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How Tech Leaders Are Using AI to Solve 10 Procurement Challenges

CIO

And yet, three to six months or more of deliberation to finalize a software purchasing decision. No wonder 90% of IT Executives in North America see software sourcing and vendor selection as a pain point. Ready to Transform the Way You Make Software Decisions? See also: How to know a business process is ripe for agentic AI. )

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YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

TechCrunch

One of the earliest in the space, Nigerian B2B e-commerce platform TradeDepot , raised a combined $110 million in debt and equity. Akinin said the next stage of JABU’s wallet system would see merchants offering other services to consumers on top of their digitized cash.

Retail 354
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Accord, which offers a platform to manage sales processes, secures $10M

TechCrunch

Accord , a collaboration platform designed to support business-to-business (B2B) sales, today announced that it raised $10 million in Series A funding from Matrix Partners, Nat Friedman and Y Combinator. “We started Accord to solve frustrating challenges in B2B sales,” Ross told TechCrunch in an email interview.

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Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

TechCrunch

Today, Bosch announced that it would be acquiring Five.ai , the autonomous driving startup that started with big ambitions to build and operate its own fleet of robotaxis but ultimately pivoted to focusing on technology development as a B2B play. ” It will be picking up not just IP from Five, but also some 140 employees in the U.K.

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Orb, which helps B2B companies price their products, raises $19.1M

TechCrunch

The initiatives were painful for both the engineering and finance departments, they say — which is when the pair realized that they wanted more flexibility over how software-as-a-service (SaaS) products were billed and monetized. The speed with which software businesses can evolve monetization will differentiate the winners.

B2B 244
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Korea’s Portlogics makes international shipping easier for merchants with its software tool

TechCrunch

Portlogics , a South Korean digital freight forwarder that offers a robotic process automation-based forwarding management system, wants to help merchants track international shipping logistics and get status updates on shipments, digitizing the process with its software tool. billion in 2030 , up from $2.92

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So much fintech M&A

TechCrunch

American Express announced that it has entered into an agreement to acquire Nipendo , a company that aims to automate and streamline business-to-business (B2B) payments processes for global businesses that has raised a known $12 million in funding. Both Vouch and Level are Y Combinator alums. Equity management platform Carta had a rough week.

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