Procurement Basics
2 min read
How to Improve Performance Through Procurement Automation
In today’s competitive business landscape, organisations are under pressure to improve performance whilst reducing costs. One area where businesses can make significant efficiency gains is in their procurement function.
2 min read
Automating Tasks: Excel vs. SaaS
In the business world, time is money. The faster you can get tasks done, the more productive you and your team can be. That's why task automation is so important. But what's the best way to automate tasks?
1 min read
The 3 Most Common Procurement Problems (and How to Fix Them)
Lack of Visibility Into Spend One of the biggest challenges facing procurement managers is lack of visibility into company spend. Without knowing where your money is going, it's difficult to make informed decisions about where to cut costs or where to allocate additional funds. The solution? Implementing a
1 min read
Procurement Process: An Overview
In business, procurement is the process of acquiring goods or services. The main purpose of procurement is to ensure that the company can obtain the necessary materials and services in a timely and cost-effective manner.
2 min read
How to Create a Procurement Game Plan
Every organization has different procurement needs, which means that there is no one-size-fits-all solution when it comes to procurement. However, there are some best practices that all organizations can follow to ensure that their procurement process is as efficient and effective as possible.
2 min read
Indirect vs. Direct Goods and Services: What's the Difference?
Indirect goods and services are those that are not essential to the core product or service of a company. They are often used in the production or delivery of a company's primary offering, but they are not themselves the primary offering.
2 min read
What is High-Level Procure to Pay?
Procure to pay, also known as P2P, is the process of acquiring goods or services and then making payments for those goods or services. The procure to pay process usually consists of four main stages: requisition, purchase order, receipt, and invoice.
1 min read
How the "Procurement Cult" is Killing Innovation
In today's business environment, the pressure to cut costs is greater than ever. As a result, many organizations have turned to procurement to save the day.
