-

Zip Surpasses $6 Billion in Customer Savings as Agentic Procurement Orchestration Transforms Enterprise Purchasing

Year marked by AI innovation breakthroughs, global expansion, and unprecedented platform scale as Fortune 500 leaders embrace intelligent procurement

SAN FRANCISCO--(BUSINESS WIRE)--Zip, the leading AI platform for enterprise procurement, today announced it has surpassed $6 billion in customer savings while processing hundreds of billions in spend across more than 7 million suppliers. The milestone caps a transformative year marked by economic uncertainty, supply chain complexity, and the rapid emergence of AI. Against this backdrop, enterprises like OpenAI, Dollar Tree, and Mars turned to Zip’s agentic AI platform, achieving breakthrough results including billions in savings and millions of days reclaimed.

“This year, we introduced agentic procurement orchestration – not just a new term and category, but a new way of thinking about how AI can transform every aspect of how companies purchase."

Share

“What began as a simpler way to start a purchase has grown into a full procurement operating system,” said Rujul Zaparde, Co-founder and CEO of Zip. “This year, we introduced agentic procurement orchestration – not just a new term and category, but a new way of thinking about how AI can transform every aspect of how companies purchase. The results speak for themselves: $6 billion saved, 10 million days of cycle time eliminated, and procurement’s emergence as a board-level priority.”

This year, Zip reached several pivotal milestones, further cementing its position as the leading AI platform for enterprise procurement:

AI Innovation & Platform Scale

Enterprise Momentum

  • Welcomed new enterprise customers including LinkedIn, PIMCO, Block, and Mars, while expanding deployments at OpenAI, Snowflake, Canva, Anthropic, AMD, Discover, and hundreds more
  • Dollar Tree increased procurement influence from 13% to over 40% of $5B non-product spend, achieving a 70% reduction in cycle times and identifying $100 million in savings

Global Expansion & Community

  • Hosted Zip Forward 2025, bringing together 700+ procurement and finance executives from industry leaders like T-Mobile, OpenAI, and Gap
  • Opened a new Toronto office and expanded footprint in San Francisco, New York, and London
  • Launched its inaugural State of Spend report surveying 1,000+ global leaders on AI-era procurement trends
  • Built the Zip Community with 750+ members sharing best practices and advancing careers

Product Breakthroughs

  • AI-powered workflow routing automatically directs requests to the right approvers based on historical patterns and real-time context
  • Price Negotiation Agent leverages market intelligence to optimize every purchase
  • Invoice-to-Contract Compliance Agent ensures every invoice aligns with negotiated terms
  • Universal AI assistant provides cross-platform intelligence, giving every user a procurement expert at their fingertips
  • Zip for Risk Orchestration revolutionizes how companies approach compliance workflows

Platform Impact

  • $6 billion in total customer savings
  • 26 million approvals completed
  • 10 million days saved
  • 7 million suppliers managed
  • 10 million AI insights delivered

The response from the market has been immediate and overwhelming. Within weeks of launching agentic procurement orchestration, enterprises across industries reported productivity gains that exceeded even the most optimistic projections.

“The traditional boundaries between procurement categories are dissolving,” added Zaparde. “Intake, orchestration, sourcing, contracts, and payments are becoming interconnected elements of a single, intelligent system. We’re building the platform that brings it all together. If 2024 was the Year of Orchestration, and 2025 was the Year of Agentic AI, then 2026 will undoubtedly be the Year of the Platform.”

Click here to read more about Zip’s transformative 2025. To discover why 2026 will be the Year of the Platform, download Zip’s “2026 Procurement Predictions” guide featuring insights from 20+ industry leaders.

About Zip

Zip is the world’s leading agentic procurement orchestration platform, empowering businesses to accelerate the procurement process, mitigate risk, and drive growth by offering a single front door to unify the teams, tasks, and tools involved in working with suppliers. With Zip, businesses can maximize employee adoption of purchasing policies and increase spend visibility and control. As the leading solution for optimizing business spend, Zip’s AI-powered platform is trusted by hundreds of leading enterprises worldwide, including AMD, Anthropic, Coinbase, Discover, Dollar Tree, HP, Instacart, Invesco, Lyft, Northwestern Mutual, Prudential, Reddit, Sephora, and Snowflake to maximize the ROI of every dollar. To learn more, visit ziphq.com.

Zip


Release Summary
Zip Surpasses $6 Billion in Customer Savings as Agentic Procurement Orchestration Transforms Enterprise Purchasing
Release Versions

Social Media Profiles
More News From Zip

Zip Accelerates Canadian Expansion with New Toronto Office, Plans to Nearly Triple Local Workforce

TORONTO & SAN FRANCISCO--(BUSINESS WIRE)--Zip Accelerates Canadian Expansion with New Toronto Office, Plans to Nearly Triple Local Workforce...

Zip Launches Powerful Suite of AI Agents to Help Companies Identify Overpayments and Negotiate Better Deals – Driving Cost Cutting Across All Categories of Spend

SAN FRANCISCO--(BUSINESS WIRE)--Zip, the AI platform for procurement, today unveiled a powerful new suite of AI agents at its third annual Zip Forward conference, including its most powerful agent yet: the Price Negotiation Agent, which helps companies identity overpayments and negotiate better deals across all categories of spend, from IT and software to professional services, real estate, and advertising. The two-day event brought together more than 700 procurement and finance leaders, includ...

Zip Named to LinkedIn’s 2025 Top Startups List in the U.S.

SAN FRANCISCO--(BUSINESS WIRE)--Zip, the procurement platform trusted by OpenAI, Snowflake, and AMD ranked among the top 50 companies on LinkedIn’s 2025 Top Startups List in the U.S....
Back to Newsroom