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)

Payflows Raises $26 Million for All-In-One Finance Platform
Payflows Raises $26 Million for All-In-One Finance Platform
April 22, 2024  |  Investments

French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22),...

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Why the World’s Biggest Buyer Relies on Online B2B Marketplaces
Why the World’s Biggest Buyer Relies on Online B2B Marketplaces
April 19, 2024  |  B2B Payments

Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S....

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Spendesk Adds Procurement to Spend Management Platform With Okko Acquisition
Spendesk Adds Procurement to Spend Management Platform With Okko Acquisition
April 09, 2024  |  Acquisitions

Spendesk has acquired Okko to integrate procurement and spend management for mid-sized businesses into its existing spend management platform. With this acquisition, Spendesk advances its strategy of...

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Zip Adds Enterprise Capabilities to Procurement Orchestration Platform
Zip Adds Enterprise Capabilities to Procurement Orchestration Platform
April 03, 2024  |  B2B Payments

Zip has added new enterprise capabilities to its intake and procurement orchestration platform and intake-to-pay suite. This new suite of capabilities called Zip Premier is...

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Amazon Business Enters 10th Market With Mexico Launch
Amazon Business Enters 10th Market With Mexico Launch
March 14, 2024  |  Amazon

Amazon Business says it is bringing its procurement services to Mexico. The launch, announced Wednesday (March 13), makes Mexico the 10th country where Amazon Business...

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Airbase Appoints Forrester Veteran Mathew Schulz to Procurement Role
Airbase Appoints Forrester Veteran Mathew Schulz to Procurement Role
February 14, 2024  |  Personnel

Airbase has appointed Mathew Schulz from Forrester as its new vice president of procurement strategy. When announcing the appointment, the provider of procure-to-pay solutions highlighted Schulz’s experience and track record...

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Ramp Acquires Venue and Enhances Procurement Product
Ramp Acquires Venue and Enhances Procurement Product
January 30, 2024  |  Acquisitions

Ramp, a finance automation platform, acquired Venue, a procurement startup backed by Sequoia Capital. The strategic move expands Ramp’s procurement capabilities and marks an expansion...

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Dollar General Taps AI Produce Ordering as Grocers Automate Procurement
Dollar General Taps AI Produce Ordering as Grocers Automate Procurement
January 29, 2024  |  Artificial Intelligence

Dollar General is using artificial intelligence to optimize its fresh produce buying, as across the grocery industry, retailers are tapping automated solutions to improve their...

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Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

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