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)

Fairmarkit and Amazon Business Collaborate to Streamline Procurement for Enterprises
Fairmarkit and Amazon Business Collaborate to Streamline Procurement for Enterprises
August 24, 2023  |  Partnerships

Autonomous sourcing solution provider Fairmarkit has partnered with Amazon Business to streamline the procurement process for enterprise companies. This collaboration will provide seamless access to an extensive network of...

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Settle Introduces Purchasing Solution for Founders of eCommerce Businesses
Settle Introduces Purchasing Solution for Founders of eCommerce Businesses
August 02, 2023  |  B2B Payments

Settle has introduced a purchasing and procurement solution designed for founders of eCommerce businesses. The new Settle Purchasing suite of tools automates bill pay, purchase...

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Shopify Picks Ramp as Its Expense Management Provider
Shopify Picks Ramp as Its Expense Management Provider
August 01, 2023  |  Commercial Payments

Finance automation platform Ramp says Shopify has chosen it to provide expense management expertise. And in turn, the company announced Tuesday (Aug. 1) Ramp has used the guidance of Shopify...

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Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
Over Half of Retailers and Manufacturers Investing to Modernize Procurement Processes
July 31, 2023  |  Digital Payments

Here on the other side of the pandemic, industry verticals that are modernizing through digital payments transformation are seeing the payoffs across functions including accounts...

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Company Data Silos Hinder Spend Management Success
Company Data Silos Hinder Spend Management Success
July 11, 2023  |  B2B Payments

There exists one golden rule of business operations: Any process can be streamlined. And quite frequently, it can be combined with other operations for a...

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Why Old Accounts Receivable Systems Cost Firms New Business
Why Old Accounts Receivable Systems Cost Firms New Business
June 30, 2023  |  B2B Payments

There’s a reason that business processes get the “consumer” treatment, not the other way around. And it isn’t just because the cart can’t drive the...

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Amazon Gives Merchants Free Business Prime Duo Access
Amazon Gives Merchants Free Business Prime Duo Access
June 27, 2023  |  Amazon

Amazon Business says it wants to give small business owners an easier buying experience. To that end, the retail giant’s B2B procurement store announced Tuesday...

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PayEm Integrates Spend Management and Procurement Platform With American Express
PayEm Integrates Spend Management and Procurement Platform With American Express
June 21, 2023  |  B2B Payments

PayEm has integrated its global spend management and procurement platform with American Express. This integration allows American Express Corporate and Business Card Members to use their existing account and...

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Corcentric Raises $315 Million Credit Facility to Grow Procurement Solution
Corcentric Raises $315 Million Credit Facility to Grow Procurement Solution
June 13, 2023  |  B2B Payments

Procurement and billing solutions firm Corentric has raised $315 million in capital. The funds, announced Tuesday (June 13), are in the form of a $250...

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