Reminders

B2B Commerce Networks Follow the Money

By Heather Ashton – November 13, 2013
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There is no doubt that the popular adage, "follow the money," is a resounding theme across businesses. On the B2B commerce side, IDC Manufacturing Insights is seeing an increased focus on following the money that exchanges hands as part of the buyer-supplier transaction for direct (and indirect) procurement. Specifically, IT suppliers are building B2B commerce networks that not only facilitate the business processes involved in finding, ordering, and receiving materials and goods necessary for the manufacture of their products, but also ensuring that the financial transaction is similarly facilitated and captured within these commerce networks.

 

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