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

Procurement Fraud Is on the Rise; Here’s How to Stop It

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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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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Vertice Raises $50 Million to Expand Procurement Platform
Vertice Raises $50 Million to Expand Procurement Platform
January 22, 2025  |  Spend Management

Vertice has raised $50 million in a Series C funding round to expand the adoption and capabilities of its procurement platform. Get the Full Story...

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This Week in B2B: Navigating the Twin Challenges of Innovation and Risk
This Week in B2B: Navigating the Twin Challenges of Innovation and Risk
January 16, 2025  |  B2B Payments

In today’s business landscape, a paradox is taking shape. As innovation accelerates, fueled by advancements in technology and shifting market dynamics, the challenges to embrace...

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