Procurement Basics

procurement vs purchasing

20 min read

Procurement vs. Purchasing: Similar but Different

Detailed side-by-side comparison of procurement vs. purchasing. Learn why they aren’t the same and how the difference impacts your business.

Marta Holyk
Marta Holyk
Procurement Basics
ai in procurement

25 min read

AI in procurement: Applications, Challenges, and Mitigation Strategies

Explore the impact of AI in procurement and read about real-world applications, key challenges, and practical strategies to overcome them.

Marta Holyk
Marta Holyk
Procurement Basics
purchase order process

17 min read

Purchase Order Process—The Definitive Guide

A complete guide on purchase order process steps, the best optimization practices, and ways POs make a difference in your business operations and expenditures.

Marta Holyk
Marta Holyk
Purchase Orders
procurement reporting and dashboards

17 min read

How to Use Procurement Reporting and Dashboards to Make Data Actionable

Wondering what procurement data to analyze and how to do it right? Here’s everything you need to know about procurement reporting and dashboards.

Marta Holyk
Marta Holyk
Procurement Basics
Centralized Purchasing System: Key Benefits and Effective Strategies

16 min read

Centralized Purchasing System: Key Benefits and Effective Strategies

Learn all you need to know about centralized procurement and how it can benefit your company.

Marta Holyk
Marta Holyk
Procurement Basics
procurement kpis

10 min read

Procurement KPIs & Metrics: What To Focus on and How To Measure

Check out our list of the top 13 procurement KPIs, learn how to track them, and what to focus on to drive the most value for your company.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
supplier relationship management software

15 min read

Supplier Relationship Management Software: The Best Tools & Strategies

Discover the top five supplier relationship management software and explore ways to choose the perfect fit for your company.

Marta Holyk
Marta Holyk
Procurement Basics
gl codes in expense tracking

12 min read

GL Codes in Expense Tracking: Importance, Examples, and Best Practices

GL codes help businesses accurately track every transaction and ensure error-free reports. Learn how to use them for efficient expense management.

Marta Holyk
Marta Holyk
Procurement Basics