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

Digital Platforms Reduce Costs and Risk of Business Payments

Digital Platforms Reduce Costs and Risk of Business Payments
Digital Platforms Reduce Costs and Risk of Business Payments
April 11, 2023  |  B2B Payments

It’s a new go-to-market landscape with a new set of rules for B2B players. Modern B2B marketplace platforms are helping reshape how organizations of all...

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Spendflo Raises $11 Million for SaaS Procurement and Management Platform
Spendflo Raises $11 Million for SaaS Procurement and Management Platform
April 04, 2023  |  Investments

Spendflo has raised $11 million for its platform for buying, managing and securing software-as-a-service (SaaS). The firm will use the new funding from this Series...

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Smoother Logistics Among Top Priorities for Business Upgrades
Smoother Logistics Among Top Priorities for Business Upgrades
March 23, 2023  |  Supply Chain

Businesses throughout the economy felt the pain of pandemic-induced supply chain breakdowns. Now, those same businesses are increasingly investing in upgrades to make sure disruptions...

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Aramco and DHL Supply Chain Are Building Procurement and Logistics Hub
Aramco and DHL Supply Chain Are Building Procurement and Logistics Hub
March 20, 2023  |  Supply Chain

Aramco and DHL Supply Chain are building a procurement and logistics hub in Saudi Arabia. The new hub will provide integrated procurement and supply chain...

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Global Trade’s Future Is Being Reshaped by Adaptive B2B Technologies
Global Trade’s Future Is Being Reshaped by Adaptive B2B Technologies
March 20, 2023  |  B2B Payments

Streamlining B2B processes and solving historical problems has never been more important, or more possible. This, as current macroclimate headwinds and the state of global...

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Modernizing Healthcare Procurement Can Be a Matter of Life and Death
Modernizing Healthcare Procurement Can Be a Matter of Life and Death
March 15, 2023  |  Healthcare

The pandemic kick-started a wave of short-term procurement solutions across industries as businesses struggled to stay afloat. For medical centers and other healthcare-related businesses, lockdowns...

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Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
Most Manufacturers and Retailers Say Digitizing Procurement Will Modernize Global Supply Chains
March 15, 2023  |  Supply Chain

The old saying holds true: Chains are only as strong as their weakest links. And that’s especially true of supply chains, where disruptions during the...

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Manufacturers’ Procurement Modernization Drives Innovations in Purchase Order Finance
Manufacturers’ Procurement Modernization Drives Innovations in Purchase Order Finance
March 13, 2023  |  B2B Payments

Purchase orders, an often-overlooked step in the procurement process, is receiving renewed focus as companies seek to modernize their systems. As supply chain pressures begin...

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