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

Tech Saves More Than It Costs In The Procurement World
Tech Saves More Than It Costs In The Procurement World
August 15, 2017  |  B2B Payments

Optimization: it’s what separates the procurement wheat from the chaff. It goes without saying that, in a business setting, it is always optimal to do...

READ MORE >
Technology Helps Lower Labor Costs, But Procurement Pros Still Vital To Success
Technology Helps Lower Labor Costs, But Procurement Pros Still Vital To Success
August 14, 2017  |  B2B Payments

A new study has found that implementation of digital technology has enabled procurement organizations to reduce their full-time workers by an average of 29 percent,...

READ MORE >
Restaurants Still Need Human Capital As eProcurement Gets Technical
Restaurants Still Need Human Capital As eProcurement Gets Technical
August 09, 2017  |  B2B Payments

In a report that suggests technology can’t solve every back-office issue, eProcurement service provider Proactis has found that the restaurant industry is struggling to gain...

READ MORE >
Zycus Steps Into Mid-Market Procurement
Zycus Steps Into Mid-Market Procurement
August 04, 2017  |  B2B Payments

Procure-to-pay company Zycus is stepping into the middle market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Tracking Corporate Spend, Even After The Invoice Is Paid
Tracking Corporate Spend, Even After The Invoice Is Paid
August 02, 2017  |  B2B Payments

Within the enterprise, there is an initial invoice associated with any purchase, but the payments don’t stop there. According to Apptricity CEO Tim Garcia, if...

READ MORE >
Procurement, Finance Teams Are Not On The Same Page
Procurement, Finance Teams Are Not On The Same Page
July 26, 2017  |  B2B Payments

The B2B FinTech world hears it time and time again: eProcurement is becoming a strategic part of the enterprise. Get the Full Story Complete the...

READ MORE >
Mid-Market Firms Have Outgrown Their Procurement Strategies
Mid-Market Firms Have Outgrown Their Procurement Strategies
July 20, 2017  |  B2B Payments

With focus in the U.K. on small businesses as they struggle to survive late payments and restricted access to capital, the mid-market is facing its...

READ MORE >
In Quest To Become A Collaborator, Procurement Demands Better Tech
In Quest To Become A Collaborator, Procurement Demands Better Tech
June 20, 2017  |  B2B Payments

Every year, source-to-pay technology firm Zycus releases its Pulse of Procurement report, a survey of procurement professionals to understand where they are in their efforts to...

READ MORE >
Vlocity, Globys Target Telecoms With Accounts Receivable, Procurement Solutions
Vlocity, Globys Target Telecoms With Accounts Receivable, Procurement Solutions
June 15, 2017  |  B2B Payments

Cloud company Vlocity and invoicing company Globys are teaming up to target the communications industry and provide its members with a streamlined procurement solution. Get the...

READ MORE >