Software software software. That’s where the money was at in the B2B world this past week as venture capitalists secured millions for Software-as-a-Service startups looking to make all aspects of the procurement process easier for buyers and suppliers. Investors pumped more than $10.5 million into...
Although still underutilized industry-wide, attitudes toward electronic invoicing and billing are changing. Out of the estimated 170 billion invoices exchanged by the global business and government sectors in 2014, a mere 26 billion were sent electronically, according to the latest data from e-billing and e-invoicing...
There’s an old saying, taken from a story in the Old Testament, that goes something like this – “Be ever cautious, every rich man’s house has a servant’s entrance.” The saying is meant as a warning to never feel too secure. Get the Full Story...
When many of the players in payments talk about the power of bitcoin these days, they aren’t talking about bitcoin at all. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The most successful procurement operations are those that maintain a broader view of the strength of the enterprise. That’s the conclusion reached by the IBM Institute for Business Value in a new study, “The Journey to Value: Transforming Procurement to Drive the Enterprise Agenda,” released...
Both government and private research agree: America’s freight system is under serious pressure, and supply chains are particularly vulnerable to the strain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Business-to-business suppliers feel pressured to overhaul their sales approach and facilitate a technology-advanced, streamlined purchasing process for procurement officials. But not everyone is heeding this call. A new report released by Sparks Grove on Friday (Feb. 27) reveals that innovation within the B2B space is...
“If we were building a financial system from scratch today, we’d do it on a digital platform,” Bill Gates once said in an address on behalf of the Alliance for Financial Inclusion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Yesterday (March 4), PayPal President, Dan Schulman, gave his first public speaking engagement since taking the reins. One thing he made very clear: PayPal is taking full advantage of a system “ripe for disruption.” And, Schulman, said, is well-positioned to not just compete, but win....
