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)

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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B2B Payments Take Center Stage With VCs
B2B Payments Take Center Stage With VCs
July 30, 2021  |  B2B Payments

B2B FinTech encompasses a broad array of technologies designed to optimize workflows for chief financial officers (CFOs) and other finance professionals, from payroll to procurement....

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Ivalua Lets Firms Optimize Inventory With New Collaboration Tool
Ivalua Lets Firms Optimize Inventory With New Collaboration Tool
July 12, 2021  |  B2B Payments

Procurement software company Ivalua has added an inventory collaboration feature to its procure-to-pay offering, according to a Monday (July 12) announcement. Ivalua Chief Executive David...

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The Advantage Of Moving B2B Procurement To The Cloud
The Advantage Of Moving B2B Procurement To The Cloud
June 30, 2021  |  B2B Payments

Procurement is due for a digital makeover — away from manual processes as well as paper-based communications and payments. Mohammed Kafil, senior product manager at...

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Bringing Economies Of Scale To Government Procurement
Bringing Economies Of Scale To Government Procurement
June 22, 2021  |  B2B Payments

In the world of government procurement, the U.S. ranks at the top of the performance list thanks to an emphasis on digitization and optimization. But...

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Why Tech Procurement Takes A Selective Approach To B2B eCommerce
Why Tech Procurement Takes A Selective Approach To B2B eCommerce
June 15, 2021  |  B2B Payments

The talk of the B2B town these days often lands on the rise of the eCommerce model as more organizations are eager to source, purchase...

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Suplari Debuts Procurement Planning Product
Suplari Debuts Procurement Planning Product
May 24, 2021  |  B2B Payments

Spend agility company Suplari has rolled out a new procurement planning product called Agile Performance Management, a press release said Monday (May 24). It will...

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Navigating The Budgetary Pressures Of Materials Procurement
Navigating The Budgetary Pressures Of Materials Procurement
May 13, 2021  |  B2B Payments

FinTech targeting the construction arena is a blossoming industry. With so many moving parts in a single construction project and with parties operating both in...

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Deriving Value From Procure-To-Pay Beyond Early Payment Discounts
Deriving Value From Procure-To-Pay Beyond Early Payment Discounts
April 30, 2021  |  B2B Payments

As a department designed around the need to spend company cash, procurement is not always considered a value-added function of the enterprise. For organizations that...

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