Levelpath's AI-Native Sourcing Delivers 10X Efficiency Gains While Industry AI Investments Struggle

Business Wire

2 days ago

SAN FRANCISCO--(BUSINESS WIRE)-- Levelpath, the leading AI-native procurement platform, today announced breakthrough customer results that delightfully solve industry-wide AI struggles. Despite $34 billion invested in private generative AI last year, the Wall Street Journal reports that most enterprises see cost savings under 10% and revenue increases below 5%. Only 1% of companies have successfully scaled their AI investments beyond pilot phases.
Levelpath customers achieve 10X efficiency gains in sourcing that transform business outcomes. At a time when every strategically minded business is investing in AI, the AI-driven procurement evolution that Levelpath supports is a clear entry point for businesses to get real and proven ROI from AI investments.
Revolutionary Sourcing Results Drive Real Business Impact
Levelpath Strategic Sourcing is delivering unprecedented efficiency improvements across diverse industries:
Acrisure launched their Levelpath instance in the morning and had their first RFP live by the end of the same day. They were able to 10X their capacity to create and send RFPs per procurement employee, transforming their ability to execute sourcing strategies at scale.
GATX slashed supplier bid analysis from days to minutes and cut RFP production from months to minutes, boosting procurement efficiency and securing $3.5M in contract savings by using OCR to surface key contract clauses and fast-track strategic sourcing.
PADNOS experienced a 5X increase in sourcing projects per procurement employee, with 76% faster procurement cycles, enabling them to save 6,000 hours of fleet downtime through rapid supplier identification and evaluation.
SiriusXM achieved 90% of IT spend under management and reduced cycle times by 47%, centralizing all their processes behind sourcing, collaborating, and procuring something for the business.
"Most AI tools are retrofitted onto legacy systems, creating artificial constraints," said Stan Garber, Co-founder and President of Levelpath. "We built the industry's first truly AI-native procurement platform where intelligence is embedded in every workflow from day one."
AI-Native Architecture Reimagines Strategic Sourcing
Unlike legacy platforms that awkwardly overlay AI features onto existing systems, Levelpath's Strategic Sourcing was built from the ground up in today's massively transformational Era of AI when model and data management capabilities must match the flexibility that modern procurement and supply chain departments must support. This architectural advantage enables breakthrough capabilities that redefine employees' abilities to buy the best possible solution that takes cost, business needs, and corporate demand into account in procurement sourcing.
Unlike legacy platforms that bolt AI features onto existing systems, Levelpath's AI-native foundation eliminates traditional procurement bottlenecks by democratizing the line-of-business user's access to buy what they need to support business opportunities while following necessary business policies, processes, approved vendors, and other purchasing guidelines. The platform's Hyperbridge reasoning engine creates unified visibility across all procurement activities, while the easy-to-use front-door experience transforms complex processes into intuitive workflows.
True AI-native architecture requires building from the ground up with AI integrated from the beginning. Legacy procurement platforms, often founded decades ago, face fundamental constraints when attempting to integrate AI capabilities with their rigid backend systems and workflows that often break or are rendered obsolete as the speed of business increases and the variability of spend categories continues to grow. Levelpath's founding in 2022 allowed the company to architect every component for intelligent automation, accelerating the variety of spend, the speed of purchasing, and the quality of vendor selection that retrofitted systems simply cannot match with legacy-defined architecture.
Levelpath's AI-native Sourcing does not just automate existing processes, it reimagines them entirely. Procurement teams benefit from:
Effortless complexity: Business stakeholders can now independently build sophisticated RFPs, manage multi-criteria supplier evaluations and analyze complex responses with simple clicks and natural language requests. Managers no longer have to speak 'RFP language' or master procurement spreadsheets and tables to develop competitive and corporate-compliant buying actions. This simplification of the RFx process enables organizations to increase their efficiency by up to 10x without an increase in training or headcount.
Intelligent sourcing automation: Levelpath's AI Copilot drafts initial supplier communications, creates comprehensive questionnaires, performs detailed price comparisons and automatically summarizes supplier attachments, transforming hours of manual sourcing work into seconds of guided interaction focused on net-net outputs.
Seamless global collaboration: Teams collaborate seamlessly across languages and time zones in real-time through a single platform. Suppliers respond in their native language while procurement teams receive real-time summaries and analysis in theirs, expanding sourcing reach to provide international support without operational complexity.
Unified sourcing intelligence: Levelpath's proprietary Hyperbridge reasoning engine, integrated with its core data model, eliminates information silos by delivering real-time analysis that incorporates current business and vendor updates directly within sourcing workflows. Users have seamless and centralized access to stakeholder requests, feedback, and the contract details that enable faster, more informed decisions and eliminate the friction associated with disaggregated apps, data, and documents associated with contracting complex purchasing.
These breakthrough capabilities in making procurement more delightful highlight the constraints that legacy platforms cannot overcome in supporting dynamic businesses purchasing goods and services across a rapidly expanding ecosystem of suppliers. Levelpath's AI-native sourcing enables efficiency, connects teams with ease, and creates a centralized platform to be procurement's supplier system of record.
Built for the AI Era
Traditional procurement platforms carry the clunky, fragmented weight of their pre-AI origins through the sourcing process. Designed before the era of prolific AI advances, these legacy systems struggle with fundamental limitations that no amount of retrofitting can overcome:
Disconnected processes that trap critical data in organizational silos.
Surface-level AI features that underperform against their marketing promises.
Mounting technical debt that drives up costs while limiting growth potential.
Cumbersome interfaces that create bottlenecks instead of clearing them.
Fragmented systems that discourage supplier interaction or engagement.
Levelpath's AI-native foundation eliminates these inherited constraints, enabling sourcing operations that match the pace and complexity of modern business requirements.
The Moment of Truth
Procurement is no longer a support function; it has become a competitive way to accelerate business impact, mitigate risk and drive growth. Organizations now face a defining choice: remain constrained by legacy limitations or step into the AI-native era where procurement operations can finally match the pace of modern business.
"We are proving AI can deliver the transformative results enterprises have been promised," Garber added. "While others search for meaningful AI ROI, our customers are already capturing it through faster sourcing cycles, expanded supplier reach and dramatically improved sourcing capacity."
To learn more about Levelpath's AI-native procurement platform, visit https://www.levelpath.com/
About Levelpath
Levelpath is the AI-native procurement platform transforming how global enterprises manage indirect spend. Built from the ground up for the AI era, our platform unifies procurement operations through intelligent automation, featuring an intuitive stakeholder interface, advanced workflow orchestration, and our proprietary Hyperbridge reasoning engine that delivers real-time intelligence and complete visibility across all procurement activities. Trusted by leading Fortune enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union, Levelpath's AI-native architecture enables organizations to collaborate smarter, operate faster, and scale procurement operations that drive measurable business value.
Headquartered in San Francisco, Levelpath is backed by Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab. Learn more at levelpath.com or connect with us on LinkedIn.