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...
Procurement startup Zip secured $190 million in Series D funding, increasing its valuation to $2.2 billion (up from $1.5 billion in 2023). The investment is one of the largest in procurement technology in more than 20 years, according to a Monday (Oct. 21) press release....
The bench of B2B payment mechanisms is becoming deeper. From technologies like virtual cards and tokenization, real-time payments and beyond, businesses have a wide array of tools at their disposal. But when the whistle blows, many businesses trot out the same old paper processes and...
The Office of Management and Budget (OMB) has released guidance to help federal agencies manage risk and performance when procuring commercially provided artificial intelligence (AI) products. This guidance — provided in the “Advancing the Responsible Acquisition of Artificial Intelligence in Government” memorandum (M2418) — builds...
June 06, 2024
The B2B landscape finds itself on the cusp of a new, digital era. And with the news Thursday (June 6) that eCommerce platform Alibaba has launched a new B2B-focused marketplace solution, Alibaba Guaranteed, embracing the future of digital procurement is top of mind for buyers and suppliers across industries. That’s because while traditional B2B procurement […]
April 19, 2024
Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S. government, the world’s single largest...
October 11, 2023
Technology simplifies, at least that is its promise. That’s because, when effectively implemented, digital solutions can break down legacy silos and remove countless man hours from laborious and redundant processes....
September 11, 2023
Inflation remains top of mind for small business owners grappling with margin pressure. Ashley Hubka, senior vice president and general manager of Walmart Business, told PYMNTS in a recent interview...
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 […]
October 21, 2024
Procurement startup Zip secured $190 million in Series D funding, increasing its valuation to $2.2 billion (up from $1.5 billion in 2023). The investment is one of the largest in...
October 04, 2024
The Office of Management and Budget (OMB) has released guidance to help federal agencies manage risk and performance when procuring commercially provided artificial intelligence (AI) products. This guidance — provided...
October 02, 2024
Amazon Business, the branch of Amazon that offers businesses wholesale and procurement solutions, is rolling out Business Prime Rewards. The program is exclusive to Business Prime members and allows them to...
