award at the summit, recognizing its real-time intelligence, ease of use, and transformative impact on enterprise procurement.
Why It Mattered
For every procurement leader in that room, this wasn’t a glimpse into the future. It was a wake-up call that the future is already here.
With Genie, procurement teams can:
- Ditch dashboard overload and get instant answers
- Identify hidden savings opportunities before they vanish
- Understand vendor pricing behavior like never before
Empower their teams with Google-like searchability for procurement data