Sections
procurement
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1.4KB2B 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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1.7KB2B 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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1.9KB2B 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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2.6KB2B 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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2.0KB2B 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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2.3KB2B 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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4.5KB2B 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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3.6KB2B 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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1.7KB2B 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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2.7KB2B 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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9.7KB2B 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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2.8KB2B 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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4.2KB2B 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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9.6KResTechWhere 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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3.7KB2B 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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3.0KB2B 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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6.1KMobile 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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4.1KB2B 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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2.7KB2B 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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2.6KB2B 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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3.5KB2B 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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2.6KB2B 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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2.5KB2B 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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2.7KB2B 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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3.3KB2B 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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3.2KB2B 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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3.3KB2B 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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3.4KB2B 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)...
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3.3KB2B PaymentsConstruction Ponders The Equipment Rent-Versus-Buy Dilemma
Confidence in the equipment finance industry has dropped in recent weeks, new data from the Equipment Leasing and Finance Foundation revealed. While equipment...
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3.3KB2B PaymentsGovQuote Links Government Suppliers To BlueVine Financing
Small business financing platform BlueVine is teaming up with government procurement solutions portal GovQuote to connect government vendors with working capital solutions....
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3.5KB2B PaymentsProcurement Execs Brace For USMCA Impact
In the wake of the United States-Mexico-Canada (USMCA) trade agreement (the framework that outlines trade tariffs between the U.S., Mexico and Canada), analysts...
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4.6KB2B PaymentsProcure-To-Pay’s Tax Conundrum
Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase...
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4.6KB2B PaymentsUK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to...
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3.8KB2B PaymentsCourt Ruling Reveals Complexities Of SMB Government Contracts
The U.S. General Services Administration (GSA) has been forced to throw out $15 billion worth of IT service contracts with small businesses (SMBs)...
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6.2KB2B PaymentsB2B FinTech Tackles The Nuanced Challenges Of Marijuana — Beyond Banking
The legal cannabis market continues to reach new milestones, the latest being the launch of the industry’s first commodity trading desk —...
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3.7KB2B PaymentsBasware Launches Approval Confidence Index To Its Procurement Tech
Electronic invoicing firm Basware announced that it has added a machine learning-enabled, predictive capability to its procurement technology. The idea for its Approval...
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4.6KB2B PaymentsPunchOut2Go Launches New Extensions For Magento Marketplace
PunchOut2Go has announced the launch of its new PunchOut for Magento Marketplace extensions for Magento 1 and Magento 2. The company specializes in...
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4.1KB2B PaymentsTurning Industrial Procurement Into A Well-Oiled Machine
It’s become a cliché too often heard today in the B2B space: Procurement should evolve into an experience that mirrors a consumer...
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4.4KB2B PaymentsSEC Probes Heinz Over Procurement Accounting
Kraft Heinz saw its market value plummet by about $17 billion on Friday (Feb. 22), after posting a $15 billion write-down on...
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4.7KB2B 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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10.3KB2B 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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4.7KB2B 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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6.0KB2B 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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5.7KB2B 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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4.6KB2B 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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6.8KB2B 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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9.9KB2B 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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4.5KB2B 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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4.0KB2B 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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5.2KB2B 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...
