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

Vertice Raises $50 Million to Expand Procurement Platform

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. The company will use...

READ MORE >
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...

READ MORE >
How Tech Procurement Pitfalls Sank UK Government’s Innovation Goals
How Tech Procurement Pitfalls Sank UK Government’s Innovation Goals
January 16, 2025  |  B2B Payments

While innovative business solutions dominate headlines, the behind-the-scenes decisions that power these innovations, specifically in tech procurement, often go unexamined. For organizations seeking to navigate...

READ MORE >
Get Ready for a New Buzzphrase: Autonomous Commerce
Get Ready for a New Buzzphrase: Autonomous Commerce
January 16, 2025  |  Opinion

AI-powered innovation is reshaping B2B payments, but not all AI is created equally, Coupa Chief Procurement Officer Michael Van Keulen writes in a new PYMNTS...

READ MORE >
TradeCentric Debuts New Tool for Shopify B2B Users
TradeCentric Debuts New Tool for Shopify B2B Users
January 15, 2025  |  B2B Payments

B2B connected commerce firm TradeCentric has a new offering for Shopify B2B users. The company’s ShopifyB2B Connector, announced Wednesday (Jan. 15), is part of TradeCentric’s quarterly product rollout. “We’re excited to...

READ MORE >
3 Reasons Now Is the Golden Age of B2B Procurement
3 Reasons Now Is the Golden Age of B2B Procurement
January 13, 2025  |  B2B Payments

Digital transformation’s impact is typically specific to each sector, company or workflow. But no matter how granular and varied the effect, embracing innovation can help...

READ MORE >
Procurify Picks Total Expert’s Chad Gaydos to Serve as CEO
Procurify Picks Total Expert’s Chad Gaydos to Serve as CEO
January 07, 2025  |  Personnel

Procurement and payments platform Procurify has named a new CEO. Chad Gaydos, most recently president of Total Expert, has been appointed Procurify’s chief executive, the company announced...

READ MORE >
Boost CEO Sees ‘Second Opportunity’ for Digital Transformation in B2B
Boost CEO Sees ‘Second Opportunity’ for Digital Transformation in B2B
January 03, 2025  |  B2B Payments

As 2024 gives way to 2025, the payment landscape is set to pivot from uncertainty to a focus on strategic sophistication. It’s a goal that...

READ MORE >