Twenty-seven nations are likely to come up with 27 different definitions of vendor risk. The European Union’s member nations are finding that out in real time. And while the long-standing debate around whether equipment from suppliers such as Huawei should sit inside critical communications infrastructure...
Procurement platform Axya raised 17 million Canadian dollars (about $12 million) in new funding, according to a Thursday (Sept. 24) press release provided to PYMNTS. The Montreal-based company’s Series A financing will help enhance its platform and artificial intelligence capabilities as it enters new markets...
Global supply chains have always been the operating system of the modern economy. They determine how food reaches supermarkets, how medicines arrive at hospitals, how factories receive components. They are also the place where economic fragility is most visible, as five years of shocks from...
The three words “supply chain compliance” have typically been more likely to inspire yawns than cross-border growth strategies when brought up by enterprise chief financial officers. With a new round of tariffs creating greater uncertainty across supply chains that have traditionally been viewed as secure...
October 20, 2026
Watch more: Digital Shift With Félix Bélisle-Dockrill of Axya A supplier promises to deliver parts on the 18th of the month. The shipment gets pushed to the 25th. The enterprise resource planning (ERP) system updates the expected delivery date, and when the goods finally arrive, the supplier is recorded as having delivered on time. The […]
September 21, 2026
Global supply chains have always been the operating system of the modern economy. They determine how food reaches supermarkets, how medicines arrive at hospitals, how factories receive components. They are...
June 25, 2026
Running a small business can take up a big chunk of its owner’s time. Even something as simple as ordering the breakroom snacks each month can add up, and as...
November 05, 2025
Businesses can’t manage what they can’t measure. That simple fact, against today’s backdrop of ongoing tariff turmoil and global trade tensions, has seen supply chain visibility emerge as a critical...
September 24, 2026
Procurement platform Axya raised 17 million Canadian dollars (about $12 million) in new funding, according to a Thursday (Sept. 24) press release provided to PYMNTS. The Montreal-based company’s Series A financing will help enhance its platform and artificial intelligence capabilities as it enters new markets and hires more staff, the release said. Axya was founded […]
July 21, 2026
The House passed a bill Monday (July 20) that its supporters said would improve federal technology procurement. The Federal Improvement in Technology Procurement Act (FIT Procurement Act; H.R. 4123) would address...
May 21, 2026
Pivot, a software startup developing artificial intelligence for corporate procurement, has raised $40 million in a Series B funding round, the company announced Thursday (May 21). The capital injection brings...
April 29, 2026
Ramp has added a fleet of artificial intelligence (AI) agents to its procurement platform. The new agents can triage employee requests, source vendors, review contract terms and handle compliance checks,...
