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

What Separates Top Accounts Payable Performers From The Rest
What Separates Top Accounts Payable Performers From The Rest
July 03, 2018  |  B2B Payments

Amid talk of enterprise digitization, discussions about paper invoices and checks persist. New research suggests a vast divide between businesses that have embraced technology and...

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Five At Five: Facebook Grants More Data Access
Five At Five: Facebook Grants More Data Access
July 02, 2018  |  News

Welcome to Five at Five, your daily look at the freshest payments and commerce news. Coverage includes the latest on Facebook’s data-sharing policies, along with...

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Zycus Ramps Up Customer Outreach In India With Salesforce
Zycus Ramps Up Customer Outreach In India With Salesforce
June 21, 2018  |  B2B Payments

Source-to-pay solutions provider Zycus is teaming up with CRM software firm Salesforce to enhance its own digital transformation strategy, the companies announced Wednesday (June 20)....

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Supply Chain Digital Transformation Echoes Through The Enterprise
Supply Chain Digital Transformation Echoes Through The Enterprise
June 18, 2018  |  B2B Payments

Large-scale enterprises are quickly realizing the importance of strategic supplier sourcing – and that means more than finding the cheapest prices on goods they need....

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Multinational’s Next Data Challenge: Know Your Vendor
Multinational’s Next Data Challenge: Know Your Vendor
June 07, 2018  |  B2B Payments

Automation may be transforming the procurement department, but when it comes to the buyer-supplier relationship, human interaction is critical. Get the Full Story Complete the...

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AI Finds Harmony With Accounting, Procurement Professionals
AI Finds Harmony With Accounting, Procurement Professionals
June 07, 2018  |  B2B Payments

Artificial intelligence has received a mixed welcome from corporates exploring how the technology could disrupt their operations. While AI can deliver time and cost savings,...

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Corcentric President On B2B Payments Shift To Seamless
Corcentric President On B2B Payments Shift To Seamless
May 15, 2018  |  B2B Payments

Over the past 20 years, B2B payments have slowly but surely become a target of FinTech innovation. Part of innovators’ motivation to target this industry...

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Korea’s Top Crypto Exchange Joins Blockchain Procurement Project
Korea’s Top Crypto Exchange Joins Blockchain Procurement Project
April 30, 2018  |  B2B Payments

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance...

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Carillion Collapse Leads UK Government To Blacklist Late-Paying Contractors
Carillion Collapse Leads UK Government To Blacklist Late-Paying Contractors
April 11, 2018  |  B2B Payments

The U.K. government is reportedly planning to blacklist potential contractors that pay their own suppliers late — a response to the recent collapse of Carillion...

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