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

SEC Probes Heinz Over Procurement Accounting

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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Accenture Debuts SynOps Automation Tool To Reallocate Human Talent
Accenture Debuts SynOps Automation Tool To Reallocate Human Talent
January 30, 2019  |  B2B Payments

Corporate consulting company Accenture is debuting its SynOps enterprise automation technology five years in the making, a tool that reports said could accelerate some organizations’...

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Payments Innovation, Gig Economy Drive Procurement Digitization
Payments Innovation, Gig Economy Drive Procurement Digitization
January 28, 2019  |  B2B Payments

In the past, procurement teams have had to fight to prove their operations are more than a cost center for their businesses. Digitization and automation...

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Compliance Execs Forge Closer Ties With Corporate Buyers
Compliance Execs Forge Closer Ties With Corporate Buyers
January 24, 2019  |  B2B Payments

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’...

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