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

Payments Innovation, Gig Economy Drive Procurement Digitization
Payments Innovation, Gig Economy Drive Procurement Digitization
January 28, 2019  |  B2B Payments

In the past, procurement teams have had to fight to prove their operations are more than a cost center for their businesses. Digitization and automation...

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Compliance Execs Forge Closer Ties With Corporate Buyers
Compliance Execs Forge Closer Ties With Corporate Buyers
January 24, 2019  |  B2B Payments

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’...

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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age
Blockchain Tries To Jolt B2B eCommerce Into The Digital Age
January 18, 2019  |  B2B Payments

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic can be an...

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Certify Enters Procure-To-Pay Market
Certify Enters Procure-To-Pay Market
January 18, 2019  |  B2B Payments

Corporate expense management company Certify is stepping into the procure-to-pay arena with the launch of Certify Purchasing, announced Thursday (Jan. 17). Get the Full Story...

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Government Suppliers To See A Few Changes Post-Brexit
Government Suppliers To See A Few Changes Post-Brexit
January 16, 2019  |  B2B Payments

In a historic defeat, U.K. Prime Minister Theresa May saw a dramatic rejection of her Brexit deal on Tuesday (Jan. 15), adding renewed uncertainty as...

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Healthcare’s CIOs Are Losing Their Purchasing Power
Healthcare’s CIOs Are Losing Their Purchasing Power
January 14, 2019  |  B2B Payments

Worldwide enterprise investment in IT is slated to reach $3.7 trillion, according to 2017 Gartner statistics, marking the fastest growth rate in a decade. Get...

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For Charter Schools, A Workforce Spend Tutorial
For Charter Schools, A Workforce Spend Tutorial
December 18, 2018  |  Spend Management

Public charter schools operate independently from traditional public schools — but with this autonomy, says Marco Rafanelli of BuyQ, comes less purchasing power and greater...

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US Air Force Launches SMB IT Procurement Program
US Air Force Launches SMB IT Procurement Program
December 06, 2018  |  B2B Payments

The United States Air Force is implementing a new program designed to promote procurement of goods and services from the small business community. Get the...

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Corcentric Lands Financing For M&A Expansion
Corcentric Lands Financing For M&A Expansion
December 05, 2018  |  B2B Payments

Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion. A press release...

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