News — EProcurement

The sizable B2B commerce economic sector is going digital, and more than 13 percent of the U.S.’s B2B transactions are expected to take place online by 2021. Traditional purchasing, which occurs when corporate buyers call in orders and receive paper invoices via postal mail, is being replaced with newer methods that have buyers shopping on B2B eCommerce platforms or automatically sending purchase order details directly to vendors through digital channels. These practices reduce the headaches involved in managing paper invoices, give buyers faster purchasing experiences and bring services online, where they can reach more customers. Creating smooth digital purchasing processes...