Levelpath's AI-Native Sourcing Delivers 10X Efficiency Gains While Industry AI Investments Struggle
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.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Afya Limited (the "Company") Notice of Annual General Meeting of the Company
NOVA LIMA, Brazil, June 09, 2025--(BUSINESS WIRE)--Notice is hereby given that an Annual General Meeting of the Company (the "AGM") will be held at the offices of Afya Participações S.A., Alameda Oscar Niemeyer, No. 119, 15th Floor, Vila da Serra, Nova Lima, Minas Gerais, Brazil, Zip Code: 34.006-056, and virtually by accessing the following link (password: afya2025), on the 24th day of June 2025 at 10:00 a.m. BRT, for the purpose of considering and, if thought fit, passing and approving the following resolutions: "As an ordinary resolution, that the Company's financial statements and the auditor's report for the fiscal year ended December 31, 2024 be approved and ratified." "As an ordinary resolution, that João Paulo Seibel de Faria be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." "As an ordinary resolution, that Vanessa Claro Lopes be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." "As an ordinary resolution, that Miguel Filisbino Pereira de Paula be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." "As an ordinary resolution, that Marcelo Ken Suhara be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." The AGM will also serve as an opportunity for shareholders to discuss Company affairs with management. Shareholders may participate in the AGM virtually by accessing the following link (password: afya2025). Participation by a shareholder in the AGM in this manner shall be treated as presence in person at the AGM and such shareholder shall be counted in a quorum and entitled to vote in accordance with Article 18.3 of the Articles of Association of the Company. The Board of Directors of the Company (the "Board") has fixed the close of business, BRT, on May 14, 2025, BRT, as the record date (the "Record Date") for determining the shareholders of the Company entitled to receive notice of the AGM or any adjournment thereof. The holders of record of the Class A common shares and the Class B common shares of the Company as at the close of business, BRT, on the Record Date are entitled to receive notice of and attend the AGM and any adjournment thereof. The Company's 2024 Financial Statements for the fiscal year ended December 31, 2024 was filed with the U.S. Securities and Exchange Commission on March 13, 2025 (the "Financial Statements"). Shareholders may obtain a copy of the Financial Statements, free of charge, from the Company's website at or by contacting the Company's Investor Relations Department by email at ir@ The Board recommends that shareholders of the Company vote "FOR" the resolutions at the AGM. Your vote is very important to the Company. Whether or not you plan to attend the AGM, please promptly complete, date, sign and return the proxy card attached to this Notice. By order of the Board /s/ Kay Kraft__________________ Kay Kraft Director June 9, 2025 Registered Office:c/o Maples Corporate Services LimitedPO Box 309, Ugland HouseGrand CaymanKY1-1104Cayman Islands *A form of proxy has been included with this Notice. NOTES IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE AGM IN PERSON OR SEND IN A SPECIFIC PROXY. A proxy need not be a shareholder of the Company. A shareholder entitled to attend and vote at the AGM is entitled to appoint one or more proxies to attend and vote in his/her stead. Any standing proxy previously deposited by a shareholder with the Company will be voted in favour of the resolutions to be proposed at the AGM unless revoked prior to the AGM or the shareholder attends the AGM in person or executes a specific proxy. A form of proxy for use at the AGM is enclosed. Whether or not you propose to attend the AGM in person, you are strongly advised to complete and sign the enclosed form of proxy in accordance with the instructions printed on it and then deposit it (together with any power of attorney or other authority under which it is signed or a notarially certified copy of that power or authority) at the offices of Afya Participações S.A., Alameda Oscar Niemeyer, No. 119, 15th Floor, Vila da Serra, Nova Lima, Minas Gerais, Brazil, Zip Code: 34.006-056, or send copies of the foregoing by email to ir@ in each case marked for the attention of Renata Couto, Anibal Sousa and Rodrigo Proença, not later than 11:59 p.m. BRT on the business day prior to the date of the AGM or adjourned AGM in accordance with the Amended and Restated Articles of Association of the Company. Returning the completed form of proxy will not preclude you from attending the AGM and voting in person if you so wish. If two or more persons are jointly registered as holders of a share, the vote of the senior person who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of other joint holders. For this purpose seniority shall be determined by the order in which the names stand on the Company's register of shareholders