article thumbnail

Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

Software designed to meet the needs of traditional procurement has focused on support for the RFQ process, vendor management, supply chain management, logistics, and delivery against contract issues. Traditional procure-to-pay software addresses many of the steps that do not apply to decentralized spending.

article thumbnail

Procure-to-pay (P2P) — Everything you need to know.

Airbase

It also offers real-time visibility into the entire procurement cycle — from requisition to payment — allowing organizations to monitor and analyze spending patterns, identify cost-saving opportunities, and maintain accurate financial records. Integrations are crucial for connecting P2P software with other systems, such as the ERP.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Charter School Budgets Limiting Spend Control, BuyQ Says

PYMNTS

But when an entity operates on public funds, the need for transparent, controlled spending becomes more critical. Public charter schools are often strapped for funding and resources, making spend management paramount.

article thumbnail

Procure-To-Pay Guides The Middle Market Into The Cloud

PYMNTS

” Data connectivity and API integrations are at the heart of that capability to seamlessly connect procurement to payment, spend management and beyond. . “But that has certainly changed, and the change has accelerated in the last year or so.”