Procurement Basics

what is t account

12 min read

T-Accounts: Meaning, Examples, Benefits, And Recording

Learn what T-accounts are in accounting with clear T-account examples, key benefits, and a simple guide to transaction recording.

Anastasiia Svyr
Anastasiia Svyr
Accounts Payable
procurement compliance

14 min read

Procurement Compliance Explained: Examples, Challenges, and Best Practices

Follow procurement compliance best practices and tackle non-compliant instances with proven methods.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
cost efficiency guide

11 min read

Cost Efficiency: Definition, Examples, and Best Practices

A complete guide to cost efficiency in operations, budgeting, and procurement. Learn definitions, examples, and top methods to cut waste and maximize ROI.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
what are double invoices, and how to find and stop them

10 min read

What Are Duplicate Invoices, How to Spot & Prevent

Discover what causes duplicate invoices and the best techniques and tools to spot and stop them before they lead to payment issues.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
ai in finance for cfos

16 min read

AI in Finance: How AI Tools Reshape the CFO’s Role

Discover how AI in finance is reshaping executive roles and what leaders can do to navigate the shift smoothly.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
invoice fraud defintion

16 min read

Invoice Fraud: What It Is, Ways to Spot It, and Steps to Stop It

Learn about invoice fraud, identify its red flags, and prevent costly scams with our guide.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
sales order vs purchase order what the difference

11 min read

Sales Order vs. Purchase Order: A Beginner's Guide

Think back to the last time your business hit a procurement roadblock. Perhaps it was a mixed-up purchase order or an inaccurate sales order—pricey yet worthwhile lessons. In this guide, we walk you through basic procurement concepts (e.g., what a sales order is vs. a purchase order and

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
cost control

18 min read

Cost Control: A Key to Sustainable Budgeting

Explore the importance of cost control in your business. Learn practical strategies to manage your expenses and invest in lasting growth.

Svitlana Mysak
Svitlana Mysak
Procurement Basics