Procurement Automation news and trends

POs, Accruals Missing Out On The eProcurement Automation Trend
B2B Payments // August 12, 2016

Procure-to-pay tools have embraced the cloud, landing the enterprise with an automated solution to track spend. The purpose of automation, largely, is to boost visibility into where corporate dollars are going. But with all of those eInvoicing and spend analytics tools out there, a few...

Here’s What’s Driving The Procure-To-Pay Industry’s Growth
B2B Payments // July 29, 2016

There are four factors driving the growth of the outsourced procure-to-pay market, according to a new report released by Technavio this week. According to Technavio, the need to cut costs in the procurement process, modernizing indirect procurement processes, managing risk and automation are behind the...

Relax, B2B Sales People – Your Job Is Still Needed
B2B Payments // May 19, 2015

For B2B buyers, the rise of online commerce and product research, along with the introduction of procurement tools like Software-as-a-Service, have in many cases made the procurement process automated, and therefore easier. Reports released earlier this year, however, suggested that this automation is bad news...