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

Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?

Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
June 11, 2024  |  B2B Payments

Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance...

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Bamboo Rose Introduces Supplier Relationship Management Capabilities
Bamboo Rose Introduces Supplier Relationship Management Capabilities
June 06, 2024  |  Supply Chain

Bamboo Rose has added supplier relationship management (SRM) capabilities to its retail management platform. The new SRM capabilities joins the product lifecycle management (PLM) and...

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B2B Marketplaces Unlock New Opportunities for Commercial Procurement
B2B Marketplaces Unlock New Opportunities for Commercial Procurement
June 06, 2024  |  Supply Chain

The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has...

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Transforming Back-Office Functions Lets Firms Move Forward With Certainty
Transforming Back-Office Functions Lets Firms Move Forward With Certainty
May 10, 2024  |  B2B Payments

Innovation across the payments sector has taken off over the last decade. Driven by automation, speed, security and convenience, electronic payments advances are reshaping back-office...

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SourceDay and Medius Team on Procure-to-Pay Enhancements
SourceDay and Medius Team on Procure-to-Pay Enhancements
April 30, 2024  |  Accounts Payable

Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice...

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Iris Partners With Amazon Business on Procurement for UK Schools
Iris Partners With Amazon Business on Procurement for UK Schools
April 26, 2024  |  Partnerships

Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process.  This integration will...

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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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