Procurement Basics
15 min read
Centralized Purchasing System – Key Benefits and Effective Strategies
For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. Each model has its perks, and choosing the best fit can feel like walking a tightrope. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits
10 min read
Procurement KPIs & Metrics: What To Focus on and How To Measure
Check out our list of the top 13 procurement KPIs, learn how to track them, and what to focus on to drive the most value for your company.
13 min read
Supplier Relationship Management Software: The Best Tools & Strategies
Discover the top five supplier relationship management software and explore ways to choose the perfect fit for your company.
13 min read
Top-8 Procurement Strategies in 2024: Where to Start and How to Get Them Right?
When procurement strategy is aligned with the business goals, businesses can count on high-value results. Read about strategy types and follow a step-by-step template to develop one.
10 min read
GL Codes in Expense Tracking: Importance, Examples, and Best Practices
GL codes help businesses accurately track every transaction and ensure error-free reports. Learn how to use them for efficient expense management.
10 min read
Why a Well-Managed Procurement Catalog Is a Must for Cost Efficiency
Let’s discuss how businesses can drive purchasing efficiency and optimize costs by using software for procurement catalogs.
18 min read
E-Invoicing Software Solutions and Tips on How to Select the Best One
E-invoicing is a cost-efficient and time-saving alternative to the manual process. Discover benefits and tips for implementation.
19 min read
Online Procurement System: Guide to Choosing the Right Tool
An online procurement system is essential for full visibility and control over budgets, expenses, and purchases. Learn how to choose the best fit for you.
