Without logistics, commerce stops. As global, and domestic, trade undergoes seismic shifts driven by Donald Trump’s new tariffs, chief financial officers (CFOs) are being tasked with far more than managing financial performance. They must take a proactive, strategic approach to risk management to ensure long-term...
The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential threats they may present to the enterprise — the risks reach far beyond IT-related problems. The importance of the diversification...
The gradual digitization of the enterprise and migration to the cloud has resulted in untold amounts of digital data being stored and shared across business partners. It’s for this reason that cybersecurity risks have climbed to the top of procurement professionals’ minds as they develop...
Procurement teams have a lot on their plate. On top of acting as a key component of their enterprises’ broader payments and workflow digitization strategies, procurement departments are also central to optimizing spend and strengthening supplier relationships. Today, they’re managing this workload in a remote...
November 04, 2015
Getting paid can be a challenge for small suppliers, especially those working with overseas clients. But corporate buyers face challenges due to their suppliers, too, most notably when it comes to regulatory compliance. A new service by Tradeshift, which already connects global buyers and suppliers on a single digital platform, wants to mitigate risk for […]
September 15, 2015
Some markets in the global economy have been anything but steady lately, and that’s posing some worrying obstacles for corporate money managers. In an interview with Finance Magnates published late...
September 15, 2015
The B2B ecosystem has been slowly pressing toward digitization, and procurement and B2B commerce is no exception. Innovators and service providers want to reduce the friction between corporate buyers and...