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

Is Digital The Best Defense Against Trade Finance Fraud?
Is Digital The Best Defense Against Trade Finance Fraud?
May 10, 2019  |  B2B Payments

There are trillions of dollars at stake when it comes to trade finance fraud, and a senior OCBC Bank MD urges firms to go digital...

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Kraft Heinz Uncovers Employee Procurement Misconduct
Kraft Heinz Uncovers Employee Procurement Misconduct
May 07, 2019  |  B2B Payments

U.S. food giant Kraft Heinz continues to address issues related to claims of procurement misconduct after the Securities and Exchange Commission (SEC) subpoenaed the company....

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Construction Ponders The Equipment Rent-Versus-Buy Dilemma
Construction Ponders The Equipment Rent-Versus-Buy Dilemma
April 25, 2019  |  B2B Payments

Confidence in the equipment finance industry has dropped in recent weeks, new data from the Equipment Leasing and Finance Foundation revealed. While equipment finance may seem...

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GovQuote Links Government Suppliers To BlueVine Financing
GovQuote Links Government Suppliers To BlueVine Financing
April 24, 2019  |  B2B Payments

Small business financing platform BlueVine is teaming up with government procurement solutions portal GovQuote to connect government vendors with working capital solutions. Get the Full...

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Procurement Execs Brace For USMCA Impact
Procurement Execs Brace For USMCA Impact
April 22, 2019  |  B2B Payments

In the wake of the United States-Mexico-Canada (USMCA) trade agreement (the framework that outlines trade tariffs between the U.S., Mexico and Canada), analysts predict long-term impacts...

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Procure-To-Pay’s Tax Conundrum
Procure-To-Pay’s Tax Conundrum
April 10, 2019  |  B2B Payments

Corporates’ biggest procure-to-pay challenges often center around the friction of streamlining data flows and the movement of money, from sourcing and purchase order submission to...

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UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
April 05, 2019  |  B2B Payments

 In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while...

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Court Ruling Reveals Complexities Of SMB Government Contracts
Court Ruling Reveals Complexities Of SMB Government Contracts
April 03, 2019  |  B2B Payments

The U.S. General Services Administration (GSA) has been forced to throw out $15 billion worth of IT service contracts with small businesses (SMBs) issued last year,...

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B2B FinTech Tackles The Nuanced Challenges Of Marijuana — Beyond Banking
B2B FinTech Tackles The Nuanced Challenges Of Marijuana — Beyond Banking
April 02, 2019  |  B2B Payments

The legal cannabis market continues to reach new milestones, the latest being the launch of the industry’s first commodity trading desk — with the latest...

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