Procurement Basics

Purchase Requisition – What Is It and Does Your Business Need It?

8 min read

Purchase Requisition – What Is It and Does Your Business Need It?

Have you ever felt overwhelmed with numerous employees’ requests to buy things? Purchasing for the business is universal, but what matters the most is how it’s handled. Read on how to utilize Purchase Requisitions to start the procurement process on the right note.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Invoice Automation: How It Works

11 min read

Invoice Automation: How It Works

What is invoice automation and how it works, manual invoicing challenges and their solution, as well as useful tips included.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
Creating an Efficient Approval Workflow: Complete How-To Guide

13 min read

Creating an Efficient Approval Workflow: Complete How-To Guide

Approval workflow definition, its elements, types, and steps for smooth implementation — learn everything you need to create efficient approval processes.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
Vendor vs. Supplier: How to Distinguish and Manage

7 min read

Vendor vs. Supplier: How to Distinguish and Manage

In 2020, the global Supply Chain Management market was valued at $15.85 bln. And is expected to double by 2026. Efficient SCM starts with a well-managed network of suppliers and vendors.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Cloud Procurement: All You Need to Know

10 min read

Cloud Procurement: All You Need to Know

All you want to know about cloud procurement and its categories. Tips for smooth implementation, best strategies, and benefits for your business included.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
Procurement Strategy. How to Get it Right? [Guide + Template]

13 min read

Procurement Strategy. How to Get it Right? [Guide + Template]

When procurement strategy is aligned with the business goals, expect up to 3.8x higher ROI. Read on strategy types and follow a step-by-step template to develop one.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
The Ultimate Guide to Invoice Management

11 min read

The Ultimate Guide to Invoice Management

An ultimate guide to best invoice management practices, their benefits for your business, and ways to simplify the invoicing process.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
Procure-to-Pay Process: End-to-End Guide

5 min read

Procure-to-Pay Process: End-to-End Guide

Everything you wanted to know about P2P: definition, importance, process steps explained, automation, software solution must-haves, and best practices.

Lora Arbuzova
Lora Arbuzova
Procurement Basics