Sections
procurement
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B2B PaymentsProcure-To-Pay Embraces Bakeries’ 24/7 Work Ethic
A baker’s working hours are anything but the ordinary nine-to-five. Making sure customers can get the freshest bread and pastries when the...
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B2B PaymentsScout RFP Partners With Suplari To Boost Business Spend Visibility
Scout RFP, which works in cloud-based sourcing and supplier engagement, has integrated with artificial intelligence (AI)-driven analytics platform Suplari in a bid...
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B2B PaymentsFrom T-Shirts To Face Masks: How Hanes Rallied Against A Global PPE Shortage
Clothing brand Hanes jumped from producing T-shirts to fighting the global personal protective equipment (PPE) shortage by manufacturing 200 million face coverings...
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B2B PaymentsWinning The Battle Against ‘Invoice Leakage’
The battle to keep costs down, and to keep bottom lines healthy, is waged every day by companies large and small, regardless...
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InvestmentsBrex Notches $150M To Advance Expense Management Tools
FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital,...
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B2B PaymentsCiti: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments
While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise...
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B2B PaymentsXeeva Enhances Procurement Spend Data Management
In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has...
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BlockchainIBM Aims To Streamline COVID-19 Supply Procurement Via Blockchain
To help government units and healthcare organizations discover non-traditional suppliers who have changed course to address the shortage of supplies needed for...
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B2B PaymentsThe B2B Contract Finds Its Strategic Role In Procure-To-Pay
Within complex supply chains, a single company is typically both a buyer and a supplier, part of a broader web of strategic...
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B2B PaymentsTradeshift Partners With Chain IQ To Optimize Indirect Spend
In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain...
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B2B PaymentsPublic Procurement Portal BuySpeed Fixes Cybersecurity Flaw
Procure-to-pay tool BuySpeed, which is used by government entities, was vulnerable to a zero-day, cross-site scripting flaw that has reportedly been resolved,...
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APIDeep Dive: How APIs Help B2B Sellers Cater To Clients’ Payment Preferences
The sizable B2B commerce economic sector is going digital, and more than 13 percent of the U.S.’s B2B transactions are expected to...
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B2B PaymentsUK Urges Higher Government P-Card Limits To Support Suppliers
The U.K. government, angling to jump-start the economy, is urging public entities to negotiate with procurement card providers to raise the limits...
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B2B PaymentsOverall Parts Solutions Mobilizes Procurement Platform
In a move that brings its OPSTrax parts procurement technology to Android and iOS devices, Overall Parts Solutions (OPS) has rolled out...
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B2B PaymentsGovernment Entities Face An eProcurement Wake-Up Call
The U.S. economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing...
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B2B PaymentsZycus Expands Procure-To-Pay Automation With AI
Zycus, which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series...
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B2B PaymentsHow Data Guides A New Era For The ERP
The enterprise resource planning (ERP) system has been a staple of corporate finance operations for years, acting as a central repository of...
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B2B PaymentsCoronavirus’s Potential To Change Healthcare Supply Chains Forever
Hand sanitizer shortages. Face mask counterfeiting. And some of the most dramatic disruptions in supply chains around the world. The coronavirus continues...
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B2B PaymentsFunding Societies Adds Financing To SGeBIZ Procurement Platform
Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers,...
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Spend ManagementBasware Revamps eProcurement Interface
The Finnish electronic invoicing and source-to-pay firm Basware has launched an updated edition of Basware Purchase to help its business clients boost...
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B2B PaymentsAccenture Introduces Blockchain Procurement Solution
Accenture has a blockchain solution that just went live, according to a press release. The company said it works with many suppliers...
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InvestmentsSupplier Network Co scoutbee Gets $60M In Series B Round
Supplier discovery platform scoutbee has raised $60 million in a series B funding round led by Atomico, with Lakestar, Next47, HV Holtzbrinck...
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B2B PaymentsBasware Shifts SMB Procurement Tech Into New Business Unit
Electronic procurement solution provider Basware has announced the formation of a new business unit to offer small and medium-sized businesses its procure-to-pay...
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B2B PaymentsThe Shelby Group, Equiteq Team Up On Investment
Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group, an eProcurement transformation and optimization consulting firm, on...
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B2B PaymentsProcurement AI Tackles The Drawbacks Of Sluggish ePayments Adoption
Enterprise digitization continues to ramp up the availability of data, and open up new opportunities for in-depth analysis of that information. However,...
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B2B PaymentsThe Uncertain Future Of Amazon’s B2B Influence
The behemoth that is Amazon has not limited its sphere of influence to the consumer shopping arena. As personal buying habits proliferate...
