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

Winning The Battle Against ‘Invoice Leakage’
Winning The Battle Against ‘Invoice Leakage’
May 20, 2020  |  B2B Payments

The battle to keep costs down, and to keep bottom lines healthy, is waged every day by companies large and small, regardless of the verticals...

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Brex Notches $150M To Advance Expense Management Tools
Brex Notches $150M To Advance Expense Management Tools
May 19, 2020  |  Investments

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in...

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments
Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments
May 13, 2020  |  B2B Payments

While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion...

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Xeeva Enhances Procurement Spend Data Management
Xeeva Enhances Procurement Spend Data Management
April 28, 2020  |  B2B Payments

In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has put significant enhancements...

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IBM Aims To Streamline COVID-19 Supply Procurement Via Blockchain
IBM Aims To Streamline COVID-19 Supply Procurement Via Blockchain
April 27, 2020  |  Blockchain

To help government units and healthcare organizations discover non-traditional suppliers who have changed course to address the shortage of supplies needed for COVID-19 relief efforts, IBM unveiled...

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The B2B Contract Finds Its Strategic Role In Procure-To-Pay
The B2B Contract Finds Its Strategic Role In Procure-To-Pay
April 20, 2020  |  B2B Payments

Within complex supply chains, a single company is typically both a buyer and a supplier, part of a broader web of strategic B2B relationships. With...

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Tradeshift Partners With Chain IQ To Optimize Indirect Spend
Tradeshift Partners With Chain IQ To Optimize Indirect Spend
April 15, 2020  |  B2B Payments

In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain IQ, according to...

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Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw
Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw
April 09, 2020  |  B2B Payments

Procure-to-pay tool BuySpeed, which is used by government entities, was vulnerable to a zero-day, cross-site scripting flaw that has reportedly been resolved, SC Media reported....

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Deep Dive: How APIs Help B2B Sellers Cater To Clients’ Payment Preferences
Deep Dive: How APIs Help B2B Sellers Cater To Clients’ Payment Preferences
April 09, 2020  |  API

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