Dun & Bradstreet Accelerates Procurement and Supplier Risk Decisions With AI Assistant, Powered by World-Class Data and IBM Technology
27 November 2024
D&B Ask Procurement™ provides instant view into supplier insights
JACKSONVILLE, Fla., November 19, 2024--(BUSINESS WIRE)--Dun & Bradstreet (NYSE: DNB), a leading global provider of business decisioning data and analytics, announced today the availability of D&B Ask Procurement, its generative artificial intelligence (Gen AI) assistant built in collaboration with IBM (NYSE: IBM), that synthesizes vast datasets and provides intelligent recommendations to help procurement teams make faster data-driven decisions, mitigate risks and drive efficiencies across their supplier networks.
Connected to Dun & Bradstreet’s comprehensive business risk, financial, and firmographic data and insights, D&B Ask Procurement helps teams to query critical supplier insights, expedite analysis and reporting, and identify suppliers for engagement. Built with IBM watsonx Orchestrate and watsonx.ai technology with support from IBM Consulting, D&B Ask Procurement is an AI assistant that also leverages an agentic AI framework to provide advanced reasoning capabilities and autonomous decision making. Utilizing a conversational chat interface, users can quickly and more easily expand insights to help de-risk their supply chain, increase productivity. and ultimately reduce costs.
"D&B Ask Procurement unlocks the full depth and breadth of Dun & Bradstreet’s content for procurement professionals to be able to quickly access a 360-degree view of a company’s business relationships and make more informed decisions," said Brian Filanowski, General Manager, Finance & Risk Solutions, Dun & Bradstreet. "We’re committed to fusing Dun & Bradstreet’s trusted data and analytics with the Gen AI capabilities of IBM watsonx Orchestrate to power solutions like D&B Ask Procurement that deliver meaningful competitive advantages to our customer’s businesses."
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