Business-to-business (B2B) transactions remain full of friction. However, in the procure-to-pay process, some of the biggest challenges occur before any transaction is initiated. For the...
The West Virginia State Auditor’s office has announced a new tax program aimed at vendors who owe the state money. The program will prevent vendors...
The U.S. General Services Administration (GSA) has been forced to throw out $15 billion worth of IT service contracts with small businesses (SMBs) issued last year,...
In an effort to boost its bottom line, Amazon will no longer allow products that don’t turn a profit to advertise on its site. CNBC reported...
Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors...
The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. Many entities...
PwC has chosen the Koverse Intelligent Solutions Platform to integrate into its “Know Your Vendor” solution. By integrating with Koverse’s platform, PwC, which is one...
Straight-through processing (STP) is the gold standard for accounts payable (AP) departments. It allows invoices to be received, reviewed and pushed through for payment, all...
A new class-action lawsuit wants failed meal delivery company Munchery to pay its former employees 60 days’ worth of back wages. The lawsuit, filed by...