Procurement Basics

vendor vs supplier

16 min read

Vendor vs. Supplier: How to Distinguish and Manage

Are you buying from vendors or suppliers? Read about the differences and purpose of each. Find specific tips to build productive relationships.

Marta Holyk
Marta Holyk
Procurement Basics
global e-invoicing mandates 2026

29 min read

AP Automation and Global E-Invoicing Mandates for 2026

Learn how to survive global e-invoicing mandates across key regions and how to stay compliant and efficient with AP automation.

Anastasiia Svyr
Anastasiia Svyr
Accounts Payable
understanding procurement

14 min read

What Is Procurement? A Comprehensive Overview of Key Processes

Master the procurement process with our complete guide. Learn what procurement is, explore its key stages, and discover the role of dedicated software.

Marta Holyk
Marta Holyk
Procurement Basics
supply chain diversification

36 min read

Supply Chain Diversification: How Can You Build Supplier Options for Greater Resilience?

Learn about the nature of diversification in supply chains, using multiple supplier options to build up business resilience.

Maryna Marochko
Maryna Marochko
Supply Chain Management
vendor risk management

32 min read

What is Vendor Risk Management? A Complete Guide

Learn what vendor risk management is, why it matters, and how organizations can manage third-party risks with effective frameworks and tools.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
compliance vs risk management

26 min read

Compliance vs. Risk Management: Key Differences and IRM Integration

A compliant supplier can still fail. Compare compliance vs. risk management, see where they intersect, and what to measure with KRIs and KPIs.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
accounts payable policies

35 min read

Accounts Payable Policies: Structure, Template, and Best Practices

Accounts payable policies structure invoice processing organization-wide. Explore their key components, best practices, and automation options.

Maryna Marochko
Maryna Marochko
Accounts Payable
sourcing and procurement

25 min read

Sourcing and Procurement: One but Not the Same

A complete guide to sourcing and procurement, including key differences, types, practical examples, and best practices for unified and split models.

Marta Holyk
Marta Holyk
Procurement Basics