14 min read
Expense Reports: A Comprehensive Guide
Sometimes, things just have to be paid here and now, so employees reach into their pockets to cover the work-related expenses with their own money. And that's okay, as long as the company reimburses that cost. For this to happen, expense reports must come into play.
25 min read
The Definitive Guide to Cost Savings
The COVID-19 pandemic and then the full-scale Russian invasion of Ukraine have proved that, at any moment, seemingly perfect plans and financial projections can suddenly become unrealistic.
10 min read
How Remilk, a Biotech Startup Achieved Financial Discipline and Full Budget Control from Day 1
Remilk was a brand new company without a structured procurement process in place. By implementing software as soon as they started scaling, they automated their workflows and ensured full control of spending. Read more about their journey with procurement software below.
9 min read
Open Invoice: Everything You Need to Know
As a business owner, an accountant, an employee of the finance department, or even a salesperson negotiating the contracts, you will eventually come across the term “open invoice.” This is true whether you are part of the buying company or the vendor.
10 min read
Top 5 KPIs for Purchasing Managers
Purchasing manager job responsibilities can vary greatly depending on the company. With some simple metrics, you can assess how well they are managing purchasing processes.
12 min read
Month-End Close Tips and Checklist: For Newbies to Experienced Closers
Would you say that your company did better last month than the one before? Do you have a plan for improving next month? To understand if they’re making progress with long-term goals, finance teams undergo regular month-end closes.
13 min read
Track the Supply Chain Metrics that Really Matter
Would you say that you have a good understanding of your company’s supply chain strengths and weaknesses? How spot-on are your plans and estimates for the supply chain cycle?
9 min read
The Importance of Visibility In the Supply Chain
Over the last few years, companies from all industries have seen true turbulence. With unexpected disruptions caused by increasingly frequent natural disasters, the COVID-19 pandemic, and the Russian war against Ukraine, supply chain visibility has become a new "must-have" for businesses.
