Goldman Sachs Equity Growth and Brighton Park Capital lead the funding round for the company, which says it can reduce procurement process times from weeks to days or hours ...

Procurement orchestration platform company ORO Labs Inc. announced today that it has raised $100 million in new funding to accelerate its expansion, further develop its product and scale up customer ...

The Army expanded enterprise contracts, consolidating 118 agreements into 14 vehicles over the past eight months to streamline procurement.

Suppliers, distributors, and healthcare providers each operate their own IT systems to manage supply chain processes. These separate systems hinder data sharing and reduce the likelihood of true ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.

AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.