Procurement Basics

vendor relations

17 min read

Vendor Relations 101: From Transactions to Strategic Decisions

Discover how to build long-term vendor relations with practical frameworks and actionable advice.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
requisition numbers in procurement

14 min read

Everything You Need to Know About Requisition Numbers in Procurement

Find out how requisition numbers help companies keep their purchase requests clear, traceable, and easy to manage from start to finish.

Marta Holyk
Marta Holyk
Procurement Basics
po invoice processing

15 min read

A Complete Guide to PO Invoice Processing: Misconceptions and Best Practices

Learn how to avoid PO invoice processing bottlenecks and get the most out of every invoice.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
vendor scorecard how to make and how to calculate

16 min read

Vendor Scorecard: Definition, Benefits, and Examples

Discover vendor scorecards, learn about their benefits, and explore practical examples to enhance your supplier management process.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
procurement category management

16 min read

Procurement Category Management: Step-by-Step Guide with Examples

A clear, step-by-step guide to help you apply category management in your procurement process, with practical examples.

Marta Holyk
Marta Holyk
Procurement Basics
financial forecasting

17 min read

Financial Forecasting: What It Is, Why It Matters, and How to Get It Right

Learn how businesses use financial forecasting to create future-proof strategies and embrace upcoming challenges.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
what is t account

12 min read

T-Accounts: Meaning, Examples, Benefits, And Recording

Learn what T-accounts are in accounting with clear T-account examples, key benefits, and a simple guide to transaction recording.

Anastasiia Svyr
Anastasiia Svyr
Accounts Payable
procurement compliance

14 min read

Procurement Compliance Explained: Examples, Challenges, and Best Practices

Follow procurement compliance best practices and tackle non-compliant instances with proven methods.

Svitlana Mysak
Svitlana Mysak
Procurement Basics