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

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...

READ MORE >
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? The advent of artificial intelligence and the uncertainty of...

READ MORE >
Walmart Business Targets the Invisible Work Slowing Small Business Down
Walmart Business Targets the Invisible Work Slowing Small Business Down
June 25, 2026  |  SMBs

Running a small business can take up a big chunk of its owner’s time. Even something as simple as ordering the breakroom snacks each month...

READ MORE >
The New Procurement Question Isn’t Cost. It’s Cash
The New Procurement Question Isn’t Cost. It’s Cash
June 24, 2026  |  B2B Payments

Rising rates and working capital pressures are giving the corporate org chart a makeover. And it’s forcing the procurement and treasury functions together as finance...

READ MORE >
Suppliers Rewrite the B2B Playbook as AI Makes Buyers Smarter
Suppliers Rewrite the B2B Playbook as AI Makes Buyers Smarter
May 28, 2026  |  B2B Payments

Digital transformation and now artificial intelligence were supposed to make enterprise buying resemble consumer commerce: frictionless, automated and self-directed. That prediction turned out to be...

READ MORE >
Pivot Secures $40 Million to Challenge Legacy Procurement Software
Pivot Secures $40 Million to Challenge Legacy Procurement Software
May 21, 2026  |  Artificial Intelligence

Pivot, a software startup developing artificial intelligence for corporate procurement, has raised $40 million in a Series B funding round, the company announced Thursday (May...

READ MORE >
Ramp Launches AI Agents to Automate Corporate Procurement
Ramp Launches AI Agents to Automate Corporate Procurement
April 29, 2026  |  B2B Payments

Ramp has added a fleet of artificial intelligence (AI) agents to its procurement platform. The new agents can triage employee requests, source vendors, review contract...

READ MORE >
The $1.8 Billion One-Man AI Company and the Future of B2B Procurement
The $1.8 Billion One-Man AI Company and the Future of B2B Procurement
April 07, 2026  |  B2B Payments

A new class of business, powered by a new class of technology, is beginning to challenge assumptions around organizational scale and complexity. Take, for example,...

READ MORE >
How AI Killed Information Asymmetry in B2B Procurement
How AI Killed Information Asymmetry in B2B Procurement
March 30, 2026  |  Artificial Intelligence

Artificial intelligence (AI) is transforming sales across the B2B ecosystem, but not the way companies think. While CEOs talk about AI’s impact across automated outreach,...

READ MORE >