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

Neutralizing The Clash Of The B2B Buyer And Supplier Titans
Neutralizing The Clash Of The B2B Buyer And Supplier Titans
September 12, 2019  |  B2B Payments

How to avoid the friction that comes when buyers want to pay as late as possible, and suppliers want to get paid right now?  Brandon...

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LA Metro Vendor Dispute Highlights Public Contract Challenges
LA Metro Vendor Dispute Highlights Public Contract Challenges
August 12, 2019  |  B2B Payments

A dispute between Los Angeles County officials and a major bus supplier is shedding light on the challenges of government contracts with vendors that require...

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UBS: Amazon’s Presence In Healthcare Procurement Waning
UBS: Amazon’s Presence In Healthcare Procurement Waning
July 11, 2019  |  B2B Payments

Fewer purchasing managers in the healthcare industry are procuring goods from Amazon, according to a new survey by UBS Group and reported by on Bloomberg...

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JAGGAER Hits $1.5B Valuation In Deal With Cinven
JAGGAER Hits $1.5B Valuation In Deal With Cinven
July 10, 2019  |  B2B Payments

European private equity firm Cinven has taken a stake in eProcurement technology firm JAGGAER that is said to value the company at about $1.5 billion....

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Tradeshift Enables Employee Virtual Cards On Demand
Tradeshift Enables Employee Virtual Cards On Demand
July 02, 2019  |  B2B Payments

Supply chain payments firm Tradeshift is expanding capabilities for companies to manage employee spend with Tradeshift Go 2.0, the company announced Monday (July 1). Get the...

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Strategic Procurement Casts A Wider Data-Capture Net
Strategic Procurement Casts A Wider Data-Capture Net
June 19, 2019  |  B2B Payments

B2B FinTech has made leaps and bounds in the world of procurement, enabling large enterprises to automate a significant portion of their purchasing processes. Strategic...

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Strategic Sourcing Evolves Beyond Better Prices
Strategic Sourcing Evolves Beyond Better Prices
June 18, 2019  |  B2B Payments

Elevated from its position as merely a point through which money exits the enterprise, the procurement function is quickly becoming a strategic component of corporates...

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The Public Sector Takes The Lead On eProcurement
The Public Sector Takes The Lead On eProcurement
June 10, 2019  |  B2B Payments

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following...

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Connecting The Procurement Dots, From Purchase Order To Payment
Connecting The Procurement Dots, From Purchase Order To Payment
May 28, 2019  |  B2B Payments

Driving efficiency in accounts payable (AP) can stem from an array of efforts. Adopting electronic payments and getting rid of paper checks is certainly one...

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