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

Technology Helps Lower Labor Costs, But Procurement Pros Still Vital To Success

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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Microsoft Criticizes India eProcurement Tender
Microsoft Criticizes India eProcurement Tender
June 06, 2017  |  B2B Payments

The Indian government is accepting bids from technology companies to set up its eProcurement portal, but reports have surfaced that Microsoft is calling into question...

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