Hyderabad, India – September 10, 2025 – Powerweave, a global leader in digital transformation and AI-powered procurement innovation, today announced that its flagship solution ewiz procure has been awarded the Best Procurement Transformation Award at the 15th Procurement Excellence Summit & Awards 2025, held at The Westin Mindspace, Hyderabad.
The Procurement Excellence Summit, hosted by UBS Forums, recognized enterprises that are driving measurable impact through procurement automation, AI adoption, and digital transformation. Alongside Powerweave, industry leaders such as PepsiCo, Novartis, Cognizant, and Amara Raja were also honored, underscoring the credibility and caliber of this recognition.
“Winning this award is a proud moment for our entire team. It validates our belief that procurement transformation must be modular, practical, and outcome-driven,” said Deepak Gawas, AVP – Marketeting at Powerweave. “With ewiz procure, we are helping enterprises move beyond fragmented systems and manual workflows into a future where practical AI is at the center, enabling faster decisions, deeper visibility, and sustainable impact.”
AI-Powered Procurement Driving Transformation
The recognition comes at a time when AI is redefining procurement as a strategic enabler, not just an operational function. ewiz procure’s AI-powered modules, ranging from automated eTendering and supplier risk prediction to predictive spend analytics and contract risk detection, are helping enterprises achieve:
- 8–12% cost savings through smarter sourcing and tail-spend control
- 30% faster procurement cycles enabled by automated eTendering and touchless workflows
- 27% lower process costs by reducing manual inefficiencies
- 25% improvement in supplier performance with AI-driven onboarding and compliance tracking
What differentiates the solution is how seamlessly it integrates with ERP ecosystems like SAP, Oracle, and Coupa, allowing enterprises to scale transformation without disruption.
Building on 25+ Years of Digital Transformation Leadership
Powerweave is a global leader in digital transformation, eCommerce, and procurement innovation. Its platforms—ewiz procure, ewiz commerce, SnowKap, and TreeTies—are trusted by over 975 global clients, including Fortune 500 companies, to accelerate transformation and deliver measurable ROI.
With a team of 2,000+ professionals across four continents, Powerweave combines advanced technology with a unique “software + managed service” model, enabling enterprises in FMCG, F&B, construction, manufacturing, and government to achieve procurement savings, spend visibility, and sustainability impact.
About the Procurement Excellence Summit & Awards
Hosted by UBS Forums, the Procurement Excellence Summit & Awards is one of India’s most respected platforms for recognizing innovation and leadership in procurement. The 2025 edition brought together senior procurement leaders, CFOs, and transformation experts to share insights on resilience, AI adoption, and sustainable procurement practices.