in respect of the relevant shares. A shareholder holding more than one share entitled to attend and vote at the AGM need not cast the votes in respect of such shares in the same way on any resolution and therefore may vote a share or some or all such shares either for or against a resolution and/or abstain from voting a share or some or all of the shares and, subject to the terms of the instrument appointing any proxy, a proxy appointed under one or more instruments may vote a share or some or all of the shares in respect of which he is appointed either for or against a resolution and/or abstain from voting. No business shall be transacted at the AGM unless a quorum is present at the time when the meeting proceeds to business. One or more Members holding not less than one-third in aggregate of the voting power of all Shares in issue and entitled to vote, present in person or by proxy or, if a corporation or other non-natural Person, by its duly authorised representative, shall represent a quorum. View source version on Contacts Investor Relations Contact:Afya Limitedir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
an hour ago
- Business Wire
Afya Limited (the " Company") Notice of Annual General Meeting of the Company
NOVA LIMA, Brazil--(BUSINESS WIRE)--Notice is hereby given that an Annual General Meeting of the Company (the " AGM") will be held at the offices of Afya Participações S.A., Alameda Oscar Niemeyer, No. 119, 15th Floor, Vila da Serra, Nova Lima, Minas Gerais, Brazil, Zip Code: 34.006-056, and virtually by accessing the following link (password: afya2025), on the 24 th day of June 2025 at 10:00 a.m. BRT, for the purpose of considering and, if thought fit, passing and approving the following resolutions: "As an ordinary resolution, that the Company's financial statements and the auditor's report for the fiscal year ended December 31, 2024 be approved and ratified." "As an ordinary resolution, that João Paulo Seibel de Faria be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." "As an ordinary resolution, that Vanessa Claro Lopes be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." "As an ordinary resolution, that Miguel Filisbino Pereira de Paula be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." "As an ordinary resolution, that Marcelo Ken Suhara be re-appointed as an independent director of the Company with immediate effect to hold office for a two year term in accordance with the Amended and Restated Articles of Association of the Company." The AGM will also serve as an opportunity for shareholders to discuss Company affairs with management. Shareholders may participate in the AGM virtually by accessing the following link (password: afya2025). Participation by a shareholder in the AGM in this manner shall be treated as presence in person at the AGM and such shareholder shall be counted in a quorum and entitled to vote in accordance with Article 18.3 of the Articles of Association of the Company. The Board of Directors of the Company (the " Board") has fixed the close of business, BRT, on May 14, 2025, BRT, as the record date (the ' Record Date ') for determining the shareholders of the Company entitled to receive notice of the AGM or any adjournment thereof. The holders of record of the Class A common shares and the Class B common shares of the Company as at the close of business, BRT, on the Record Date are entitled to receive notice of and attend the AGM and any adjournment thereof. The Company's 2024 Financial Statements for the fiscal year ended December 31, 2024 was filed with the U.S. Securities and Exchange Commission on March 13, 2025 (the ' Financial Statements '). Shareholders may obtain a copy of the Financial Statements, free of charge, from the Company's website at or by contacting the Company's Investor Relations Department by email at ir@ The Board recommends that shareholders of the Company vote 'FOR' the resolutions at the AGM. Your vote is very important to the Company. Whether or not you plan to attend the AGM, please promptly complete, date, sign and return the proxy card attached to this Notice. By order of the Board Registered Office: c/o Maples Corporate Services Limited PO Box 309, Ugland House Grand Cayman KY1-1104 Cayman Islands *A form of proxy has been included with this Notice. NOTES IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE AGM IN PERSON OR SEND IN A SPECIFIC PROXY. A proxy need not be a shareholder of the Company. A shareholder entitled to attend and vote at the AGM is entitled to appoint one or more proxies to attend and vote in his/her stead. Any standing proxy previously deposited by a shareholder with the Company will be voted in favour of the resolutions to be proposed at the AGM unless revoked prior to the AGM or the shareholder attends the AGM in person or executes a specific proxy. A form of proxy for use at the AGM is enclosed. Whether or not you propose to attend the AGM in person, you are strongly advised to complete and sign the enclosed form of proxy in accordance with the instructions printed on it and then deposit it (together