Procurement Basics

17 min read
Vendor Management Lifecycle: How to Choose, Manage, and Offboard Vendors
Bring structure to your partnerships with the vendor management lifecycle. Discover the steps, pain points, and best practices to address them.

13 min read
Financial Audit: Definition, Types, and Best Practices
Financial audit coming up? This guide explains what it is, how it works, and shares tips to prepare and improve your results.

14 min read
Procurement Intelligence: From Unstructured Data to Strategic Insights
Relying on old records is no longer enough. Learn how procurement intelligence helps develop a forward-looking strategy with real-time insights.

14 min read
Accounts Payable Ledger: Meaning, Examples, and Tips to Manage
Learn what an accounts payable ledger is, see practical examples, and discover expert tips to manage it efficiently for better financial control.

18 min read
Procurement Strategy: Your Action Plan for Proactive Purchases
Move from reactive buying to strategic procurement. With a procurement strategy, every purchase contributes to your business goals.

13 min read
Should-Cost Model 101: How to Build, Calculate, and Negotiate?
Discover how to build and calculate a should-cost model and use it to negotiate smarter pricing and improve procurement outcomes.

18 min read
The Ultimate Guide to Cloud Procurement: Everything You Need to Know
Explore how cloud procurement modernizes purchasing workflows. Get a breakdown of its benefits, deployment models, and what features to look for.

17 min read
How Procurement Automation Benefits Each Step of the Procurement Process
Learn why procurement automation matters more than ever, where it makes the biggest difference, and what issues you’ll encounter.