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

Hackett Research Links Procurement Digitization To Employee Retention
Hackett Research Links Procurement Digitization To Employee Retention
August 22, 2018  |  B2B Payments

Companies in the midst of digitizing their procurement processes have another incentive to push forward. According to a new report from The Hackett Group, procurement...

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Procurement Digitization Doesn’t Have An Endgame
Procurement Digitization Doesn’t Have An Endgame
August 22, 2018  |  B2B Payments

Organizations know by now that enhanced and efficient procure-to-pay processes can save money and boost efficiency. But how, and by how much? A new report...

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CPOs Struggle To Prove Themselves A Strategic Asset To The Enterprise
CPOs Struggle To Prove Themselves A Strategic Asset To The Enterprise
August 09, 2018  |  B2B Payments

Chief procurement officers (CPO), like many members of the C-Suite, are embracing their evolving roles of greater strategic importance within the enterprise. But a new...

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The C-Suite Sounds Off On Cyberthreats, Financial Goals
The C-Suite Sounds Off On Cyberthreats, Financial Goals
August 06, 2018  |  B2B Payments

From chief procurement officers to chief executive officers, the C-Suite is vocal about what it expects for its businesses, and for the economy at large....

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Spend Analytics’ Real-Time Visibility Problem
Spend Analytics’ Real-Time Visibility Problem
July 19, 2018  |  B2B Payments

They say money talks, and if the procurement function is to show its strategic value to the enterprise, savings have to reach the bottom line....

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Amazon’s Government Procurement Contracts Spawn Criticism
Amazon’s Government Procurement Contracts Spawn Criticism
July 12, 2018  |  B2B Payments

The U.S. government is increasing its use of eMarketplaces like Amazon for procurement at the local and federal levels, but Amazon’s government contracts are raising...

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Showpad Adds Apple Augmented Reality Tech For B2B eCommerce
Showpad Adds Apple Augmented Reality Tech For B2B eCommerce
July 11, 2018  |  B2B Payments

B2B sales solutions provider Showpad is launching what it claims to be the industry’s first augmented reality (AR) solution designed to help suppliers demonstrate products...

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Before AI Disruption, Procurement Leaders Say It’s Back To Basics
Before AI Disruption, Procurement Leaders Say It’s Back To Basics
July 09, 2018  |  B2B Payments

For a few years now, the procurement department has earned rising attention for its potential to become a strategic component of the enterprise — not...

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Smaller Firms Targeted For Big Hauls By Payments Fraudsters
Smaller Firms Targeted For Big Hauls By Payments Fraudsters
July 05, 2018  |  B2B Payments

Size matters when it comes to payments fraud, it seems.  Recent stories show local companies targeted for big payouts, done through fake invoices, and of...

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