8 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.
10 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.
10 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.
13 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.
13 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.
10 min read
IT Procurement: How to Purchase IT Products and Services Effectively
Discover how to establish a successful IT procurement process and make informed decisions when acquiring new hardware and software.
9 min read
How Capital City Eliminated Duplicate Payments with Precoro
Learn how a public charter school automated its procurement process and now spends less than a minute on tasks that used to take up to a week.
