Procurement and Purchasing

Procurement and Purchasing

Procurement and Purchasing

3 min read

Procure-to-Pay Solutions Reduce Risk and Drive Savings Amid Economic Uncertainty

Here’s a quick rundown of the Gartner recommendations for modernizing procurement and strategic sourcing applications.

Read more
Procure-to-Pay Solutions Reduce Risk and Drive Savings Amid Economic Uncertainty
Procurement and Purchasing

Procurement and Purchasing

4 min read

10 Game-Changing Procurement Trends for Finance Teams to Carry into 2023

2023 will be a time for organizations to prepare themselves for powerful economic headwinds

Read more
10 Game-Changing Procurement Trends for Finance Teams to Carry into 2023
Procurement and Purchasing

Procurement and Purchasing

3 min read

8 Steps to Grow Your Procurement Process and Improve Spend Efficiency

The days of driving growth at any cost are over. But when the dust settles, the question remains: how do you drive a new culture that still encourages growth with efficiency?

Read more
8 Steps to Grow Your Procurement Process and Improve Spend Efficiency
Procurement and Purchasing

Procurement and Purchasing

3 min read

Spend Visibility and International Markets – Have Finance Processes Kept up to International Requirements?

Find out how to optimize your procurement process, spend visibility, and procurement software to update your financial operations and compete in global markets.

Read more
Spend Visibility and International Markets – Have Finance Processes Kept up to International Requirements?
Accounts Payable Automation: 7 Transformational Benefits

Accounts Payable Automation: 7 Transformational Benefits

In this blog post, we will discuss how AP teams and their businesses benefit from using AP automation software and how implementing it as part of your intake-to-pay process can transform your business.

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Purchase Requisition vs Purchase Order: Understanding the Difference for a Streamlined Procurement Process

Purchase Requisition vs Purchase Order: Understanding the Difference for a Streamlined Procurement Process

We'll explain the difference between these two documents and how their adoption by stakeholders enables improved automation of purchasing workflows.

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Full Cycle of Accounts Payable: What It Is and Why It Matters

Full Cycle of Accounts Payable: What It Is and Why It Matters

The full cycle of accounts payable is a critical accounting process that encompasses the management and tracking of payments made to suppliers for goods and services, from the ordering process to the final payment.

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A Guide to Successful Procurement Change Management

A Guide to Successful Procurement Change Management

Procurement change management is a crucial component for organizations seeking to optimize their procurement processes and adapt to evolving market conditions.

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What is “Days Payable Outstanding” (DPO) and How to Measure It

What is “Days Payable Outstanding” (DPO) and How to Measure It

Days Payable Outstanding (DPO) is a crucial financial metric that measures the average number of days a company takes to pay its suppliers and vendors after receiving an invoice.

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A Guide to Spend Under Management

A Guide to Spend Under Management

Spend Under Management (SUM) is a crucial procurement metric that measures the percentage of an organization's total spend that is actively managed and optimized by procurement professionals.

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Spend Control: What It Is and How to Optimize It

Spend Control: What It Is and How to Optimize It

This article provides an in-depth exploration of the best and most effective spend control strategies available for today’s businesses.

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Procurement Metrics 101

Procurement Metrics 101

This article is an exploration into some of the most widely-used procurement metrics that businesses can deploy to gain visibility into their own operations.

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Procurement Orchestration 101: A Guide for Procurement Leaders

Procurement Orchestration 101: A Guide for Procurement Leaders

In this article, we’ll overview some key aspects of procurement orchestration.

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How To Modernize Procurement For Modern Business Challenges

How To Modernize Procurement For Modern Business Challenges

Start by evaluating current processes, identifying inefficiencies and potential blind spots, then implement the right procedures to achieve a modern, scalable procurement process.

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What is Coupa Used For?

What is Coupa Used For?

In this article, we’ll discuss the top capabilities of Coupa, use cases, why companies choose this platform, and the best solutions to optimize your procurement processes.

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What is SAP Ariba Used For?

What is SAP Ariba Used For?

In this article, we’ll discuss the top features of SAP Ariba, use cases, why companies choose this solution, and the best ways to optimize your procurement right now.

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What is Intake-to-Procure? Definition and Benefits

What is Intake-to-Procure? Definition and Benefits

Intake-to-procure solutions provide a centralized interface for all stakeholders to request, approve, and collaborate on procurement processes.

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Indirect Procurement vs Direct Procurement: What are the Key Differences?

Indirect Procurement vs Direct Procurement: What are the Key Differences?

In this article, we'll define procurement, compare direct vs. indirect processes, list key examples, answer your top questions, and talk about the industry's future.

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How Are Centralized & Decentralized Procurement Different?

How Are Centralized & Decentralized Procurement Different?

In this article, we’ll define each method, examine the pros and cons, explore critical considerations, and discuss automation as the future of procurement.

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5 Takeaways from the 2023 Trends in B2B Purchasing Research

5 Takeaways from the 2023 Trends in B2B Purchasing Research

Dive into five of the key findings from the study

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Procure-to-Pay Solutions Reduce Risk and Drive Savings Amid Economic Uncertainty

Procure-to-Pay Solutions Reduce Risk and Drive Savings Amid Economic Uncertainty

Here’s a quick rundown of the Gartner recommendations for modernizing procurement and strategic sourcing applications.

Read more
What is Document Approval Software and How Does it Work?

What is Document Approval Software and How Does it Work?

The definition of document approval software, how it works, key benefits of automation, and the best ways to improve your overall process.

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10 Game-Changing Procurement Trends for Finance Teams to Carry into 2023

10 Game-Changing Procurement Trends for Finance Teams to Carry into 2023

2023 will be a time for organizations to prepare themselves for powerful economic headwinds

Read more
8 Steps to Grow Your Procurement Process and Improve Spend Efficiency

8 Steps to Grow Your Procurement Process and Improve Spend Efficiency

The days of driving growth at any cost are over. But when the dust settles, the question remains: how do you drive a new culture that still encourages growth with efficiency?

Read more
Spend Visibility and International Markets – Have Finance Processes Kept up to International Requirements?

Spend Visibility and International Markets – Have Finance Processes Kept up to International Requirements?

Find out how to optimize your procurement process, spend visibility, and procurement software to update your financial operations and compete in global markets.

Read more
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