Procurement/page/4 news and trends

Amazon Business Debuts New Procurement Tools

October 27, 2026
Amazon Business
Axya’s $12 Million Bet on Fixing Procurement’s Broken Data
B2B Payments // 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,...

Europe Puts Hidden Technology Suppliers on CFOs’ Risk Radar
B2B Payments // October 02, 2026

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...

Axya Raises $12 Million to Expand AI Procurement Platform
Artificial Intelligence // 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...

AI Agents Take the Controls in Supply Chains
Artificial Intelligence // 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 also the place where economic fragility is most visible, as five years of shocks from...

Interviews & Exclusives
Axya’s $12 Million Bet on Fixing Procurement’s Broken Data

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 […]

AI Agents Take the Controls in Supply Chains

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...

Walmart Business Targets the Invisible Work Slowing Small Business Down

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...

Tariffs Test the Myth of Supply Chain Control

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...

Quick Reads
Amazon Business Debuts New Procurement Tools

October 27, 2026
Amazon Business has rolled out a pair of tools designed for procurement professionals. First up is Amazon Business Value Intelligence, which “quantifies cost savings, operational efficiency, and purchase compliance in a single, complete view,” Amazon said in a Tuesday (Oct. 27) news release. Each figure is calculated using an organization’s Amazon Business data and “grounded […]

Axya Raises $12 Million to Expand AI Procurement Platform

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...

House Passes Federal Tech Procurement Bill Without Senate Backing

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...

Pivot Secures $40 Million to Challenge Legacy Procurement Software

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...