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

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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Jaggaer and Bottomline Partner on B2B Payments
Jaggaer and Bottomline Partner on B2B Payments
September 05, 2024  |  B2B Payments

Jaggaer and Bottomline have partnered to provide companies with more payment options for B2B transactions. Bottomline’s Paymode business payment network and its Premium ACH offering,...

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Freightos Acquires International Procurement Platform Shipsta
Freightos Acquires International Procurement Platform Shipsta
August 19, 2024  |  Earnings

The freight market makes the world’s trade and commerce go ’round. And, if the Monday (Aug. 19) second-quarter 2024 earnings call from freight booking and...

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Oracle Adds Pricing Rules to Supply Chain Management Platform
Oracle Adds Pricing Rules to Supply Chain Management Platform
August 13, 2024  |  Supply Chain

Oracle has added new user experience (UX) enhancements such as pricing rules for order management to the Oracle Fusion Cloud Supply Chain & Manufacturing (SCM)....

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Vista Equity Partners Buys Procurement Software Firm Jaggaer
Vista Equity Partners Buys Procurement Software Firm Jaggaer
August 13, 2024  |  Acquisitions

Investment firm Vista Equity Partners acquired procurement software company Jaggaer. “This new partnership with Vista underscores Jaggaer’s strong momentum and the compelling value our intelligent...

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Basware Integrates With Amazon Business to Streamline Purchasing
Basware Integrates With Amazon Business to Streamline Purchasing
July 01, 2024  |  B2B Payments

Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers,...

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Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
Zip Adds Generative AI Procurement Assistant to Spend Orchestration Platform
June 26, 2024  |  B2B Payments

Zip has added a generative artificial intelligence (AI) procurement assistant to its spend orchestration platform. The company has also added two other AI-powered capabilities —...

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Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
June 20, 2024  |  Business

When the operating landscape is uncertain and dynamic, businesses must prioritize controlling for what’s controllable. And with the news Thursday (June 20) that Amazon Business,...

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