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
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? The advent of artificial intelligence and the uncertainty of...

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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...

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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...

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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...

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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...

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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...

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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,...

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