Procurement Basics

rfi definition

14 min read

What is an RFI? Templates and Tips on How to Write Effective RFIs

Learn the meaning of an RFI with easy-to-follow examples, templates, and use cases. Get pro tips to write impactful RFIs for smarter bid decisions.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
accounts receivable vs accounts payable

17 min read

The Role of Accounts Receivable vs. Accounts Payable

How well you manage accounts receivable vs. accounts payable can make or break your company’s cash flow and long-term financial health.

Marta Holyk
Marta Holyk
Procurement Basics
maverick spend

17 min read

Maverick Spend: Causes, Risks & Mitigation Strategies

Learn what maverick spend is, why it happens, and how to combat it with effective procurement strategies.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
accounts payable outsourcing

14 min read

Accounts Payable Outsourcing or In-House AP: Here’s What to Consider

Discover the benefits and drawbacks of accounts payable outsourcing and when in-house AP with automation is a better option.

Marta Holyk
Marta Holyk
Procurement Basics
procurement and project management: what to choose

15 min read

Essential Guide to Procurement and Project Management

Discover how to integrate procurement and project management, create a Project Procurement Management Plan (PPMP), and boost project efficiency.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
erp procurement

18 min read

When ERP Procurement Falls Short and What’s the Alternative?

Curious about procurement automation and whether an ERP procurement module will do the job? Here’s all you need to know before making the decision.

Marta Holyk
Marta Holyk
Procurement Basics
notes payable vs. accounts payable

18 min read

Notes Payable vs. Accounts Payable | Key Differences, Impact, and Tips

Learn how to distinguish notes payable vs. accounts payable, assess their impact, and optimize management. Test your understanding with a quick quiz!

Marta Holyk
Marta Holyk
Procurement Basics
blanket PO vs. standard PO: what's the difference

13 min read

Blanket PO vs. Standard PO: Guide For Recurring Purchases [2025]

Streamline recurring purchases. Unlock the potential of blanket PO and standard purchase orders with our comprehensive guide.

Anastasiia Svyr
Anastasiia Svyr
Purchase Orders