3 min read
How Fintech Startup Tymit Increased Visibility and Significantly Shortened the Month-End Close
Learn how Tymit harnessed Precoro’s features to rule out typical startup challenges, improve visibility, and improve their AP process.
9 min read
How Does Purchase Order Financing Work?
Read about the purchase order financing process, its pros and cons, and how it can help a company land big orders to grow the business.
9 min read
5 Ways to Improve Finance Operations for SMBs
Small and midsize businesses are, while fragile, also in a perfect spot for growth. The durability and chances of success of an SMB often depends on the efficiency of its finance department, so let's talk about some of the strategies to improve finance operations for such companies.
12 min read
What Is Procurement? A Comprehensive Overview of Key Processes
Procurement plays a key role in business operations, from the simplest to the most complicated ones. Companies of all sizes and in all industries have to purchase things in order to function. Read how procurement ensures it’s done efficiently and why approaching it strategically is so important.
8 min read
Cost Centers: How to Understand and Optimize Them
Cost centers serve as critical components in any organization, offering a lens through which to analyze and manage expenses effectively. Read about the logic of cost centers and ways to manage them with maximum efficiency.
10 min read
Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation
In the ever-evolving landscape of business, inflation is something every stakeholder should care about. Learn how a procurement management plan can improve a company’s durability and mitigate the effects of inflation.
7 min read
How a Venture Capital Fund Manages Procurement for 11 Companies
Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time.
13 min read
Unlocking Success: Why Strategic Sourcing Matters
Would you like to improve your procurement process, develop supply channels, and gain a competitive advantage? Let's see how strategic sourcing can be helpful with the task.
