Spend Management

financial forecasting

17 min read

Financial Forecasting: What It Is, Why It Matters, and How to Get It Right

Learn how businesses use financial forecasting to create future-proof strategies and embrace upcoming challenges.

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
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
cost reduction in procurement

21 min read

Procurement Cost Reduction: How to Cut Costs Without Cutting Corners

Succeed in procurement cost reduction and don’t sacrifice the quality of your products or services. Discover strategies that actually work.

Marta Holyk
Marta Holyk
Procurement Basics
maverick spend

18 min read

Maverick Spend: Causes, Risks & Mitigation Strategies

Learn what maverick spend is, why it happens, and how to combat it with effective procurement strategies.

Svitlana Mysak
Svitlana Mysak
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
cost centers and how to optimize them

9 min read

Cost Centers: How to Understand and Optimize Them

Cost centers serve as critical components in any organization, offering a lens through which to analyze and manage expenses effectively. Read about the logic of cost centers and ways to manage them with maximum efficiency.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Liquidity Management: Importance, Risks, and Best Practices

15 min read

Liquidity Management: Importance, Risks, and Best Practices

Liquidity management is a must-have practice for a company to meet its financial obligations. Learn how to measure liquidity and tips for improving it.

Marta Holyk
Marta Holyk
Procurement Basics