Procurement Basics

free po software vs paid software

10 min read

Free PO Software vs. Paid Software

Learn how to improve your business process by implementing purchasing order software and discover the differences between free and paid programs!

Marta Holyk
Marta Holyk
Procurement Basics
punchout catalogs

6 min read

PunchOut Catalogs: How They Work and Why Use Them

Learn everything about PunchOut catalogs: Definition, benefits, how they differ from hosted catalogs, and whether there is a better alternative.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
erp implementation

9 min read

Best Practices for ERP Implementation: 8 Tips for a Successful Rollout

Discover the most important steps of ERP implementation, how to select a project team, prepare for data migration, evaluate project success, pitfalls to avoid, and more.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
early payment discount

9 min read

Everything You Need to Know About the Early Payment Discount

For every $1 billion spent on POs, there are about 3 million dollars in early payment discounts left unclaimed. Read on to discover how to qualify for and negotiate a discount.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
procurement management tool

9 min read

Why a Procurement Management Tool is a Must for Efficient Purchasing

Procurement managers aim to deliver results while optimizing expenses.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
invoice approval

9 min read

How to Create an Invoice Approval Workflow: A Guide

Check out this complete guide on invoice approval workflow to learn more about the process, AP's best tips and tricks, and how manual workflow differs from automated.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
purchase requisition

9 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

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