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

Connecting The Procurement Dots, From Purchase Order To Payment

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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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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