manufacturing

Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes

Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
July 31, 2023  |  Digital Payments

Here on the other side of the pandemic, industry verticals that are modernizing through digital payments transformation are seeing the payoffs across functions including accounts...

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CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service
CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service
July 05, 2023  |  Supply Chain

CADDi has raised $89 million in Series C funding for its solutions for the manufacturing sector. The company will use the new funding to enhance the...

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Shein Expands Global Presence and Diversifies Supply Chain With Locally-Sourced Products
Shein Expands Global Presence and Diversifies Supply Chain With Locally-Sourced Products
June 22, 2023  |  Retail

Fast-fashion retailer Shein reportedly plans to enhance its market presence in Europe and Mexico. The company aims to expand its offering of locally manufactured products,...

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Digitizing Procurement Top Priority for More Than Half of Manufacturers and Retailers
Digitizing Procurement Top Priority for More Than Half of Manufacturers and Retailers
April 18, 2023  |  Supply Chain

The supply chain nightmares of 2021 and 2022 are fading, in large part due to payments modernization undertaken since those dark days to make sure...

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Contractors May Move to Modernize as Manufacturing Boom Spurs Construction Demand
Contractors May Move to Modernize as Manufacturing Boom Spurs Construction Demand
April 14, 2023  |  B2B Payments

Government incentives are spurring nationwide industry investment as manufacturers race to find space to fulfill demand.  As first reported last week (April 8) by the Wall Street...

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Platforms and Digital Payments Help Modernize ‘Smokestack’ Economy
Platforms and Digital Payments Help Modernize ‘Smokestack’ Economy
March 27, 2023  |  Supply Chain

The industrial economy has long been in need of a digital makeover. The mainstays of industry — where things are made, the tangible goods from...

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Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
March 15, 2023  |  Supply Chain

The old saying holds true: Chains are only as strong as their weakest links. And that’s especially true of supply chains, where disruptions during the...

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Manufacturers’ Procurement Modernization Drives Innovations in Purchase Order Finance
Manufacturers’ Procurement Modernization Drives Innovations in Purchase Order Finance
March 13, 2023  |  B2B Payments

Purchase orders, an often-overlooked step in the procurement process, is receiving renewed focus as companies seek to modernize their systems. As supply chain pressures begin...

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