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.
9 min read
How To Overcome The Current Supply Chain Disruptions As A Manufacturer
As a manufacturer, your factory floor may be where your products come to life. Yet the goings-on in your factory can mask the critical role external actors play when asking for the inputs you need to confirm product delivery to the end user.
13 min read
Stay on Top of Business Finances with Budgeting and Budgetary Control
No matter the size or the market, controlling spending is a top priority for any business. Organizations have to maintain control over budgeted costs and actual spending to ensure stable growth and sustainable development.
14 min read
What Is Spend Management and Why Is It Important?
To earn money, a business needs to spend money first. Raw materials, maintenance services, and qualified employees are just a few on the long list of typical company expenditures.
13 min read
Accounts Payable and Receivable – Two Sides of One Coin
Every business starts with spending and ends with earning. But is it always about the actual cash? Accounts payable and accounts receivable become part of the cash flow before any actual money reaches bank accounts. Let's see how.
6 min read
Product Update, November 2022
November might’ve seemed cold and gray, but at Precoro it’s been filled with creative energy.
11 min read
Why Implementing 3-Way Matching is Important
58% of AFP Payments Fraud and Control Survey respondents report that email scams have at some point targeted their accounts payable departments. What can businesses do to protect themselves from paying money for fraudulent invoices? They can introduce three-way matching to the purchasing flow.
