Sections
procurement
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2.5KB2B PaymentsHigher Education Learns The Value In Procurement Spend Visibility
The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition...
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7.0KB2B PaymentsXeeva Secures AI Patent For Procurement Spend Analysis
Procurement technology firm Xeeva has announced a new patent pertaining to enhanced spend analytics, the company said in a recent press release....
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2.6KB2B PaymentsPatisserie Valerie Saga Finds Fake Invoices
Ongoing investigations into the £40 million (nearly $52.4 million USD) fraud that felled Patisserie Valerie have found that fake invoices were involved....
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3.8KB2B PaymentsPutting Hospitals’ Supply Chain Spend On The Examination Table
Supply chain management is essential for any company, but in the healthcare field, it can literally mean the difference between life and...
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3.6KB2B PaymentsAccenture Debuts SynOps Automation Tool To Reallocate Human Talent
Corporate consulting company Accenture is debuting its SynOps enterprise automation technology five years in the making, a tool that reports said could...
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3.1KB2B PaymentsPayments Innovation, Gig Economy Drive Procurement Digitization
In the past, procurement teams have had to fight to prove their operations are more than a cost center for their businesses....
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4.1KB2B PaymentsCompliance Execs Forge Closer Ties With Corporate Buyers
With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions...
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6.2KB2B PaymentsBlockchain Tries To Jolt B2B eCommerce Into The Digital Age
The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic...
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2.9KB2B PaymentsCertify Enters Procure-To-Pay Market
Corporate expense management company Certify is stepping into the procure-to-pay arena with the launch of Certify Purchasing, announced Thursday (Jan. 17). The...
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2.7KB2B PaymentsGovernment Suppliers To See A Few Changes Post-Brexit
In a historic defeat, U.K. Prime Minister Theresa May saw a dramatic rejection of her Brexit deal on Tuesday (Jan. 15), adding...
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3.3KB2B PaymentsHealthcare’s CIOs Are Losing Their Purchasing Power
Worldwide enterprise investment in IT is slated to reach $3.7 trillion, according to 2017 Gartner statistics, marking the fastest growth rate in...
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1.8KSpend ManagementFor Charter Schools, A Workforce Spend Tutorial
Public charter schools operate independently from traditional public schools — but with this autonomy, says Marco Rafanelli of BuyQ, comes less purchasing...
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3.4KB2B PaymentsUS Air Force Launches SMB IT Procurement Program
The United States Air Force is implementing a new program designed to promote procurement of goods and services from the small business...
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3.0KB2B PaymentsCorcentric Lands Financing For M&A Expansion
Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion....
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2.6KB2B PaymentsSingapore Alt-Lender Merges With eProcurement Platform
Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Reports in Vulcan Post on Thursday (Nov....
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4.5KB2B PaymentsBusiness Buying Habits Are Shifting, But It’s Not Necessarily All About Speed
Business buying habits are shifting, and while B2B eCommerce may be about speed and convenience when professionals want to purchase office supplies,...
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3.8KB2B PaymentsShell Companies Eyed In Fraud At Aegean Marine
Payments fraud on the high seas, perhaps, as a global shipper may have been involved with fake transactions and shell companies. Elsewhere, ransomware...
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2.5KB2B PaymentsCannabis Logistics Finds Opportunity In Uncharted Territory: WAYV
FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. In the...
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3.1KB2B PaymentsWAYV Lands Seed Funding For Cannabis B2B Procurement Platform
With cannabis legalization expanding around the globe, marijuana-targeting FinTech startups are a growing breed, too. The latest to secure venture capital is...
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3.0KB2B PaymentsHow Supplier Churn Can Stifle B2B Payments Automation: Symbeo
Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous,...
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4.1KB2B PaymentsAsia Corporates Replacing ACH With Cards, Citi Finds
Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Reports...
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3.9KB2B PaymentsLevaData Eyes Procurement’s Slow March Toward Data Analytics
Enterprise digitization is beginning to see a troubling trend. While executives may understand the importance of key technologies like data analytics, artificial...
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2.9KB2B PaymentsValueSelling Eyes The Influences Of B2B Buying Behavior — Besides Amazon
The business-to-business (B2B) buying experience has changed; there’s no doubt about that. The business-to-consumer (B2C) commerce landscape has had a massive influence...
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3.2KB2B PaymentsUkraine Defends Cost Of eProcurement Project ProZorro
Ukrainian government officials are defending payments made to their digital procurement platform provider, following claims of wasted funds as detailed in the...
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4.6KB2B PaymentsAccenture Debuts Blockchain Procurement Solution In Thailand
Business services conglomerate Accenture is expanding its blockchain solution offerings with the development of a procurement platform launched in Thailand. The company...
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3.6KB2B PaymentsG2 Crowd On Avoiding The Costly Mistakes Of SaaS Procurement
Software company 1E raised eyebrows in 2016 when it released a report warning that businesses have wasted a collective $28 billion in...
