procurement

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement generally involves making buying decisions under conditions of scarcity.

Source: en.wikipedia.org

Basware Integrates With Amazon Business to Streamline Purchasing
Basware Integrates With Amazon Business to Streamline Purchasing
July 01, 2024  |  B2B Payments

Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers,...

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Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
June 26, 2024  |  B2B Payments

Zip has added a generative artificial intelligence (AI) procurement assistant to its spend orchestration platform. The company has also added two other AI-powered capabilities —...

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Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
June 20, 2024  |  Business

When the operating landscape is uncertain and dynamic, businesses must prioritize controlling for what’s controllable. And with the news Thursday (June 20) that Amazon Business,...

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Airbase Adds Analytics, Vendor Management to Spend Orchestration Platform
Airbase Adds Analytics, Vendor Management to Spend Orchestration Platform
June 11, 2024  |  B2B Payments

Airbase has added spend analytics and vendor management capabilities to its spend orchestration software designed for mid-market and larger organizations. These new features aim to...

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Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
June 11, 2024  |  B2B Payments

Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance...

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Bamboo Rose Introduces Supplier Relationship Management Capabilities
Bamboo Rose Introduces Supplier Relationship Management Capabilities
June 06, 2024  |  Supply Chain

Bamboo Rose has added supplier relationship management (SRM) capabilities to its retail management platform. The new SRM capabilities joins the product lifecycle management (PLM) and...

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B2B Marketplaces Unlock New Opportunities for Commercial Procurement
B2B Marketplaces Unlock New Opportunities for Commercial Procurement
June 06, 2024  |  Supply Chain

The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has...

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Transforming Back-Office Functions Lets Firms Move Forward With Certainty
Transforming Back-Office Functions Lets Firms Move Forward With Certainty
May 10, 2024  |  B2B Payments

Innovation across the payments sector has taken off over the last decade. Driven by automation, speed, security and convenience, electronic payments advances are reshaping back-office...

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SourceDay and Medius Team on Procure-to-Pay Enhancements
SourceDay and Medius Team on Procure-to-Pay Enhancements
April 30, 2024  |  Accounts Payable

Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice...

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