Procurement Basics

supply chain disruptions

9 min read

How To Overcome The Current Supply Chain Disruptions As A Manufacturer

As a manufacturer, your factory floor may be where your products come to life. Yet the goings-on in your factory can mask the critical role external actors play when asking for the inputs you need to confirm product delivery to the end user.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
spend analysis

17 min read

Spend Analysis: Best Practices

Learn how to conduct spending analysis to identify unnecessary expenses and underperforming suppliers. You can't optimize it when you don't see it!

Marta Holyk
Marta Holyk
Procurement Basics
budgeting

13 min read

Stay on Top of Business Finances with Budgeting and Budgetary Control

No matter the size or the market, controlling spending is a top priority for any business. Organizations have to maintain control over budgeted costs and actual spending to ensure stable growth and sustainable development.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
free po software vs. paid software

9 min read

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
spend management

14 min read

What Is Spend Management and Why Is It Important?

To earn money, a business needs to spend money first. Raw materials, maintenance services, and qualified employees are just a few on the long list of typical company expenditures.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
punchout catalogs

6 min read

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
accounts payable and accounts receivable

13 min read

Accounts Payable and Receivable – Two Sides of One Coin

Every business starts with spending and ends with earning. But is it always about the actual cash? Accounts payable and accounts receivable become part of the cash flow before any actual money reaches bank accounts. Let's see how.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
erp implementation

9 min read

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