Cleo has acquired DataTrans Solutions (DTS), saying it aims to build “next-gen procurement automation.” The transaction adds DTS’ procurement automation capabilities to Cleo’s supply chain orchestration solution, the companies said in a Monday (Feb. 3) press release. “Cleo’s vision is to deliver true supply chain orchestration by...
The everyday goods of life increasingly come from everywhere. Tomatoes are shipped in from Canada, avocados and beer from Mexico, and cheap electronics and apparel from China. And that’s just across grocery and retail. To make it all work, 365 days a year, the global...
Just a few years ago, cross-border payments were inefficient at best and filled with friction at worst. They were opaque and took days to settle. Additionally, managing foreign exchange costs was fraught with peril for executives looking to tap into new markets or expand their...
Oracle has added role-based artificial intelligence (AI) agents to its cloud supply chain and manufacturing suite. The new offering is designed to automate routine tasks and allow companies to devote more time to strategic supply chain initiatives, according to a Thursday (Jan. 30) press release. “Supply chain...
February 03, 2025
Just a few years ago, cross-border payments were inefficient at best and filled with friction at worst. They were opaque and took days to settle. Additionally, managing foreign exchange costs was fraught with peril for executives looking to tap into new markets or expand their supply chains. However, a broad range of providers have entered […]
November 07, 2024
The healthcare industry might be likened to a battleship when it comes to payments innovation. It’s massive and slow to turn, but once turned, the waves made are enormous. In...
September 26, 2024
Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple enough, businesses engaged in international...
August 19, 2024
The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses conduct financial transactions are not...
February 03, 2025
Cleo has acquired DataTrans Solutions (DTS), saying it aims to build “next-gen procurement automation.” The transaction adds DTS’ procurement automation capabilities to Cleo’s supply chain orchestration solution, the companies said in a Monday (Feb. 3) press release. “Cleo’s vision is to deliver true supply chain orchestration by bridging the gap between planning and execution,” Cleo President and […]
January 30, 2025
Oracle has added role-based artificial intelligence (AI) agents to its cloud supply chain and manufacturing suite. The new offering is designed to automate routine tasks and allow companies to devote more...
January 02, 2025
Transportation technology and services provider FreightWise launched a partnership with freight shipping firm Estes. The collaboration offers “highly competitive” less-than-truckload (LTL) pricing with Estes for users of the FreightWise and...
December 06, 2024
Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest funding brings Prima’s total funding,...