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

Corporate Purchasing Takes Too Much Time, Says Soldo
Corporate Purchasing Takes Too Much Time, Says Soldo
September 06, 2018  |  B2B Payments

Corporate expense management processes like filing expense reports and reimbursing employees are common time-wasters for businesses. But a new survey from expense management firm Soldo...

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Soldo Eyes The Time-Wasting Strategies Of Expense Management
Soldo Eyes The Time-Wasting Strategies Of Expense Management
September 06, 2018  |  B2B Payments

Inadequate expense management processes have businesses wasting time. Procuring goods and making one-off purchases is taking too long, says a new report from Soldo, but...

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Procurement Jobs Remain Highly Tactical, Procurious Finds
Procurement Jobs Remain Highly Tactical, Procurious Finds
September 05, 2018  |  B2B Payments

A new survey from procurement and supply chain networking company Procurious suggests that procurement professionals’ jobs remain largely tactical, despite expectations for the field to...

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Tech Falls Short Of Procurement’s Expectations
Tech Falls Short Of Procurement’s Expectations
September 05, 2018  |  B2B Payments

Procurement’s digital transformation isn’t without its hiccups. Organizations are taking baby steps into eProcurement, digitizing supplier relationship portals, purchase orders, invoice management and payments, though...

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Wells Fargo Fires Employees Over Falsified Expense Reports
Wells Fargo Fires Employees Over Falsified Expense Reports
August 31, 2018  |  B2B Payments

Fraud committed against enterprises hits firms large and small. Among the most noteworthy headlines this week, Wells Fargo’s latest scandal focuses on doctored expense reports, and...

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SignaPay Adds Financing, Procurement Features For Merchants
SignaPay Adds Financing, Procurement Features For Merchants
August 31, 2018  |  B2B Payments

Payments processing company SignaPay is stepping up its presence within merchants’ back offices, introducing new features for businesses to manage finances. Get the Full Story...

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Five At Five: New Amazon Payments Feature Rankles Some
Five At Five: New Amazon Payments Feature Rankles Some
August 22, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and conference news. Today’s coverage includes a look at why some sellers dislike...

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Hackett Research Links Procurement Digitization To Employee Retention
Hackett Research Links Procurement Digitization To Employee Retention
August 22, 2018  |  B2B Payments

Companies in the midst of digitizing their procurement processes have another incentive to push forward. According to a new report from The Hackett Group, procurement...

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Procurement Digitization Doesn’t Have An Endgame
Procurement Digitization Doesn’t Have An Endgame
August 22, 2018  |  B2B Payments

Organizations know by now that enhanced and efficient procure-to-pay processes can save money and boost efficiency. But how, and by how much? A new report...

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