procurement

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement generally involves making buying decisions under conditions of scarcity.

Source: en.wikipedia.org

Axya Raises $12 Million to Expand AI Procurement Platform

Axya Raises $12 Million to Expand AI Procurement Platform
Axya Raises $12 Million to Expand AI Procurement Platform
September 24, 2026  |  Artificial Intelligence

Procurement platform Axya raised 17 million Canadian dollars (about $12 million) in new funding, according to a Thursday (Sept. 24) press release provided to PYMNTS....

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AI Agents Take the Controls in Supply Chains
AI Agents Take the Controls in Supply Chains
September 21, 2026  |  Artificial Intelligence

Global supply chains have always been the operating system of the modern economy. They determine how food reaches supermarkets, how medicines arrive at hospitals, how...

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When Supply Chain Risk Hits, CFOs With Receipts Move First
When Supply Chain Risk Hits, CFOs With Receipts Move First
September 01, 2026  |  B2B Payments

The three words “supply chain compliance” have typically been more likely to inspire yawns than cross-border growth strategies when brought up by enterprise chief financial...

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Freightos Shows the AI Freight Payoff Starts With Transactions
Freightos Shows the AI Freight Payoff Starts With Transactions
August 17, 2026  |  Earnings

Global freight is becoming more digital, and it’s happening just in time for artificial intelligence. Get the Full Story Complete the form to unlock this...

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House Passes Federal Tech Procurement Bill Without Senate Backing
House Passes Federal Tech Procurement Bill Without Senate Backing
July 21, 2026  |  Legal & Regulation

The House passed a bill Monday (July 20) that its supporters said would improve federal technology procurement. Get the Full Story Complete the form to...

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The New Procurement Edge Isn’t Lower Cost. It’s Earlier Warning
The New Procurement Edge Isn’t Lower Cost. It’s Earlier Warning
July 07, 2026  |  Shipping

The old question in B2B logistics was simple: How fast can the shipment get there? Get the Full Story Complete the form to unlock this...

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The Invoice Becomes the Shopping Cart in B2B Payments
The Invoice Becomes the Shopping Cart in B2B Payments
July 01, 2026  |  B2B Payments

Businesses sent roughly 560 billion invoices in 2024. Fewer than a quarter were electronic. The rest were paper, or PDFs that may as well be...

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Big Tech Is Rewriting Procurement. The Rest of B2B Is Next
Big Tech Is Rewriting Procurement. The Rest of B2B Is Next
June 26, 2026  |  B2B Payments

Corporate procurement has long been measured by one simple question: Did you negotiate the lowest price? Get the Full Story Complete the form to unlock...

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