with any power of attorney or other authority under which it is signed or a notarially certified copy of that power or authority) at the offices of Afya Participações S.A., Alameda Oscar Niemeyer, No. 119, 15th Floor, Vila da Serra, Nova Lima, Minas Gerais, Brazil, Zip Code: 34.006-056, or send copies of the foregoing by email to ir@ in each case marked for the attention of Renata Couto, Anibal Sousa and Rodrigo Proença, not later than 11:59 p.m. BRT on the business day prior to the date of the AGM or adjourned AGM in accordance with the Amended and Restated Articles of Association of the Company. Returning the completed form of proxy will not preclude you from attending the AGM and voting in person if you so wish. If two or more persons are jointly registered as holders of a share, the vote of the senior person who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of other joint holders. For this purpose seniority shall be determined by the order in which the names stand on the Company's register of shareholders in respect of the relevant shares. A shareholder holding more than one share entitled to attend and vote at the AGM need not cast the votes in respect of such shares in the same way on any resolution and therefore may vote a share or some or all such shares either for or against a resolution and/or abstain from voting a share or some or all of the shares and, subject to the terms of the instrument appointing any proxy, a proxy appointed under one or more instruments may vote a share or some or all of the shares in respect of which he is appointed either for or against a resolution and/or abstain from voting. No business shall be transacted at the AGM unless a quorum is present at the time when the meeting proceeds to business. One or more Members holding not less than one-third in aggregate of the voting power of all Shares in issue and entitled to vote, present in person or by proxy or, if a corporation or other non-natural Person, by its duly authorised representative, shall represent a quorum.
Yahoo
an hour ago
- Yahoo
U-Haul Offers Disaster Relief across Dallas Metro after Storms, Flooding
DALLAS, June 09, 2025--(BUSINESS WIRE)--U-Haul® is offering 30 days of free self-storage and U-Box® container usage at 75 facilities throughout the Dallas-Fort Worth-Arlington metro area, as well as other parts of north and west Texas, after strong storms caused damage and widespread flooding on Sunday night. Dallas County experienced severe flooding and residential properties in Fannin County sustained tree and roof damage from powerful winds. Access to dry and secure self-storage units and portable storage containers are vital to communities during the clean-up process following natural disasters. "We had crazy weather last night across Dallas metro, and our teams are willing to help anyone in need," stated Matt Merrill, U-Haul Area District Vice President for the DFW metroplex. "If a month of free storage can assist with your recovery after the storms, call or stop by any U-Haul-owned center in the area." The 30 days free offer applies to new self-storage and U-Box rentals and is based on availability. The U-Box portable container offer is for on-site storage at Company centers. People seeking more information on the disaster relief program or needing to arrange services can contact their nearest regional office or stop by a U-Haul self-storage facility in the cities below: U-Haul Co. of East Dallas (10 stores) Store locations: Dallas, Garland (972) 271-5651 U-Haul Co. of Fort Worth (11 stores) Store locations: Arlington, Fort Worth (817) 361-8451 U-Haul Co. of North Dallas (10 stores) Store locations: Aubrey, Denton, McKinney, Plano, Prosper (972) 436-6017 U-Haul Co. of Northeast Dallas (10 stores) Store locations: Carrollton, Dallas, Plano, Richardson (972) 343-5666 U-Haul Co. of Northwest Dallas (9 stores) Store locations: Grapevine, Haltom City, Justin, Lewisville, North Richland Hills, Roanoke (469) 671-2775 U-Haul Co. of South Central Dallas (15 stores) Store locations: Cedar Hill, Dallas, De Soto, Duncanville, Grand Prairie, Irving, Waco, Waxahachie, Woodway (972) 343-5678 U-Haul Co. of West Texas (10 stores) Store locations: Abilene, Amarillo, Lubbock, Midland, Odessa, San Angelo, Wichita Falls (325) 692-9203 In addition to its 30 days free self-storage disaster relief program, U-Haul is proud to be at the forefront of aiding communities in times of need as an official American Red Cross Disaster Responder. About U-HAUL Celebrating our 80th anniversary in 2025, U-Haul is the No. 1 choice of do-it-yourself movers with more than 24,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 193,900 trucks, 138,200 trailers and 40,300 towing devices. U-Haul is the third largest self-storage operator in North America and offers 1,060,000 rentable storage units and 92.0 million square feet of self-storage space at owned and managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play. View source version on Contacts Jeff LockridgeE-mail: publicrelations@ Phone: 602-760-4941Website: Sign in to access your portfolio
