ORO Labs 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. ORO also released several 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,” says 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.”
Key takeaways:
• The new AI agents are 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. 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 procurement process from end to end.
• 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.
• ORO uniquely enables AI agents to securely access critical internal data, including ERP, CLM, risk management, and HR systems, ensuring decisions are informed, trustworthy, and auditable without compromising data security.
• 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.
• With advanced escalation management and full auditability, organizations maintain control over AI decision-making processes, ensuring compliance and accountability across all procurement activities.
