buyer supplier

Buyer-supplier relationships refer to commercial transactions between organizations for the purchase and supply of goods or services. A sourcing or tender process is used to select the best product or service for a certain category of expenditure. When selecting suppliers through a tender or sourcing process, the buyer works in collaboration with internal customers or budget holders.

HighView Eases EDI Friction With Blockchain
HighView Eases EDI Friction With Blockchain
March 17, 2020  |  B2B Payments

A new initiative by Highview will aim to allow businesses to complete Electronic Data Interchange (EDI) transactions more easily as the company offers its VistaChain...

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Goldman Sachs Adds Global Payments To SAP Ariba
Goldman Sachs Adds Global Payments To SAP Ariba
March 16, 2020  |  B2B Payments

A new Goldman Sachs deal will allow more companies to work with with the wide swathe of businesses using SAP’s Ariba Network, which boasts trillions...

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Approaching Trade Finance From The Payables Side
Approaching Trade Finance From The Payables Side
March 13, 2020  |  B2B Payments

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their...

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The Architecture Of Accounts Receivable
The Architecture Of Accounts Receivable
March 03, 2020  |  B2B Payments

It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Late payments, invoice disputes and even fraud are all...

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Accounts Receivable Innovations Ease AP Pain
Accounts Receivable Innovations Ease AP Pain
February 26, 2020  |  B2B Payments

More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data)...

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The Cybersecurity Juggling Act Of Buyer-Supplier Connectivity
The Cybersecurity Juggling Act Of Buyer-Supplier Connectivity
September 30, 2019  |  B2B Payments

When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier...

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Hire Ground Turns To SMBs To Diversify Supply Chains
Hire Ground Turns To SMBs To Diversify Supply Chains
September 25, 2019  |  B2B Payments

Software-as-a-Service firm Hire Ground is launching a new component of its supply chain diversity initiative aimed at enabling small and medium-sized businesses to connect to...

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Splitit Launches B2B Installment Repayment Platform
Splitit Launches B2B Installment Repayment Platform
September 24, 2019  |  B2B Payments

Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. 23) in a press release. Dubbed...

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How APIs Level The B2B eCommerce Playing Field
How APIs Level The B2B eCommerce Playing Field
July 08, 2019  |  B2B Payments

In B2B commerce’s pursuit of the “Amazon-like” experience, both buyers and vendors have quickly discovered that business-to-business cannot take the same path that the business-to-consumer...

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