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 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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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UK Urges Higher Government P-Card Limits To Support Suppliers
UK Urges Higher Government P-Card Limits To Support Suppliers
April 06, 2020  |  B2B Payments

The U.K. government, angling to jump-start the economy, is urging public entities to negotiate with procurement card providers to raise the limits on what can...

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Overall Parts Solutions Mobilizes Procurement Platform
Overall Parts Solutions Mobilizes Procurement Platform
April 02, 2020  |  B2B Payments

In a move that brings its OPSTrax parts procurement technology to Android and iOS devices, Overall Parts Solutions (OPS) has rolled out TraxMobile, according to...

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Government Entities Face An eProcurement Wake-Up Call
Government Entities Face An eProcurement Wake-Up Call
March 26, 2020  |  B2B Payments

The U.S. economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. Get...

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Zycus Expands Procure-To-Pay Automation With AI
Zycus Expands Procure-To-Pay Automation With AI
March 05, 2020  |  B2B Payments

Zycus, which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from...

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How Data Guides A New Era For The ERP
How Data Guides A New Era For The ERP
March 04, 2020  |  B2B Payments

The enterprise resource planning (ERP) system has been a staple of corporate finance operations for years, acting as a central repository of data and a...

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