Procurement/page/6 news and trends

This Week in B2B: Navigating the Twin Challenges of Innovation and Risk
B2B Payments // January 16, 2025

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 and implement these changes are mounting. While the path to unlocking innovation is fraught with challenges, the rewards may be...

How Tech Procurement Pitfalls Sank UK Government’s Innovation Goals
B2B Payments // January 16, 2025

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 the complexity of digital services procurement, a somewhat damning January report from the United Kingdom’s National Audit Office (NAO) could...

Get Ready for a New Buzzphrase: Autonomous Commerce
Opinion // January 16, 2025

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 eBook, “The Innovation Mindset: How to Achieve It in 2025.”   At Coupa, we recognize that the current economic environment...

TradeCentric Debuts New Tool for Shopify B2B Users
B2B Payments // January 15, 2025

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 launch the TradeCentric Shopify B2B Connector, a solution aimed at streamlining transactions between buyers and suppliers,” Steve Frechette, chief product and...

Interviews & Exclusives
Get Ready for a New Buzzphrase: Autonomous Commerce

January 16, 2025
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 eBook, “The Innovation Mindset: How to Achieve It in 2025.”   At Coupa, we recognize that the current economic environment — characterized by volatility, structural shifts, uncertainty and margin erosion […]

Boost CEO Sees ‘Second Opportunity’ for Digital Transformation in B2B

January 03, 2025
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 informed a recent conversation between...

Data Quality: The Unsung Hero of AI-Powered B2B Procurement

December 09, 2024
An efficient business-to-business (B2B) procurement process can separate the wheat from the chaff. Procurement has the potential to become a strategic lever for value creation and protection, going beyond traditional...

B2B Marketplaces Unlock New Opportunities for Commercial Procurement

June 06, 2024
The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has launched a new B2B-focused marketplace...

Quick Reads
Vertice Raises $50 Million to Expand Procurement Platform

January 22, 2025
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 the new funding to open new regional offices, triple its engineering team, and add more integrations and automations, it said in a Wednesday (Jan. 22) blog post. Vertice aims to […]

TradeCentric Debuts New Tool for Shopify B2B Users

January 15, 2025
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 launch the TradeCentric Shopify B2B...

Procurify Picks Total Expert’s Chad Gaydos to Serve as CEO

January 07, 2025
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 in a Tuesday (Jan. 7)...

Cart.com Teams With Greenwing Technology to Streamline eProcurement

December 30, 2024
Unified commerce and logistics software firm Cart.com teamed with punchout integration provider Greenwing Technology. The collaboration is designed to make eProcurement easier and more efficient for institutional buyers such as...