A new survey from procurement and supply chain networking company Procurious suggests that procurement professionals’ jobs remain largely tactical, despite expectations for the field to evolve into a more strategic component of the enterprise. Get the Full Story Complete the form to unlock this article...
For China, cryptos are anathema, while the blockchain is to be embraced, or so it seems in light of recent policy and project announcements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Businesses struggling with late invoice payments may feel the problem is beyond their control. But some service providers are encouraging firms to take a proactive approach to accounts payable in an effort to ensure their invoices are paid in a timely manner. Get the Full...
Property management software provider Yardi is enhancing its payments capabilities through a new partnership with Fifth Third Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Suppliers and vendors may feel a lack of control when it comes to accounts receivable. Once an invoice is sent out, it may seem largely out of a vendor’s hands whether a customer pays on time, pays late — as is the case with so many...
The Asian Development Bank (ADB), which recently pegged the world’s trade finance gap at $1 trillion, is launching a new trade finance tool aimed at combatting money laundering. Reports in The Financial Express on Tuesday (Sept. 4) said the ADB is launching its Trade Finance Scorecard,...
Intel has struck new collaborations with artificial intelligence (AI) companies to broaden its enterprise AI capabilities. A press release on Tuesday (Sept. 4) said Chinese technology firm Baidu is working with Intel to combine their artificial intelligence and cloud technologies. The companies plan to apply...
Procurement’s digital transformation isn’t without its hiccups. Organizations are taking baby steps into eProcurement, digitizing supplier relationship portals, purchase orders, invoice management and payments, though not all businesses say their eProcurement efforts have paid off as much as they could, and should, be. Get the...
B2B eCommerce platform Udaan has caught the attention of investors to the tune of $225 million, marking what reports on Tuesday (Sept. 4) said is now the fastest-growing unicorn startup in India. Get the Full Story Complete the form to unlock this article and enjoy...