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ORO Labs Launches New Agentic AI Capabilities to Power Truly Autonomous and Secure Procurement Workflows

ORO Labs, the market’s leading enterprise-grade intake management and procurement orchestration platform, today unveiled new agentic AI capabilities that give procurement teams more control over how...

Business Wire

As speed and agility become non-negotiable for procurement, ORO introduces a no-code AI Agent builder to reduce manual work, accelerate decision making, and improve cross-functional collaboration

SAN FRANCISCO: ORO Labs, the market’s leading enterprise-grade intake management and procurement orchestration platform, today unveiled new agentic AI capabilities that give procurement teams more control over how and where they apply automation. The launch introduces a no-code AI Agent Builder that allows teams to design and deploy their own agents with ease. Building on their existing portfolio, ORO has also released a new tranche of pre-built AI agents to speed up compliance processes and improve risk detection.

“At ORO, we believe the future of procurement isn’t just about adding AI — it’s about orchestrating a symphony of human and machine intelligence,” said Sudhir Bhojwani, Co-Founder and CEO of ORO Labs. “While others are just starting to explore AI agents, we’re delivering a comprehensive, production-ready solution that securely connects data, systems, human decision-makers, and AI agents to unlock unprecedented levels of automation and collaboration.”

The latest tranche of AI agents is purpose-built to handle time-consuming risk and compliance tasks, including: risk reviews, fraud detection, global tax compliance, sustainability compliance, anti-bribery compliance, and legal reviews. ORO has also introduced a new intake management agent that recommends opportunities for autonomous negotiation. These build on ORO’s existing portfolio of agents for intake management, supplier maintenance, and knowledge retrieval, expanding on the platform’s ability to support the entire source-to-pay process from end to end.

To give teams even greater flexibility, ORO’s new no-code AI Agent builder offers enterprise procurement departments the freedom and flexibility to create and change agents for any use case. With a simple drag-and-drop interface, procurement leaders can tailor automation to the way their teams actually work, helping them move faster without adding complexity or giving up control.

Unlike other solutions that focus on basic AI assistants or isolated use cases, ORO Labs’ Agentic AI capabilities are fully embedded into the ORO platform, enabling enterprises to:

  • Orchestrate Autonomous Workflows: AI agents can now independently manage complex procurement tasks, from supplier onboarding and risk triage to fraud detection and compliance monitoring, dramatically reducing reliance on shared services and BPO teams.
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  • Access Proprietary Enterprise Data Securely: ORO uniquely enables AI agents to securely access critical internal data — including ERP, Source-to-Pay, CLM, risk management, and HR systems — ensuring decisions are informed, trustworthy, and auditable without compromising data security.
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  • Collaborate Across Agents and Humans: ORO facilitates seamless collaboration between AI agents and human experts. AI agents autonomously escalate complex decisions and provide rich, context-aware insights, empowering faster, more confident decisions.
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  • Deliver Transparency and Control: With advanced escalation management and full auditability, organizations maintain control over AI decision-making processes, ensuring compliance and accountability across all procurement activities.

ORO’s Agentic AI is already driving measurable results across industries. For example, global enterprises like Danone Group, Gilead Sciences, Millennium Management, Booking.com, Liberty Global, and Roche are leveraging AI-driven workflows - including risk reviews and contract compliance checks - cutting process times and reducing legal involvement by up to 50%.

These new capabilities position ORO Labs as the leading choice for enterprises seeking to move beyond the hype and realize the full potential of AI in procurement.

“ORO is a true AI innovation partner helping us work toward our vision of a zero-bureaucracy experience,” said Thomas Udesen, CPO at Bayer.

The new Agentic AI capabilities are generally available today. ORO Labs will showcase these innovations during the upcoming DPW Conference in New York, including a live demonstration of how enterprise customers can build and deploy their own AI agents using the ORO platform.

For more information, visit orolabs.ai

About ORO Labs

ORO Labs is a procurement orchestration company on a mission to humanize the procurement experience by coordinating teams, systems, and processes so employees get what they need without frustration. ORO’s AI-powered no-code platform is purpose-built to deliver effortless user experiences that enable businesses to reduce cycle times, decrease risk through end-to-end process visibility, and increase agility in response to change. ORO is trusted by Fortune 500 companies and fast-growing global organizations to automate processes, improve cross-team collaboration, and scale procurement operations. To learn more, visit orolabs.ai.

Fonte: Business Wire

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