Procure To Pay news and trends

Spendesk Adds Procure-to-Pay Solution for European Small Businesses
SMBs // October 23, 2024

Spendesk launched a procure-to-pay solution designed alongside the company’s existing spend management platform. The resulting fully integrated procurement and spend management tool is designed for European small– to medium-sized businesses (SMBs) of up to 1,000 employees, the company said in a Tuesday (Oct. 22) press...

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

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 processing, the companies said in a Tuesday (April 30) news release.  Additionally, firms are offered fraud protection via anomaly detection capabilities,...

Barclaycard Integrates With SAP Upscale Commerce
B2B Payments // October 19, 2021

Barclaycard Payments has expanded its relationship with SAP through an integration of the Barclaycard Smartpay gateway into SAP’s Upscale Commerce Platform. The company announced the expansion on Tuesday (Oct. 19), saying that it would also enhance the procure-to-pay services offered by SAP Ariba. “From today,...

Hospitals Redefine Their Procure-to-Pay Goals
B2B Payments // August 16, 2021

No industry was hit harder by supply chain disruptions from the COVID-19 pandemic than the healthcare space. The consequences of volatility were dire, often life-threatening, and have forced healthcare providers to reconsider their procure-to-pay strategies. Yet healthcare equipment and supplies procurement is not a burden...

Interviews & Exclusives
Market Volatility Gives B2C Sellers’ The Chance To Go B2B

April 01, 2020
Streamlining and fostering strategic supplier relationships is key to optimizing procurement and lowering costs. As more organizations embrace eProcurement technology, firms are looking to shrink their vendor bases to promote efficiency. But inevitably, every business will find itself in a position when it must make an emergency purchase – and when the usual suppliers aren’t […]

Turning Every Supply Chain Into A Custom B2B Marketplace

October 14, 2019
The emergence of online shopping and eCommerce inevitably seeped into the B2B world, leading to rising demand for corporates to make purchases online the same way they do as consumers....

How Inefficient B2B Payments Systems Hobble Business Growth

January 21, 2019
Business confidence remains strong in the U.S., riding on the optimism of a strengthening economy that brings new opportunity for revenue growth. This is particularly true for small and medium-sized...

Mastercard Track Fast-Tracks Supplier Vetting, Onboarding

September 13, 2018
It takes an average of 16 friction-filled, often paper-intensive days for a buyer to onboard a supplier. Mastercard and Microsoft have teamed to launch Mastercard Track, a digital platform to...

Quick Reads
Spendesk Adds Procure-to-Pay Solution for European Small Businesses

October 23, 2024
Spendesk launched a procure-to-pay solution designed alongside the company’s existing spend management platform. The resulting fully integrated procurement and spend management tool is designed for European small– to medium-sized businesses (SMBs) of up to 1,000 employees, the company said in a Tuesday (Oct. 22) press release. The launch of the procure-to-pay solution comes six months […]

SourceDay and Medius Team on Procure-to-Pay Enhancements

April 30, 2024
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 processing, the companies said in...

Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw

April 09, 2020
Procure-to-pay tool BuySpeed, which is used by government entities, was vulnerable to a zero-day, cross-site scripting flaw that has reportedly been resolved, SC Media reported. The CERT Coordination Center at...

Mastercard Partners With Stargo For Freight Payments Solution

June 04, 2018
To deliver routing, pricing and payment automation for freight forwarders, Mastercard is partnering with Stargo. With Mastercard’s commercial payment solutions and Stargo’s price optimization engine, freight companies can benefit from a...