Glo, the most advanced AI agent for procurement, now features enhanced analytic capabilities that empower businesses to make faster, better buying decisions
Globality, the market leader in AI-driven spend management, announces new next-gen pricing analysis capabilities for its AI Agent Glo, giving Global 2000 companies deep, detailed insights into real-time price proposals to increase efficiencies, minimize risk and drive new business value.
“Already the most advanced AI Agent in procurement, Glo’s groundbreaking new capabilities enable leading global companies to better manage risk, boost efficiency and productivity, and create new value that goes straight to the bottom line”
As part of the journey from scope to savings, procurement and business teams simply ask Glo, the most advanced AI Agent in procurement, for detailed project pricing information in natural language. The award-winning Globality platform, which manages all spend from tail through to complex service categories, instantly creates detailed, actionable, and easily shareable data in the form of AI-powered summaries and dynamic charts and visualizations.
“Our team saw immediately that Globality’s autonomous sourcing platform is the complete suite,” said Cyril Pourrat, Chief Procurement Officer, BT Group. “Two-thirds of my spend right now is going through Globality. It’s huge, in the billions of pounds.”
Read More: SalesTechStar Interview with Abhijit Mitra, CEO at Outreach
To enable BT and other Global 2000 enterprises such as Fidelity Investments, Invesco, Santander, Tesco, and T. Rowe Price to better manage all their company spend, helping drive growth and adding new strategic business value, Glo analyzes internal and third-party data sources to provide pricing insights based on industry benchmarks and past spend for better proposal evaluation.
Driving new business value in the face of complexity
According to Gartner’s Procurement Predicts 2025 Report, 63% percent of procurement organizations fear losing their competitive advantage if they do not improve their use of data and analytics. It states that the intended benefits of AI include increased productivity, reduced cost and better business agility from improved speed to decision making. However, if organizations cannot trust the outputs of their technologies, these benefits will remain unrealized.
With Glo’s AI-driven pricing analysis and real-time insights, procurement and business teams are free to focus on strategic decision-making to maximize sustainable, bottom-line business value. In addition to external challenges, Globality’s new capabilities streamline pricing analyses on huge amounts of complex internal data from multiple sources, including supplier, contract and market insights.
Read More: Hyper-Personalization in Sales Operations: A New Era of Customer Engagement
How Glo’s new capabilities work together to solve these challenges
Whether analyzing project-specific proposals or diving into broader pricing trends, users can rely on dynamic interactive charts, comparison tables, and exportable reports to make data-driven decisions with ease:
- Analytics – provides the foundational layer of real-time, intuitive analytics and trend identification within the Globality platform. Procurement teams can use the power of Agentic AI to instantly build interactive dashboards, visuals, and graphs, enabling them to make smarter decisions throughout the buying journey.
- Next-Gen Proposal Insights – builds on this foundation by delivering deeper analysis of pricing data for better proposal evaluation. Powered by Globality’s unique proprietary Gen AI interface, Glo Benchmark Insights integrates external benchmark data and past spending to help organizations benchmark their proposals and receive renewal recommendations. By using Agentic AI to perform analysis and make recommendations based on industry standards and historical data, Globality gives users a competitive edge in pricing strategies.
- Glo Pricing Insights – brings everything together by leveraging Globality’s agentic architecture to provide immediate, actionable answers to pricing inquiries from procurement or business users.
“Already the most advanced AI Agent in procurement, Glo’s groundbreaking new capabilities enable leading global companies to better manage risk, boost efficiency and productivity, and create new value that goes straight to the bottom line,” said Lior Delgo, Globality Co-Founder and President. “Through Glo’s next-gen AI-powered analytics, companies gain the tools to drive better business outcomes and gain competitive advantage in the face of unprecedented market and internal complexity.”
