procurement

The business of platforms for purchasing goods and services — in other words, procurement — is alive and well. Case in point, Zip, a startup developing procurement software, yesterday anno

Companies tend to divide their procurement spending into two main buckets. The first is large purchases over $500,000 with some starting $1 million, depending on the size of the organization. Anything

Seriously: If you're not working to calibrate every system you have, you're just leaving money on the table.

The SaaS buying sprees of 2020 and 2021 have led to tech-stack fatigue, and IT departments are feeling the pressure of managing a complex and diverse set of tools and justifying ROI.

Given the recent economic downturn, some companies are skeptical that the pandemic-led move to remote and hybrid work will have staying power. According to an April survey by Good Hire, 77% of manager

Focal Point founder Anders Lillevik has spent more than 25 years in procurement, where he has observed that the vast majority of business was still being conducted using spreadsheets and email. He saw

It’s tempting to over-invest in best-in-class technologies to drive efficiencies and stand out, but that technological desire to keep up with the Joneses can come at a significant cost.

Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets or legacy tools to find the best price and come to an agr

The process to make any purchase within a business can be long and cumbersome, involving multiple departments and lots of back and forth. A pair of Airbnb alums have teamed up to build a software busi

Keelvar closed a $24 million Series B funding round led by 83North with participation from Elephant, Mosaic, and Paua.

The inspiration for Brazil-based Trela came from a person buying food for their neighbors directly from suppliers rather than the grocery store.

Tropic’s technology brings a click-and-approve approach to buying and managing all of that software.

A coordinated enforcement action focused on public sector bodies’ use of cloud services is kicking off across the European Union. More than 80 public bodies in a wide range of sectors, including

There are millions of tenders and public sector contracts published every year by governments globally. The value of all this is estimated to be about $5 billion, and is expected to reach $9 billion b

Meru customers can select and purchase products in minutes with a guarantee from the company that they will receive those products and at the best market prices.

The pandemic was a catalyst for showing companies looking to cut costs, just how much they were spending on their software tools.

Agora, a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management. 8VC, Tishman Speyer, Yahoo co-fou

It seems like everything is being pushed online now, but network procurement stubbornly has remained an in-person or phone-based negotiation. Lightyear, an early-stage New York City startup, decided t

The embedded fintech movement has just begun, but there is already a sister concept percolating: embedded procurement, which will allow businesses to buy things they need through vertical B2B apps.

As the pandemic has raged on, it has shone a spotlight on the importance of procurement, especially in certain sectors. Fairmarkit, a Boston startup, is working to bring a modern digital procurement s