Procurement Basics

14 min read
Accounts Payable Ledger: Meaning, Examples, and Tips to Manage
Learn what an accounts payable ledger is, see practical examples, and discover expert tips to manage it efficiently for better financial control.

18 min read
Procurement Strategy: Your Action Plan for Proactive Purchases
Move from reactive buying to strategic procurement. With a procurement strategy, every purchase contributes to your business goals.

14 min read
Should-Cost Model 101: How to Build, Calculate, and Negotiate?
Discover how to build and calculate a should-cost model and use it to negotiate smarter pricing and improve procurement outcomes.

18 min read
The Ultimate Guide to Cloud Procurement: Everything You Need to Know
Explore how cloud procurement modernizes purchasing workflows. Get a breakdown of its benefits, deployment models, and what features to look for.

17 min read
How Procurement Automation Benefits Each Step of the Procurement Process
Learn why procurement automation matters more than ever, where it makes the biggest difference, and what issues you’ll encounter.

17 min read
Procurement Transformation Guide: Best Practices and Roadmap Steps
Learn why procurement transformation can be a strategic game-changer, even for businesses with systems that work “just fine.”

15 min read
Single Source vs. Sole Source: What Is the Difference?
Find out the differences between single source vs. sole source, along with their benefits, challenges, and examples.

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.