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

KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement
KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement
March 05, 2025  |  B2B Payments

As U.S. tariffs come into full force, global trade routes are being redrawn. So too are B2B procurement strategies. Get the Full Story Complete the...

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Healthcare Procurement Has a Growing Hacking Problem
Healthcare Procurement Has a Growing Hacking Problem
February 28, 2025  |  B2B Payments

B2B supply chains are the unsung hero of global commerce. Their importance only grows when it comes to critical industries like healthcare, where life-saving supplies...

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Coupa: AI Is Cure for Procurement Fraud Epidemic
Coupa: AI Is Cure for Procurement Fraud Epidemic
February 25, 2025  |  Fraud Prevention

Procurement fraud has evolved on the back of digitally sophisticated tactics from an occasional business headache into a full-blown financial and reputational disaster for organizations...

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Procurement Fraud Is on the Rise; Here’s How to Stop It
Procurement Fraud Is on the Rise; Here’s How to Stop It
February 24, 2025  |  B2B Payments

Operational uncertainty remains an obvious, if persistent, challenge for middle-market firms. This would be enough to derail even the best-laid plans if it happened in...

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Healthcare Delivery Models Have Changed, Why Haven’t Payment Processes?
Healthcare Delivery Models Have Changed, Why Haven’t Payment Processes?
February 11, 2025  |  Healthcare

Change happens slowly at first, and then all at once. Just look at the healthcare system of today, versus that of, say, 2009. There’s been...

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JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
February 03, 2025  |  B2B Payments

JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. Get the Full Story Complete the form to unlock this...

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Cleo Acquires DataTrans Solutions to Add Procurement Automation Capabilities
Cleo Acquires DataTrans Solutions to Add Procurement Automation Capabilities
February 03, 2025  |  Acquisitions

Cleo has acquired DataTrans Solutions (DTS), saying it aims to build “next-gen procurement automation.” Get the Full Story Complete the form to unlock this article and...

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Stampli to Roll Out Procure-to-Pay Solution
Stampli to Roll Out Procure-to-Pay Solution
January 30, 2025  |  B2B Payments

Stampli introduced a procure-to-pay solution that brings all procurement processes, documents and conversations between finance team members, employees and vendors together in one workflow. Get...

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Oracle Debuts AI Agents to Automate Supply Chain Tasks
Oracle Debuts AI Agents to Automate Supply Chain Tasks
January 30, 2025  |  artificial intelligence

Oracle has added role-based artificial intelligence (AI) agents to its cloud supply chain and manufacturing suite. Get the Full Story Complete the form to unlock this...

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