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T-Net News (corroborated by fintech trade coverage of the same Aug 11 announcement)

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2026-08-12

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2026-08-12 / MARKETSProcurify Rebuilt Procure-to-Pay Around Agents: 99%+ Invoice Capture, 96% Cut in Requisition Time, $100B+ Spend Under ManagementOn August 11 Vancouver-based Procurify shipped Guided Intake (a conversational, policy-checked purchase request flow), Order Autopilot (proactive line-item coding from purchase history), and a completely rebuilt agentic accounts-payable engine claiming 99%+ invoice capture accuracy. The company reports $100B+ in spend across customers, a 96% reduction in requisition time, and 60% faster approvals, and holds G2's #1 Mid-Market Procure-to-Pay ranking for Summer 2026. CEO Chad Gaydos's framing — teams 'stop managing the process' — is the tell that mid-market P2P is moving from a system of record to a system that acts, which is the harder position for Coupa- and Ariba-era incumbents to defend.

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