Procurement Basics

Purchase Order Process — The Definitive Guide

7 min read

Purchase Order Process — The Definitive Guide

A complete guide on purchase order process steps, the best optimization practices, and ways POs make a difference in your business operations and expenditures.

Lora Arbuzova
Lora Arbuzova
Purchase Orders
How to Record Fixed Assets in QuickBooks Online

5 min read

How to Record Fixed Assets in QuickBooks Online

Check out this short guide to learn what is a fixed asset in QuickBooks Online, how it works, and how to record fixed assets in your QBO accounting system.

Lora Arbuzova
Lora Arbuzova
Integration Tips
Sourcing and Procurement: One but Not the Same

9 min read

Sourcing and Procurement: One but Not the Same

A complete exploration of two closely related but different processes. In-depth comparison, recent trends, and best practices included.

Lora Arbuzova
Lora Arbuzova
Procurement Basics
Procurement vs. Purchasing: Similar but Different

8 min read

Procurement vs. Purchasing: Similar but Different

Learn why purchasing and procurement aren’t the same and how the difference influences your business. Detailed side-by-side comparison and process description.

Lora Arbuzova
Lora Arbuzova
Procurement Basics
Blanket PO vs. Standard PO: Which is Your Perfect Match?

9 min read

Blanket PO vs. Standard PO: Which is Your Perfect Match?

Difference between purchase order and blanket purchase order. Order types overview. Pros & cons. Step-by-step creation instructions. Best usage practices.

Lora Arbuzova
Lora Arbuzova
Purchase Orders
8 Supplier Management Best Practices any business can implement

5 min read

8 Supplier Management Best Practices any business can implement

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems:

Daryna Rodriguez
Daryna Rodriguez
Supplier Chain Management
How to automate Purchase Orders? — Purchasing Automation Pros and Cons.

4 min read

How to automate Purchase Orders? — Purchasing Automation Pros and Cons.

Supply Chain Management is a pillar for a successful business. Timely ordered goods and services keep your business running, your inventory full, your employees happy and productive. When you run this process efficiently, it saves you time and money by cutting costs, nurturing long-term supplier relationships, and optimizing your workflows.

Daryna Rodriguez
Daryna Rodriguez
Purchase Orders
Strategic Spend Management: 5 Steps to Automate Your Processes

4 min read

Strategic Spend Management: 5 Steps to Automate Your Processes

‌‌ Small businesses in America are thriving and many people are jumping on the bandwagon because of the exceptional growth rate. But while your own enterprise may experience success, you are still likely to face the same set of challenges as other new proprietors have. One of them being spend management,

Daryna Rodriguez
Daryna Rodriguez
Procurement Basics