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

Global Growth and Painless Payments Headline This Week in B2B
Global Growth and Painless Payments Headline This Week in B2B
October 24, 2024  |  B2B Payments

As the monthlong B2B Payments: Outlook 2030 event has revealed, the future of B2B payments is fast, global and all about innovation. Still, uncertainty remains...

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

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...

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Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
October 21, 2024  |  Investments

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...

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Buyers’ Market, Sellers’ Strategy: Business Payments Networks Tackle Age-Old B2B Dilemma
Buyers’ Market, Sellers’ Strategy: Business Payments Networks Tackle Age-Old B2B Dilemma
October 16, 2024  |  B2B Payments

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...

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White House Issues Guidance for Federal Agencies’ Procurement of AI
White House Issues Guidance for Federal Agencies’ Procurement of AI
October 04, 2024  |  artificial intelligence

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)...

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Amazon Doubles Down on SMB Focus With Business Prime Rewards
Amazon Doubles Down on SMB Focus With Business Prime Rewards
October 02, 2024  |  Amazon

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...

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How AI, Personalization and Instant Engagement Are Transforming B2B Marketing
How AI, Personalization and Instant Engagement Are Transforming B2B Marketing
September 26, 2024  |  B2B Payments

When technology advances, everything changes. And that couldn’t be truer across the B2B landscape — particularly when it comes to marketing. In today’s business-to-business landscape,...

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AI Prompt Engineering Helps B2B Firms Find Needle in Data Haystack
AI Prompt Engineering Helps B2B Firms Find Needle in Data Haystack
September 25, 2024  |  B2B Payments

B2B businesses are increasingly looking to artificial intelligence (AI) solutions in support of process excellence. Across marketing, customer success, compliance, payments and beyond, AI innovations...

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NASA’s Supply Chain Issues Put Spotlight on B2B Vendor Risk
NASA’s Supply Chain Issues Put Spotlight on B2B Vendor Risk
September 18, 2024  |  Supply Chain

NASA operates one of the most complex supply chains in the world. Its procurement processes span numerous industries, ranging from aerospace and electronics to materials...

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