On the surface, investors were quite varied this week when it came to backing B2B startups. With more than $95 million in financing placed, startups across eProcurement, cybersecurity, logistics, alternative finance, blockchain and supply chain management secured support. A closer look at the deals, however,...
The proliferation of eCommerce makes it difficult to believe that any business would be operating without a website in today’s market. Research from Clutch published last year found nearly three-quarters of small businesses (SMBs) in the U.S. have a website, and for those that don’t, nearly...
Direct Commerce has enhanced its procure-to-pay platform to support jurisdictional compliance across borders in Europe, the company announced on Monday (March 12). The Software-as-a-Service solution has added capabilities to ensure European VAT compliance, the company explained. Direct Commerce also integrated expanded language capabilities and other...
The expansion of Amazon Business continues, this time in Europe. Amazon Business, the B2B commerce unit of Amazon, has launched in France, the company said on Wednesday (Feb. 7). This marks the third jurisdiction in Europe for the platform after its rollout in the U.K....
November 05, 2015
New statistics released by SAP Hybris and consultancy firm Accenture find that while corporate buyers are increasing their use of digital channels to procure goods, suppliers and manufacturers continue to struggle to meet the demands of their customers. According to the companies’ research, which is out today (Nov. 5), 70 percent of B2B revenue today […]
August 18, 2015
B2B finance automation firm Oildex, which specializes in the oil and gas sector, only acquired procure-to-pay service OpenInvoice in June, but already the unit is getting an upgrade. Reports yesterday...
August 11, 2015
United Arab Emirates-based spend management and procurement service provider Tejari has unleashed its next-level tool for businesses. Dubbed BravoAdvantage, the new procurement platform was built to strengthen visibility into corporate...
August 10, 2015
The Obama administration is launching several initiatives before the commander-in-chief ends his term. Among them is a plan for the government to strengthen its transparency and cost-savings through electronic invoicing....
