Within complex supply chains, a single company is typically both a buyer and a supplier, part of a broader web of strategic B2B relationships. With any new or changing relationship, contracts have to be written up and re-negotiated, a tedious process that can be costly,...
Maintaining existing supplier relationships has become a crucial component of surviving and thriving during the current market disruption for many corporate buyers. It’s a challenge for many firms, however — particularly those whose source-to-pay processes remain manual and paper-based, as remote working requirements force a sudden...
Zycus, which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. The BOTs will allow procurement and accounts payable (AP) teams...
Procurement processes don’t begin and end with a purchase or a payment. For large corporates working with hundreds, sometimes thousands of manufacturers, the procure-to-pay processes is a long, drawn-out one, with plenty of room for data bottlenecks, errors and late payments. For organizations’ direct spend...
April 27, 2017
Silicon Valley- and Paris-based Ivalua, a spend management software company, has secured growth equity minority funding from KKR, a leading global investor. According to a press release, the funding will be used by Ivalua to realize its ambition of becoming the global leader in the spend management market. KKR will become a new shareholder alongside the […]
