The procurement landscape is witnessing its biggest transformation in decades. Whereas traditional automation has been streamlining transactional tasks for years, agentic AI in procurement is fundamentally reimagining how S2P processes work: from rigid, rule-based systems to intelligent agents that think, learn, and act on their own. In fact, recent industry data indicates that procurement teams spend around 60% of their time on repetitive, low-value tasks. Meanwhile, an average of 15% of annual spend is lost to inefficiencies across the S2P cycle. This is where agentic AI enters as a game-changer: not just optimizing existing workflows, but rewriting the playbook.