Procurement Basics

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.

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.

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.

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.

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.

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.

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.

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.