The gradual digitization of the enterprise and migration to the cloud has resulted in untold amounts of digital data being stored and shared across business partners. It’s for this reason that cybersecurity risks have climbed to the top of procurement professionals’ minds as they develop...
Procurement teams have a lot on their plate. On top of acting as a key component of their enterprises’ broader payments and workflow digitization strategies, procurement departments are also central to optimizing spend and strengthening supplier relationships. Today, they’re managing this workload in a remote...
Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. For many, that means risk assessments conducted only once a year, a single executive...
When it comes to regulatory compliance, no corporate is an island. An organization may have the resources to stay on top of ever-evolving regulations, but increasingly, businesses are being held accountable not only for their own compliance standing, but also that of their business partners...
November 04, 2015
Getting paid can be a challenge for small suppliers, especially those working with overseas clients. But corporate buyers face challenges due to their suppliers, too, most notably when it comes to regulatory compliance. A new service by Tradeshift, which already connects global buyers and suppliers on a single digital platform, wants to mitigate risk for […]
September 15, 2015
Some markets in the global economy have been anything but steady lately, and that’s posing some worrying obstacles for corporate money managers. In an interview with Finance Magnates published late...
September 15, 2015
The B2B ecosystem has been slowly pressing toward digitization, and procurement and B2B commerce is no exception. Innovators and service providers want to reduce the friction between corporate buyers and...
