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

Today In Data: Rideshare Woes, Procurement Solutions And Investment Activity
Today In Data: Rideshare Woes, Procurement Solutions And Investment Activity
December 01, 2017  |  Today In Data

Many firms saw noticeable ups and downs in the past few days, with some experiencing highs like venture capital (VC) backing and new solutions to...

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Going Beyond Prepaid To Push Expense Management Beyond Travel Spend
Going Beyond Prepaid To Push Expense Management Beyond Travel Spend
November 07, 2017  |  B2B Payments

When it comes to employee spend management, innovations often circle around the business trip, tackling challenges like a lack of visibility and control over how...

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Building A Stronger Bridge Between Finance And Procurement
Building A Stronger Bridge Between Finance And Procurement
November 06, 2017  |  B2B Payments

With procurement becoming a more strategic unit within the enterprise, much of its power comes in the form of spend management, savings and bottom-line benefits....

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Procurement Firm Xeeva Secures AI Patents
Procurement Firm Xeeva Secures AI Patents
October 09, 2017  |  Innovation

Procurement software company Xeeva is strengthening its technology portfolio through the acquisition of artificial intelligence-related patents, the company announced Friday (Oct. 6). Get the Full...

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The Prescription For Prescription Commerce
The Prescription For Prescription Commerce
September 19, 2017  |  Retail

Think the neighborhood pharmacy is dead and gone? There are more than 22,000 reasons to think otherwise, and Deepak Thomas, CEO of Phil, noted in the...

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Making The Perfect B2B Payment
Making The Perfect B2B Payment
September 07, 2017  |  B2B Payments

When organizations take in and pay out purchase orders and invoices, what does the perfect payment look like? Bob Sneed, vice president of corporate payments...

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Procurement Plays Catch-Up To The Middle Market
Procurement Plays Catch-Up To The Middle Market
August 21, 2017  |  B2B Payments

Innovation is often driven by two forces: the makers of technology pushing the market forward and the receivers of that technology bringing demand for better...

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Tech Saves More Than It Costs In The Procurement World
Tech Saves More Than It Costs In The Procurement World
August 15, 2017  |  B2B Payments

Optimization: it’s what separates the procurement wheat from the chaff. It goes without saying that, in a business setting, it is always optimal to do...

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Technology Helps Lower Labor Costs, But Procurement Pros Still Vital To Success
Technology Helps Lower Labor Costs, But Procurement Pros Still Vital To Success
August 14, 2017  |  B2B Payments

A new study has found that implementation of digital technology has enabled procurement organizations to reduce their full-time workers by an average of 29 percent,...

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