Inverto boosts senior European team with Giovanni Giacchetti and Simon Treis

International procurement and supply chain consulting firm Inverto has strengthened its leadership team with senior appointments in Italy and Switzerland.
Cargill & Hafnia Launch Seascale Platform

Cargill’s Ocean Transportation business and leading tanker shipping company, Hafnia, have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker business Pure Marine Fuels and Hafnia’s Bunker Alliance.
Fraxion and ZAGENO Announce Partnership to Optimize Procurement and Drive Savings in Biotechnology

This powerful integration seamlessly connects Fraxion’s efficient, compliant procure-to-pay automation with ZAGENO’s expansive marketplace via PunchOut, providing users with a streamlined procurement experience.
AI-Powered Procurement Evolution: Inception-Fairmarkit Alliance Launches

Inception, a G42 company specializing in AI-native products, has signed a Memorandum of Understanding with Fairmarkit, a U.S.-based leader in procurement sourcing automation.
Zip Named to Forbes Fintech 50 as Procurement Innovation Leader

Zip, the world’s leading intake and procurement orchestration platform, today announced its selection to the 2025 Forbes Fintech 50 list.
How changes to the Procurement Act 2023 will impact contracting authorities and suppliers

The clock is ticking for the public and private sectors to prepare for a new era once the Procurement Act 2023 comes into effect, says Shamayne Harris, head of procurement at consultancy Pagabo.
AI-Driven Features from Coupa Power Supplier Collaboration

Coupa unveils over 100 new features to help businesses increase operational efficiency and supplier collaboration and engagement, while streamlining processes and improving visibility and control across all business spend.
Enterprise Nation appoints SME supplier diversity champion

Enterprise Nation has appointed Maggie Berry OBE to lead its SME supplier diversity strategy ahead of the UK Procurement Act coming into force later this month.
Procurement Embraces Innovation Amid Global Challenges, Ivalua and Procurious Report Finds

The latest report from Ivalua, a global leader in spend management, and Procurious, titled “Next Level Procurement: Embracing GenAI and Whatever Comes Next,”
Comstruct raises $13M to simplify the procurement process for construction firms

Comstruct is announcing a €12.5 million round ($13 million at current exchange rates) led by GV and 20VC with existing investors Booom and Puzzle Ventures investing once again.