PROCUREMENT TECHNOLOGYCURRENT

Follow the systems behind every commercial decision.

Coverage desk

Policy & Standards

Source-backed reporting and analysis connected to the companies, capabilities, authorities, and operating domains it affects.

ISO 44001 structures collaborative relationships—not a sourcing award

ISO 44001 specifies requirements and a framework for identifying, developing, and managing collaborative business relationships within or between organizations. Selecting a supplier or completing an award can begin a relationship, but it does not establish the management system or its continuing performance.

Peppol BIS Billing links invoice verification to source records

Peppol BIS Billing supports invoice verification against order, contract, receipt, and delivery references. Buyers still need governed records for approval, exceptions, tax, accounting, and payment.

OCDS makes change history part of the contracting record

The Open Contracting Data Standard separates immutable releases from the record that compiles a contracting process. That distinction exposes whether procurement technology preserves change or merely shows the latest value.

EU Council adopts the VAT in the Digital Age package

The March 2025 adoption starts a multi-year implementation path for digital reporting and e-invoicing that procurement and finance systems must treat as staged jurisdictional change.

The UK Procurement Act enters into force

The February 2025 commencement moves reform from preparation into live public-commercial workflows across planning, tendering, award, contract management, notices, and transparency.