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

Putting Suppliers In The Buyer Value Chain
Putting Suppliers In The Buyer Value Chain
September 15, 2014  |  B2B Payments

More and more food, grocery and consumer-goods retailers are finding success in using online channels to grow sales, and many are turning to their suppliers...

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Where AP And Procurement (Should) Collide
Where AP And Procurement (Should) Collide
August 21, 2014  |  Alternative Finances

A new report points to a problem within many enterprises, where accounts-payable and procurement teams, while often having similar goals, generally don’t work with one...

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When Suppliers Turn Into Lenders
When Suppliers Turn Into Lenders
June 16, 2014  |  B2B Payments

Payments terms as long as 160 days? Don’t laugh. It’s what some suppliers in the events sector are being asked to accommodate, basically becoming lenders...

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New B2B Cross Border Payments Innovations
New B2B Cross Border Payments Innovations
April 07, 2014  |  B2B Payments

The e-commerce company runs proprietary technology allowing retailers to interact with customers all over the world and handles logistics like carrier management and customs compliance....

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