Globality launches autonomous sourcing platform Glo 2.0

Globality has launched Glo 2.0, a sourcing platform that runs procurement events from intake to award, either autonomously or with staff oversight.

The launch targets a long-standing problem in corporate procurement: many teams lack the time or staff to run competitive sourcing exercises across all spend categories. More than half of addressable enterprise spend is still not competitively sourced because procurement managers must focus on the largest or highest-risk projects, according to Globality.

Glo 2.0 is designed to address that gap by handling the full sourcing process rather than only early-stage tasks. The platform can generate RFx documents, identify and invite suppliers, conduct negotiations, analyse bids and recommend an award outcome.

That gives artificial intelligence a broader role in procurement than systems that stop at drafting documents or flagging potential suppliers. In this model, the software not only prepares an event but also manages supplier engagement and commercial discussions through to completion.

Automation choices

Procurement teams can set different levels of automation across an organisation, within a category or for a single sourcing event. In collaborative mode, staff stay directly involved in supplier contact and make the final award decision, while the platform prepares commercial analysis, RFx materials and negotiation strategy.

In autonomous mode, procurement teams define objectives and set guardrails while the platform handles the intervening steps, with the team approving the final award. That structure reflects the fact that sourcing events vary in value, risk and governance requirements, making a single operating model difficult for large companies.

Globality has also introduced Glo Intake, a conversational entry point for employee purchasing requests. The tool interprets requests, applies procurement rules and routes each request through the correct process without requiring users to navigate multiple systems.

Before a supplier is engaged, the platform conducts a should-cost analysis to determine whether a request is suitable for competitive sourcing. The aim is to help procurement teams identify which purchases are likely to benefit from market testing before commitments are made.

Claims on speed

Globality said an event that would typically take six to 10 weeks can be completed in days on the new platform. Customers have also reported running five to nine times more sourcing events without increasing headcount, alongside annual cost savings of 10% to 20%.

Those figures go to the heart of the company's pitch to procurement leaders under pressure to cut costs while managing a wider range of direct, indirect and low-value purchases. If they hold true at scale, procurement teams could extend competitive sourcing beyond large strategic contracts into areas often left unmanaged because they are too time-consuming to pursue manually.

The system keeps a full audit trail for each event and includes explainability features for AI-driven decisions. It also enforces policy guardrails automatically and is certified to SOC 2 and ISO 27001 standards.

Globality's customer list includes BT, Tesco, Swiss Re, Fidelity, Societe Generale, UPS and HP, indicating that it is targeting large multinational businesses with complex sourcing operations. Glo 2.0 is available immediately as an upgrade to the existing platform.

Joel Hyatt outlined the company's position on the new release.

"This is the first truly autonomous sourcing platform where AI runs the complete intake-to-award process. Our agents don't just automate a workflow; they reason through the data, decide the right approach for what's being sourced, and act on your behalf with suppliers," said Joel Hyatt, Co-Founder and Chief Executive Officer of Globality.

Some existing users also commented on the product's role in expanding procurement capacity. Samer Ijaz, a sourcing executive at Dropbox, described it as a way to handle more events more efficiently.

"Globality's autonomous sourcing represents a meaningful opportunity to scale our sourcing work, enabling us to run more events efficiently and ultimately deliver greater value," said Ijaz.

Steve Dyson of HP said early results from the autonomous model had widened the range of spend that could be sourced competitively.

"We've been impressed by what Globality has delivered for our procurement organisation over the years, and the early results from autonomous mode are the most exciting yet. We're competitively sourcing spend we simply didn't have the capacity to reach before," said Dyson.