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)

Amazon Study Shows Focus on Business Purchasing Practices Has Risen With Inflation
Amazon Study Shows Focus on Business Purchasing Practices Has Risen With Inflation
September 29, 2022  |  B2B Payments

Amazon Business’ “2022 State of Business Procurement Report” shows that companies are on board with digital procurement and gives suppliers reason to breathe easy. According to...

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B2B Procurement Platform Eezee Raises $7.5M in Series A
B2B Procurement Platform Eezee Raises $7.5M in Series A
September 05, 2022  |  Investments

Eezee, a Singaporean procurement startup, has raised $7.5 million in a Series A round, which will go toward growing its team and developing new B2B...

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ERP Firm Jesta I.S. Debuts Upgraded Procurement Tools
ERP Firm Jesta I.S. Debuts Upgraded Procurement Tools
August 25, 2022  |  B2B Payments

Enterprise resource planning (ERP) provider Jesta I.S. has launched what it calls a “major” upgrade to one of its “four foundational software pillars.” According to...

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Medius Extends Global Payment Capabilities With Nomentia Partnership
Medius Extends Global Payment Capabilities With Nomentia Partnership
March 01, 2022  |  B2B Payments

Spend management and eProcurement software company Medius has partnered with cash and treasury management company Nomentia, according to a Tuesday (March 1) press release. Nomentia...

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AirPlus, Coupa Collaborate to Offer Improved Procurement
AirPlus, Coupa Collaborate to Offer Improved Procurement
January 27, 2022  |  B2B Payments

Corporate payment specialist AirPlus International has joined forces with business spend management platform Coupa to offer clients new procurement options. The companies say AirPlus Virtual...

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Rising Inflation Drives New Demand for Procurement Solutions
Rising Inflation Drives New Demand for Procurement Solutions
January 20, 2022  |  B2B Payments

As inflation continues to rise, companies are seeing cost increases in delivery services, software contracts and other goods and services across the board — and...

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Procurement Partners, Priority Launch New AP Tool
Procurement Partners, Priority Launch New AP Tool
January 13, 2022  |  Accounts Payable

The payments technology firm Priority Technology Holdings has launched a partnership with Procurement Partners, which provides procure-to-pay (P2P) solutions for post-acute care and senior living...

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Barclaycard Integrates With SAP Upscale Commerce
Barclaycard Integrates With SAP Upscale Commerce
October 19, 2021  |  B2B Payments

Barclaycard Payments has expanded its relationship with SAP through an integration of the Barclaycard Smartpay gateway into SAP’s Upscale Commerce Platform. The company announced the...

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Costly Construction Materials Just Got 4x Easier for Contractors to Afford
Costly Construction Materials Just Got 4x Easier for Contractors to Afford
September 16, 2021  |  B2B Payments

Most contractors working in commercial construction projects pay for materials long before receiving payment for their work. In fact, 74% have terms with their suppliers...

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