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

Payments Acceleration Shifts The Risks For Buyers And Suppliers

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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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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