Powerweave’s ewiz procure Wins Excellence Award at The 8th NXTGEN ProcureConnect 2025

Neha B AwardBENGALURU, December 8, 2025: Powerweave modular procurement solution, ewiz procure, was awarded the Excellence in Procurement Process Optimization Award at the 8th NXTGEN ProcureConnect Confex & Awards 2025, hosted by Gainskills in Bengaluru.

The award recognizes ewiz procure’s practical, execution-focused approach to procurement transformation, enabling enterprises to improve process efficiency and governance without replacing their existing ERP systems.

As part of the event agenda, Neha Bhujbal, Product Manager at Powerweave, delivered a session on Procurement’s AI Maturity Curve, highlighting the gap between perceived digital readiness and on-ground operational reality across Indian enterprises. 

The framework provided a structured view of how organizations can adopt AI in procurement through phased, measurable initiatives rather than large-scale, high-risk transformations.

During the session, Neha shared industry data indicating that while 72% of procurement teams cite volatility as their primary risk, more than half of enterprises classify less than 60% of their total spend. Manual RFQ processes were shown to add up to 45% additional cycle time, directly impacting speed, compliance, and cost outcomes.

“Many organizations appear digitally mature at a surface level,” said Neha Bhujbal. “However, inconsistent data, fragmented processes, and limited spend visibility continue to restrict the impact of automation and AI. Addressing these foundations is critical before advanced intelligence can deliver value.”

The competitive landscape at the event featured multiple technology providers showcasing AI-enabled procurement capabilities, including contract intelligence platforms, agent-based tools, and copilot solutions integrated with leading ERPs such as SAP Ariba, Oracle, and Coupa

While several vendors emphasized advanced AI features, ewiz procure’s presentation focused on execution readiness and sequencing, addressing how organizations can begin AI adoption even when data maturity is low.

The AI Maturity Curve: A 12-month roadmap enterprises can execute

Neha’s framework broke down AI adoption into executable phases:

Stage 1: Visibility — Fix the foundation by cleaning supplier master data, classifying spend, and bringing tail spend under control. You cannot optimize what you cannot see.

Stage 2: Automation — Eliminate manual work through automated RFQs, digitized workflows, and system integrations that compress cycle times and remove errors.

Stage 3: Intelligence — Enable better decisions with contract intelligence, negotiation support, and AI-powered sourcing strategies that move teams from reactive to strategic.

Stage 4: Predictive Procurement — Get early warnings through predictive analytics that flag risks before they materialize and surface opportunities competitors miss for months.

Each stage included case studies showcasing real-world implementations, making it easy for buyers to identify their current position and what comes next.

“Our focus has always been on helping enterprises improve procurement control without forcing large-scale system replacements,” said Deepak Gawas, Head of Marketing & Transformation at Powerweave.

“Procurement leaders today are less interested in AI concepts and more focused on how to deploy them safely, incrementally, and with accountability. ewiz procure’s modular architecture and maturity framework address that exact need.”

AI Assistant Maya validated self-service demand

In addition to the product showcase, Powerweave also deployed Maya, its QR-enabled AI procurement assistant, at the event. Maya answered procurement questions and recommended modules based on pain points.

Maya’s adoption across multiple events confirms that AI-guided buyer journeys are becoming a durable expectation, not a novelty.

About ewiz procure by Powerweave

ewiz procure is a modular procurement platform developed by Powerweave, designed to help enterprises achieve measurable sourcing, tail spend, and compliance outcomes without system replacement.

With over 25 years of digital transformation excellence and 2,000+ professionals across four continents, Powerweave continues to empower over 975 global clients, including Fortune 500 companies, through its platforms: ewiz procure, ewiz commerce, SnowKap, and TreeTies.

Learn more at https://www.powerweave.com/solutions/procurement/