Procurement Basics

free po software vs paid software

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

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

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

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
invoice approval

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

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

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
purchasing manager

Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Every company, whether a small business or large enterprise, needs to purchase different goods and services for their daily operations. These purchases represent anywhere from 20 to 40% of the total company spend.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics