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
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  |  Partnerships

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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