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IBM Deploys Trust Your Supplier Solution

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Dubbed Trust Your Supplier, the blockchain network enables businesses to more efficiently validate and onboard their vendors while maintaining a secure audit trail of buyer-supplier interactions down the supply chain, reports in ZDNet said Monday (Aug.

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How AR-AP Connectivity Works To Deepen Buyer-Supplier Ties

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As a whole, these services have one thing in common: They all reflect technology’s heightened ability to promote stronger buyer-supplier partnerships, with solutions that deepen AR-AP ties while also looking at ways to use automation, data intelligence and FinTech to ease friction for both ends of the B2B transaction.

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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

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Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave.

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Supplier Management Attracts $12M In Venture Capital

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SirionLabs provides multinational companies with a way to manage and analyze supplier contracts and provide auditing and other solutions with the information. “Traditional procurement technology doesn’t cut the ice; managing the vendor after signature is the order of the day.”

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Procurement Is Ground Zero For Cybersecurity Protection

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“The tools they have are to go tear up the floorboards and assess those organizations — to send out a team of people to do security audits, inspections, questionnaires. “Usually, within the banks, it’s the procurement function that’s accountable for managing vendor risk,” Clare explained.