eCommerceNews Asia - Technology news for digital commerce decision-makers

Procurement stories

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UK businesses embrace Gen AI in procurement for efficiency gains
3 days ago
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digital transformation
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creative technologies
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ai
Almost 25% of UK firms have adopted Generative AI in procurement, cutting manual tasks by 44%, reveals Ivalua research. Future efficiency gains are projected.
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AI-driven sourcing cuts costs by 20% for Global 2000 firms
Last week
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ai
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productivity
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procurement
AI-driven procurement by Globality and HFS Research shows Global 2000 firms boosting productivity by 70% and cutting costs by 20%, enhancing efficiency.
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Why ‘MACH’ is not just another tech stack ‘buzzword’
Last week
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martech
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procurement
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microservices
MACH – Microservices, API-first, Cloud-native, and Headless – transcends tech jargon, offering organisations the agility and scalability needed in modern MarTech stacks.
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Beroe invests in AI firm Forestreet to enhance procurement tools
This month
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ai
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it strategy
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investment
Beroe has made a strategic investment in Forestreet, enhancing its AI-driven procurement intelligence with advanced supplier discovery technology. Vel Dhinagaravel joins Forestreet's board.
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One-third of UK businesses hit by invoice fraud in past year
Last month
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procurement
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spend management
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isg
Nearly a third of UK businesses fell victim to invoice fraud in the past year, with only 39% preventing fraudulent payments.
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Cegid integrates generative AI into retail solutions
Last month
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smartphones
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apple
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digital transformation
Cegid integrates generative AI into its Cegid Retail solutions, showcased at Cegid Connections Retail in Rome, aiming to transform retail with intelligent agents.
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Boomi study reveals need for composability in enterprise software
Last month
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ml
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ai
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customer service
Boomi's latest global study, sponsored by IFS and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.
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Indosat & Google Cloud expand AI collaboration in Indonesia
Last month
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hcm
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payroll systems
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power / energy
Indosat Ooredoo Hutchison and Google Cloud are deepening their partnership to transform Indosat into an AI-driven tech enterprise, enhancing service for over 100 million customers.
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Sync secures GBP £6 billion ICT framework with HeathTrust Europe
Last month
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microsoft
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edutech
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sustainability
Manchester's Sync wins spot on HeathTrust Europe's £6 billion ICT Solutions Framework, joining 10 other suppliers to deliver digital solutions.
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McConnell Dowell invests in tech to enhance Melbourne projects
Last month
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saas
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digital transformation
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project management
McConnell Dowell partners with TechnologyOne to bolster Melbourne's key infrastructure projects through a GBP £45 million investment in cutting-edge SaaS technology.
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Ingram Micro launches AWS Marketplace solutions for partners
Fri, 31st May 2024
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firewall
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it training
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migration
Ingram Micro launches a new AWS Marketplace DSOR feature, aiming to help partners streamline sales cycles and elevate cloud solution development and selling.
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Ivalua to enhance NCC Sweden's supply chain risk management
Wed, 29th May 2024
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sustainability
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construction
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procurement
Ivalua to digitise NCC Sweden’s supply chain with advanced risk and performance management, aiming to curb annual revenue losses of up to 15%.
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Cynthia Hanley joins Anglicare Southern Queensland as CFO
Tue, 21st May 2024
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sustainability
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ml
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ai
Anglicare Southern Queensland has named Cynthia Hanley as its new CFO. Hanley, with over 20 years' experience, aims to bolster sustainability and modern practices at the not-for-profit organisation.
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The reshoring evolution: Western countries drive to reclaim supply chains
Wed, 8th May 2024
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sustainability
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fintech
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physical security
COVID-19 has highlighted the fragility of global supply chains, pushing Western nations to reshore production for increased resilience, economic benefits, and sustainability.
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Central Highlands Water embraces transformation with Infor
Tue, 30th Apr 2024
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cloud services
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digital transformation
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public sector
Victoria's Central Highlands Water engages Infor CloudSuite Public Sector for digitisation, predicting streamlined budgeting and reporting.
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Conferma welcomes fintech expert Kriya Patel as Non-Executive Director
Thu, 18th Apr 2024
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fintech
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martech
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commerce systems
Virtual payments leader Conferma boosts its strategic expansion plan, appointing seasoned fintech executive Kriya Patel as new Non-Executive Director amid significant company rebranding.
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Exclusive: How Portt is seeing the procurement landscape evolve
Mon, 15th Apr 2024
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edutech
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wfh
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compliance
Silvério Governo of Portt discusses the company's innovative approach to procurement and spend management, addressing sector-specific challenges and leveraging technology.
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Four key factors procurement teams face that affect business success
Thu, 11th Apr 2024
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compliance
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business success
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spend management
Procurement teams face challenges of compliance, supply chain risk, savings focus and securing approval for technology investments, impacting an organisation's business success.
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Paris start-up Mindee unveils AI-powered document processing tool
Fri, 29th Mar 2024
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saas
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fintech
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ai
Paris-based start-up Mindee introduces AI-driven tool docTI, revolutionising document processing in SaaS products by bypassing data model training, boosting tech industry efficiency.
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Outdated tech & board ignorance costing businesses
Tue, 13th Feb 2024
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cx
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martech
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ai
Outdated technology and lack of understanding at board level could be causing enterprises to miss out on advantages of modern software.