Procurement Basics

purchasing manager

7 min read

Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Every company, whether a small business or large enterprise, needs to purchase different goods and services for their daily operations. These purchases represent anywhere from 20 to 40% of the total company spend.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
approval workflow

13 min read

Creating an Efficient Approval Workflow: Complete How-To Guide

Approval workflow definition, its elements, types, and steps for smooth implementation — learn everything you need to create efficient approval processes.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
vendor vs supplier

8 min read

Vendor vs. Supplier: How to Distinguish and Manage

In 2020, the global Supply Chain Management market was valued at $15.85 bln.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
cloud procurement

10 min read

Cloud Procurement: All You Need to Know

All you want to know about cloud procurement and its categories. Tips for smooth implementation, best strategies, and benefits for your business included.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
invoice management

11 min read

The Ultimate Guide to Invoice Management

An ultimate guide to best invoice management practices, their benefits for your business, and ways to simplify the invoicing process.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
purchase order management

10 min read

Purchase Order Management: a Key to Efficient Business

Ways to make sure your company’s purchase orders are managed smoothly, cost- and time-efficiently, with the best procurement practices brought to life.

Marharyta Golobrodska
Marharyta Golobrodska
Purchase Orders
procure to pay

5 min read

Procure-to-Pay Process: End-to-End Guide

Everything you wanted to know about P2P: definition, importance, process steps explained, automation, software solution must-haves, and best practices.

Lora Arbuzova
Lora Arbuzova
Procurement Basics
fixed assets in quickbooks

5 min read

How to Record Fixed Assets in QuickBooks Online

Check out this short guide to learn what is a fixed asset in QuickBooks Online, how it works, and how to record fixed assets in your QBO accounting system.

Lora Arbuzova
Lora Arbuzova
Integration Tips