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

Basware Launches Approval Confidence Index To Its Procurement Tech

Basware Launches Approval Confidence Index To Its Procurement Tech
Basware Launches Approval Confidence Index To Its Procurement Tech
April 01, 2019  |  B2B Payments

Electronic invoicing firm Basware announced that it has added a machine learning-enabled, predictive capability to its procurement technology. The idea for its Approval Confidence Index (ACI)...

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PunchOut2Go Launches New Extensions For Magento Marketplace
PunchOut2Go Launches New Extensions For Magento Marketplace
March 18, 2019  |  B2B Payments

PunchOut2Go has announced the launch of its new PunchOut for Magento Marketplace extensions for Magento 1 and Magento 2. The company specializes in technology solutions that...

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Turning Industrial Procurement Into A Well-Oiled Machine
Turning Industrial Procurement Into A Well-Oiled Machine
March 05, 2019  |  B2B Payments

It’s become a cliché too often heard today in the B2B space: Procurement should evolve into an experience that mirrors a consumer shopping online at...

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SEC Probes Heinz Over Procurement Accounting
SEC Probes Heinz Over Procurement Accounting
February 25, 2019  |  B2B Payments

Kraft Heinz saw its market value plummet by about $17 billion on Friday (Feb. 22), after posting a $15 billion write-down on its most recognizable...

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Higher Education Learns The Value In Procurement Spend Visibility
Higher Education Learns The Value In Procurement Spend Visibility
February 15, 2019  |  B2B Payments

The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. Many entities...

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Xeeva Secures AI Patent For Procurement Spend Analysis
Xeeva Secures AI Patent For Procurement Spend Analysis
February 05, 2019  |  B2B Payments

Procurement technology firm Xeeva has announced a new patent pertaining to enhanced spend analytics, the company said in a recent press release. Get the Full...

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Patisserie Valerie Saga Finds Fake Invoices
Patisserie Valerie Saga Finds Fake Invoices
February 01, 2019  |  B2B Payments

Ongoing investigations into the £40 million (nearly $52.4 million USD) fraud that felled Patisserie Valerie have found that fake invoices were involved. Elsewhere in the...

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Putting Hospitals’ Supply Chain Spend On The Examination Table
Putting Hospitals’ Supply Chain Spend On The Examination Table
January 30, 2019  |  B2B Payments

Supply chain management is essential for any company, but in the healthcare field, it can literally mean the difference between life and death. Get the...

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