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
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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