Procurement Basics

procurement excellence

19 min read

Procurement Excellence: Framework, Pillars, and Implementation Challenge

Learn what procurement excellence means, its core pillars, maturity stages, KPIs, and how it drives measurable business value.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
procurement optimization

13 min read

Procurement Optimization: How to Build a Framework for Consistent Purchasing

Your purchasing can be more effective. See how procurement optimization can build on the strengths of your process and address its weaknesses.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
Invoice reconciliation

19 min read

Invoice Reconciliation: What It Is, Benefits, and How to Reconcile Invoices

Understand how invoice reconciliation works, its benefits, and the best practices to reduce errors and speed up your AP process.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
procurement challenges

19 min read

Procurement Challenges and Solutions: From Strategy to Execution

Address procurement challenges head-on, from supply chain issues to vendor control, with cost-saving solutions.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
procurement organization structure

19 min read

Procurement Organization Structure and Design: How to Build a Fail-Proof System

Learn how centralized, center-led, and decentralized procurement organization structures impact your team and how to optimize your setup.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
global sourcing

18 min read

Global Sourcing 101: Meaning, Benefits, Challenges, and Trends

Learn how global sourcing works, explore its advantages, and understand how to manage suppliers effectively across borders.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
end to end procurement

17 min read

End-to-End Procurement: Why Siloed Processes Fail

See how end-to-end procurement transforms siloed workflows into a connected and transparent purchasing process.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
spend aggregation explained

12 min read

Spend Aggregation 101: How to Centralize and Optimize Corporate Spend

Watch spend aggregation improve compliance, accuracy, and cost control across your organization.

Anastasiia Svyr
Anastasiia Svyr
Spend Management