Procurement Basics
Purchase Order vs. Invoice: Do You Need Both?
While some companies choose not to create POs for invoices, studies show this approach comes with considerable downsides.
GAAP for Accounts Payable: What It Is and Why It's Important
What are the Generally Accepted Accounting Principles and how can they increase transparency in the AP process? Explore the importance and fundamental rules of GAAP.
Month-End Close Tips and Checklist: For Newbies to Experienced Closers
Would you say that your company did better last month than the one before? Do you have a plan for improving next month? To understand if they’re making progress with long-term goals, finance teams undergo regular month-end closes.
IT Procurement: How to Purchase IT Products and Services Effectively
Discover how to establish a successful IT procurement process and make informed decisions when acquiring new hardware and software.
Track the Supply Chain Metrics that Really Matter
Would you say that you have a good understanding of your company’s supply chain strengths and weaknesses? How spot-on are your plans and estimates for the supply chain cycle?
Sustainable Procurement: Everything You Need to Know
Discover how sustainable procurement is revolutionizing business practices and driving a positive impact on our planet and society.
Spend Analysis: Best Practices
Learn how to conduct spending analysis to identify unnecessary expenses and underperforming suppliers. You can't optimize it when you don't see it!
Stay on Top of Business Finances with Budgeting and Budgetary Control
No matter the size or the market, controlling spending is a top priority for any business. Organizations have to maintain control over budgeted costs and actual spending to ensure stable growth and sustainable development.