Procurement/page/8 news and trends

Europe Puts Hidden Technology Suppliers on CFOs’ Risk Radar

October 02, 2026
two people in warehouse
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...

When Supply Chain Risk Hits, CFOs With Receipts Move First
B2B Payments // September 01, 2026

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...

Freightos Shows the AI Freight Payoff Starts With Transactions
Earnings // August 17, 2026

Global freight is becoming more digital, and it’s happening just in time for artificial intelligence. That, at least, was the backdrop for Freightos’ second-quarter 2026 results, released Monday (Aug. 17). Transactions on the company’s digital freight marketplace reached 458,000, up 15%, while gross booking value,...

Interviews & Exclusives
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 also the place where economic fragility is most visible, as five years of shocks from pandemic to Red Sea disruptions to geopolitical fragmentation have made […]

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...

How to Build a Self-Driving Global Trade Network

July 25, 2025
Watch more: Building the Autonomous Global Trade Network: The Future of Connected Procurement Global supply chains are more volatile than ever, forcing enterprise leaders to rethink procurement from the ground...

Quick Reads
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 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 […]

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...

Ramp Launches AI Agents to Automate Corporate Procurement

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,...