Sharmita Srivastava on AI in Finance, Supply & Procurement
· Source: supplychaindigital.com
In short
Sharmita Srivastava, VP and Global Head of IT Finance, Procurement and ERP Platforms at Bristol Myers Squibb, explains how the life sciences giant is rebuilding finance, procurement and supply operations around AI on a single SAP S/4HANA backbone. BMS has achieved 70% touchless invoice processing and a 50% cut in purchasing approvals by cleaning up its data model before automating, and is now moving to SAP RISE on cloud with the Joule copilot and autonomous procurement agents. She argues that speed and compliance are not in tension if governance, auditability and clear human-review boundaries are designed in from day one.
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In the issue of week 40, 2026: Supply Chain AI Advances, but Data, Governance and Capacity Set the Pace
Tags: procurement, automation, invoicing, ERP, governance, supply chain