Modernizing Procurement Processes News Today

Bamboo Rose has added supplier relationship management (SRM) capabilities to its retail management platform.

Iris Software Group has launched an integration with Amazon Business that will help schools in the U.K. streamline their purchasing process. 

Spendesk has acquired Okko to integrate procurement and spend management for mid-sized businesses into its existing spend management platform.

Settle has added an Automatic 3-Way Matching for Purchase Orders feature to its cash-flow management platform.

Businesses are injecting millions into artificial intelligence, automation and digital payments technology to bridge the supply chain modernization gap and enhance operational efficiency.

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding that it will use to fuel its expansion in Europe.

FreightTech company Flock Freight has a letter to Biden administration officials that offers the company’s help in optimizing the nation’s supply chains.

The supply chain nightmares of 2021 and 2022 are fading, in large part due to payments modernization undertaken since those dark days to make sure we don’t…