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4.0KB2B PaymentsSoftware Procurement Plays Favorites With B2B Investors
Cybersecurity is likely to remain a favorite among B2B investors into the foreseeable future, so it’s no surprise that the industry landed...
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3.4KB2B PaymentsSievo Calls On Procurement To Broaden Analytics Horizons
They say “you’re biggest competitor is yourself.” In corporate finance, though, it may not pay to look at financial performance in isolated...
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2.7KB2B PaymentsKoble Reflects On What Trade Disputes Mean For B2B Matchmaking
Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts...
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4.1KB2B PaymentsUK Finance: Invoice Fraud A Threat To Business
Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of...
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2.0KInternationalUK’s Payment Systems Operator, NPSO, Details RFP Must-Haves
The New Payment System Operator (NPSO) announced on Monday (Sept. 24) the initial details for a new procurement process for the clearing...
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2.8KB2B PaymentsSuplari Customizes AI Analytics For Procurement Teams
Artificial intelligence (AI) firm Suplari is targeting the procurement and finance functions in the enterprise with its newest offering. The company announced...
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3.8KB2B PaymentsSAP Ariba Tapped To Digitize LATAM Cosmetics Supply Chain
SAP has been chosen by cosmetics company Grupo Boticário to digitize its cosmetics supply chain, reports said on Wednesday (Sept. 19). Based...
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3.6KB2B PaymentsUiPath Lands $3B Valuation For Robotics Process Automation Tech
A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will...
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2.3KB2B PaymentsGovernment Procurement Preps For No-Deal Brexit
The U.K. is making preparations in case a Brexit deal doesn’t go through by the March 2019 deadline. In July, Brussels rejected the U.K.’s proposals...
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4.7KB2B PaymentsAmazon B2B Seeks Dominance — But Grainger Isn’t Rolling Over
Amazon’s B2B business is growing up fast, as trade conflicts build and inject risks and threats into the larger industry landscape. Meanwhile,...
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4.2KB2B PaymentsSpend Analytics No Longer Enough For Procurement: Accrualify
Spend analytics has broken through as an essential part of corporate procurement strategies. Businesses need to know how much money they’ve spent,...
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4.3KB2B PaymentsIn New York, Late Payments Legislation Bows
New York, New York. If one can make It there ... they must be getting paid on time. Easier said than done where...
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3.0KB2B PaymentsB2B eCommerce Concerns Grow Amid Industrybuying Cuts
India-based B2B eCommerce company Industrybuying is reportedly shrinking its staff, unnamed sources told TechCircle on Friday (Sept. 7), raising concerns about the industry...
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2.4KB2B PaymentsCorporate Purchasing Takes Too Much Time, Says Soldo
Corporate expense management processes like filing expense reports and reimbursing employees are common time-wasters for businesses. But a new survey from expense...
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1.8KB2B PaymentsSoldo Eyes The Time-Wasting Strategies Of Expense Management
Inadequate expense management processes have businesses wasting time. Procuring goods and making one-off purchases is taking too long, says a new report...
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2.9KB2B PaymentsProcurement Jobs Remain Highly Tactical, Procurious Finds
A new survey from procurement and supply chain networking company Procurious suggests that procurement professionals’ jobs remain largely tactical, despite expectations for...
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2.6KB2B PaymentsTech Falls Short Of Procurement’s Expectations
Procurement’s digital transformation isn’t without its hiccups. Organizations are taking baby steps into eProcurement, digitizing supplier relationship portals, purchase orders, invoice management...
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3.9KB2B PaymentsWells Fargo Fires Employees Over Falsified Expense Reports
Fraud committed against enterprises hits firms large and small. Among the most noteworthy headlines this week, Wells Fargo’s latest scandal focuses on doctored...
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2.6KB2B PaymentsSignaPay Adds Financing, Procurement Features For Merchants
Payments processing company SignaPay is stepping up its presence within merchants’ back offices, introducing new features for businesses to manage finances. In...
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3.4KNewsFive At Five: New Amazon Payments Feature Rankles Some
Welcome to Five at Five, your late look at the day’s payments and conference news. Today’s coverage includes a look at why...
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2.4KB2B PaymentsHackett Research Links Procurement Digitization To Employee Retention
Companies in the midst of digitizing their procurement processes have another incentive to push forward. According to a new report from The...
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3.2KB2B PaymentsProcurement Digitization Doesn’t Have An Endgame
Organizations know by now that enhanced and efficient procure-to-pay processes can save money and boost efficiency. But how, and by how much?...
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1.1KB2B Payments
CPOs Struggle To Prove Themselves A Strategic Asset To The Enterprise
Chief procurement officers (CPO), like many members of the C-Suite, are embracing their evolving roles of greater strategic importance within the enterprise....
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2.3KB2B PaymentsThe C-Suite Sounds Off On Cyberthreats, Financial Goals
From chief procurement officers to chief executive officers, the C-Suite is vocal about what it expects for its businesses, and for the...
