Supply chain payments company Tradeshift has announced a partnership with Wax Digital, a FinTech offering businesses spend management tools. A press release issued Thursday (Nov. 14) said Tradeshift and Wax Digital will collaborate to offer web3, an eProcurement solution using Wax Digital technology that provides...
Procurement’s digital transformation isn’t without its hiccups. Organizations are taking baby steps into eProcurement, digitizing supplier relationship portals, purchase orders, invoice management and payments, though not all businesses say their eProcurement efforts have paid off as much as they could, and should, be. The largest...
The U.K. is focused on the problem of late payments, with policymakers stepping into support small and mid-sized businesses (SMBs) often paid late by their corporate customers. But new research from eProcurement and spend management solutions Wax Digital has uncovered with it described as a...
The paper chase is always hard. For cash flow management, it’s especially hard: Businesses must juggle manual processes, multiple documents and sometimes even contend with the vagaries of inaccurate data. To that end, research from Wax Digital released last month shows that in the United...