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B2B PaymentsAnomali Identifies Scam To Steal Gov’t Procurement Site Credentials
An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The targets...
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B2B PaymentsClosing The SMB Receivables Gap
The awkward balancing act of trade credits – do the work, ship the merchandise on good faith, hope to get paid sooner...
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B2B PaymentsBasware Integrates Solutions With SAP App Center
Source-to-pay solution provider Basware now offers its business automation resources on the SAP App Center, the digital marketplace for systems applications and...
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B2B PaymentsGoExpedi Lands $25M For B2B eCommerce Technology
B2B eCommerce and supply chain management platform GoExpedi has announced a $25 million funding round led by Top Tier Capital Partners. CSL...
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B2B PaymentsBasware Enhances Vendor Sourcing In B2B Marketplace
Electronic invoicing and source-to-pay company Basware has introduced new features into its Marketplace eProcurement offering, the company said on Tuesday (Nov. 19)....
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B2B PaymentsWorkday To Expand Procure-To-Pay Via Scout RFP Acquisition
Workday is going to acquire cloud-based procurement and e-software company Scout RFP for $540 million, according to reports. Based in San Francisco,...
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B2B PaymentsFiserv: Optimizing Both Sides Of A B2B Transaction
Billing and payments are processes that touch the financial lives of every consumer and business. With FinTech innovation yielding more choices than...
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B2B PaymentsHow Smaller Grocers Are Keeping Pace With Big Food Industry Changes
Food is big business. Industry conglomerates like Kroger, Walmart and Amazon are driving innovation in the grocery space, embracing eCommerce and diving...
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B2B PaymentsChina B2B FinTech Nabs The Venture Capital Spotlight
U.K. challenger banks Tide and Starling Bank ramped up their competition once again as the two rivals each announced new funding. Yet,...
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ResTechWhere Restaurants Now Look To Boost Margins, Drive More Sales
The back-end operations of a restaurant are not for the faint of heart. In come slabs of meat, crates of vegetable and...
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B2B PaymentsInvestors Back Different Points Of The Procure-To-Pay Ecosystem
It was a week of (mostly) Series A funding rounds for B2B FinTech firms, as startups secured new funding to tackle various...
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B2B PaymentsIBM Ties Analytics Into LevaData Procurement Spend Analysis
Supply chain and procurement optimization solution provider LevaData is collaborating with IBM to augment its data analytics capabilities, the firms said in...
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Mobile CommerceHow To AI: Cognitive Sourcing Meets The Supply Chain
On a perfect day, when everything goes exactly to plan, managing a supply chain is no easy task — particularly when procurement...
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B2B PaymentsNeutralizing The Clash Of The B2B Buyer And Supplier Titans
How to avoid the friction that comes when buyers want to pay as late as possible, and suppliers want to get paid...
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B2B PaymentsLA Metro Vendor Dispute Highlights Public Contract Challenges
A dispute between Los Angeles County officials and a major bus supplier is shedding light on the challenges of government contracts with...
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B2B PaymentsUBS: Amazon’s Presence In Healthcare Procurement Waning
Fewer purchasing managers in the healthcare industry are procuring goods from Amazon, according to a new survey by UBS Group and reported...
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B2B PaymentsJAGGAER Hits $1.5B Valuation In Deal With Cinven
European private equity firm Cinven has taken a stake in eProcurement technology firm JAGGAER that is said to value the company at...
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B2B PaymentsTradeshift Enables Employee Virtual Cards On Demand
Supply chain payments firm Tradeshift is expanding capabilities for companies to manage employee spend with Tradeshift Go 2.0, the company announced Monday (July...
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B2B PaymentsStrategic Procurement Casts A Wider Data-Capture Net
B2B FinTech has made leaps and bounds in the world of procurement, enabling large enterprises to automate a significant portion of their...
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B2B PaymentsStrategic Sourcing Evolves Beyond Better Prices
Elevated from its position as merely a point through which money exits the enterprise, the procurement function is quickly becoming a strategic...
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B2B PaymentsThe Public Sector Takes The Lead On eProcurement
Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s...
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B2B PaymentsConnecting The Procurement Dots, From Purchase Order To Payment
Driving efficiency in accounts payable (AP) can stem from an array of efforts. Adopting electronic payments and getting rid of paper checks...
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B2B PaymentsIs Digital The Best Defense Against Trade Finance Fraud?
There are trillions of dollars at stake when it comes to trade finance fraud, and a senior OCBC Bank MD urges firms...
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B2B PaymentsKraft Heinz Uncovers Employee Procurement Misconduct
U.S. food giant Kraft Heinz continues to address issues related to claims of procurement misconduct after the Securities and Exchange Commission (SEC)...
