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

D2D Program Connects Detroit Suppliers to Big Buyers
D2D Program Connects Detroit Suppliers to Big Buyers
February 26, 2015  |  B2B Payments

A new platform in Detroit is aiming to strengthen the city’s business community by connecting suppliers with potential clients, the latest move to pull the...

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Basware Enters the Early Payments Game
Basware Enters the Early Payments Game
February 23, 2015  |  B2B Payments

Basware has become a well-known name for payment and invoicing solutions in the B2B segment, offering solutions for digitizing and automating procurement processes. Get the...

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Working Capital At The Touch Of a “Green Button”
Working Capital At The Touch Of a “Green Button”
February 23, 2015  |  B2B Payments

When Tungsten Corporation announced that it had completed the acquisition of Tungsten Bank earlier this year, it meant the B2B supply chain network servicer would...

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West Coast Port Slow Down Having National Reverberations
West Coast Port Slow Down Having National Reverberations
February 18, 2015  |  B2B Payments

The slow down at the Port of Long Beach wears on. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Defense Firm Charged in Procurement Scam
Defense Firm Charged in Procurement Scam
October 31, 2014  |  B2B Payments

A Virginia-based company with defense and intelligence agency contractor is facing criminal charges in connection to payments made to a reportedly corrupt Army procurement official....

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Why Startups Need To Worry About Procurement Practices
Why Startups Need To Worry About Procurement Practices
October 28, 2014  |  B2B Payments

When on the verge of radically disrupting a market ecosystem and earning billions by shining the light of innovation down on the masses, it can...

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North American B2B Procurement Inefficiencies Cost $1.5 Billion/Year
North American B2B Procurement Inefficiencies Cost $1.5 Billion/Year
October 16, 2014  |  B2B Payments

Although the concept of B2B procurement systems is to sharply increase productivity, that’s doesn’t seem to be how it’s working out. Barely 28 percent of...

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Where The CPO And CFO Don’t Meet
Where The CPO And CFO Don’t Meet
September 18, 2014  |  B2B Payments

Procurement specialists within B2B and other companies drive considerable value for their organizations, especially when they do a good job controlling spending and manage supplier...

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