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

Zycus Ramps Up Customer Outreach In India With Salesforce

Zycus Ramps Up Customer Outreach In India With Salesforce
Zycus Ramps Up Customer Outreach In India With Salesforce
June 21, 2018  |  B2B Payments

Source-to-pay solutions provider Zycus is teaming up with CRM software firm Salesforce to enhance its own digital transformation strategy, the companies announced Wednesday (June 20)....

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Supply Chain Digital Transformation Echoes Through The Enterprise
Supply Chain Digital Transformation Echoes Through The Enterprise
June 18, 2018  |  B2B Payments

Large-scale enterprises are quickly realizing the importance of strategic supplier sourcing – and that means more than finding the cheapest prices on goods they need....

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Multinational’s Next Data Challenge: Know Your Vendor
Multinational’s Next Data Challenge: Know Your Vendor
June 07, 2018  |  B2B Payments

Automation may be transforming the procurement department, but when it comes to the buyer-supplier relationship, human interaction is critical. Get the Full Story Complete the...

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AI Finds Harmony With Accounting, Procurement Professionals
AI Finds Harmony With Accounting, Procurement Professionals
June 07, 2018  |  B2B Payments

Artificial intelligence has received a mixed welcome from corporates exploring how the technology could disrupt their operations. While AI can deliver time and cost savings,...

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Corcentric President On B2B Payments Shift To Seamless
Corcentric President On B2B Payments Shift To Seamless
May 15, 2018  |  B2B Payments

Over the past 20 years, B2B payments have slowly but surely become a target of FinTech innovation. Part of innovators’ motivation to target this industry...

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Korea’s Top Crypto Exchange Joins Blockchain Procurement Project
Korea’s Top Crypto Exchange Joins Blockchain Procurement Project
April 30, 2018  |  B2B Payments

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance...

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Carillion Collapse Leads UK Government To Blacklist Late-Paying Contractors
Carillion Collapse Leads UK Government To Blacklist Late-Paying Contractors
April 11, 2018  |  B2B Payments

The U.K. government is reportedly planning to blacklist potential contractors that pay their own suppliers late — a response to the recent collapse of Carillion...

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Payments Acceleration Shifts The Risks For Buyers And Suppliers
Payments Acceleration Shifts The Risks For Buyers And Suppliers
March 05, 2018  |  B2B Payments

The buyer-supplier relationship goes beyond regulatory requirements like Know Your Customer. Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts...

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Today In Data: Increased Shipping, Bitcoin Whirlwind And GDPR Non-Compliance
Today In Data: Increased Shipping, Bitcoin Whirlwind And GDPR Non-Compliance
December 14, 2017  |  Today In Data

Today in PYMNTS’ data, delivery firms will ship more packages than ever this holiday shopping season, bitcoin is having another whirlwind week, financial institutions (FIs)...

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