Sections
procurement
-
2.0KB2B 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,...
-
6.8KB2B 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...
-
2.2KB2B 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...
-
3.3KB2B 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,...
-
5.3KResTechWhere 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...
-
2.8KB2B 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...
-
2.5KB2B 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...
-
4.6KMobile 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...
-
3.6KB2B 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...
-
2.4KB2B 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...
-
2.5KB2B 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...
-
3.0KB2B 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...
-
2.3KB2B 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...
-
2.2KB2B 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...
-
2.3KB2B 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...
-
3.0KB2B 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...
-
2.7KB2B 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...
-
3.0KB2B 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...
-
3.0KB2B 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)...
-
3.0KB2B 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...
-
3.1KB2B 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....
-
3.3KB2B 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...
-
4.3KB2B 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...
-
4.4KB2B 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...
-
3.5KB2B 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)...
-
6.0KB2B 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 —...
-
3.5KB2B 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...
-
4.4KB2B 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...
-
3.9KB2B 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...
-
4.2KB2B 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...
-
4.4KB2B 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...
-
10.0KB2B 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....
-
4.3KB2B 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....
-
5.7KB2B 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...
-
5.4KB2B 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...
-
4.4KB2B 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....
-
6.4KB2B 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...
-
9.4KB2B 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...
-
4.4KB2B 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...
-
3.8KB2B 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...
-
5.0KB2B 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...
-
2.4KSpend 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...
-
4.8KB2B 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...
-
4.5KB2B 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....
-
3.3KB2B 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....
-
6.7KB2B 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,...
-
5.3KB2B 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...
-
4.0KB2B 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...
-
4.3KB2B 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...
-
4.3KB2B 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,...
