7 min read
How Opna Bio SA Built a Successful Procurement Process as a Biotech Startup
Learn why a biotech startup, Opna Bio, implemented purchasing software during the company setup and how that decision contributed to their efficient operations.
11 min read
How Bright Peak Therapeutics Built Their Procurement Process from the Ground Up + Update
Learn how a biotech company went from having no procurement workflow in place to 100% confidence in their purchasing operations and follow the company's story of scaling up the purchasing process as the business grew.
7 min read
PO Numbers in Procurement: Why Every Company Should Use Them
How can companies make their purchase orders super accessible and improve the overall tracking of ordered goods? Use PO numbers!
13 min read
Procure-to-Pay vs. Intake-to-Pay: What You Need to Know
Recently, intake-to-pay software has emerged as an alternative to procure-to-pay systems. Let's compare the two and see how they differ in practice.
9 min read
Five Foolproof Ways to Shorten the Cash Conversion Cycle
How do companies improve their cash flow and liquidity? By shortening the cash conversion cycle! There are five main tips you should know.
9 min read
The Top 5 Skills Every Procurement Manager Needs
Explore the most important skills for procurement managers. Plus, read about common challenges for a purchasing manager and how to solve them.
12 min read
Purchase Order vs. Invoice: Do You Need Both?
While some companies choose not to create POs for invoices, studies show this approach comes with considerable downsides.
12 min read
GAAP for Accounts Payable: What It Is and Why It's Important
What are the Generally Accepted Accounting Principles and how can they increase transparency in the AP process? Explore the importance and fundamental rules of GAAP.
