The buyer-supplier relationship goes beyond regulatory requirements like Know Your Customer. Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). Research from Atradius released in 2016...
Procurement professionals aren’t happy with the technology available to them, finds a new report from Consero Group. The firm’s 2017 Procurement and Strategic Sourcing report, released this month, identified significant gaps in the technology and resources available to procurement professionals today and found common ways...
Digital procurement software firm GEP is targeting risk associated with B2B trade with a new partnership. The company revealed this week that it is partnering with Global Risk Management Solutions (GRMS) to integrate GRMS’ supplier risk management capabilities within the GEP procurement platform. The integration...
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...
