Practical tips for procurement and finance
Your electrical project shows an 18% profit margin in QuickBooks, so you can bid on the next similar job with confidence. Three months later, you’re staring at a 3% actual margin and wondering what went wrong. The culprit? Inaccurate job costing data that made your profitable project look more successful than it actually was. This… Continue reading Why Your Construction Job Costing Reports Are Inaccurate in QuickBooks (And How to Fix Them)
Your electrical project shows an 18% profit margin in QuickBooks, so you can bid on the next similar job with confidence. Three months later, you’re staring at a 3% actual margin and wondering what went wrong. The culprit? Inaccurate job costing data that made your profitable project look more successful than it actually was. This… Continue reading Why Your Construction Job Costing Reports Are Inaccurate in QuickBooks (And How to Fix Them)
Growing companies face a common challenge: approval workflows that worked well at 50 employees become bottlenecks at 150 employees. The traditional approach—purchase request goes to manager, then department head, then finance—seems logical but often creates delays that frustrate teams and slow operations. Requisition-to-PO cycle times range from under an hour in fast-moving companies to over… Continue reading How to Design Procurement Approval Workflows for Speed: From Days to Hours in 4 Steps
Most procurement system implementations fail or face significant delays—but it doesn’t have to be that way for your growing business. While 73% of SMB procurement implementations struggle with extended timelines, resource constraints, and user adoption challenges, the companies that succeed follow a fundamentally different approach. They choose solutions designed specifically for small and medium businesses… Continue reading Procurement System Onboarding: A Realistic Implementation Guide for SMBs
Your electrical project shows an 18% profit margin in QuickBooks, so you can bid on the next similar job with confidence. Three months later, you’re staring at a 3% actual margin and wondering what went wrong. The culprit? Inaccurate job costing data that made your profitable project look more successful than it actually was. This… Continue reading Why Your Construction Job Costing Reports Are Inaccurate in QuickBooks (And How to Fix Them)
Growing companies face a common challenge: approval workflows that worked well at 50 employees become bottlenecks at 150 employees. The traditional approach—purchase request goes to manager, then department head, then finance—seems logical but often creates delays that frustrate teams and slow operations. Requisition-to-PO cycle times range from under an hour in fast-moving companies to over… Continue reading How to Design Procurement Approval Workflows for Speed: From Days to Hours in 4 Steps
Most procurement system implementations fail or face significant delays—but it doesn’t have to be that way for your growing business. While 73% of SMB procurement implementations struggle with extended timelines, resource constraints, and user adoption challenges, the companies that succeed follow a fundamentally different approach. They choose solutions designed specifically for small and medium businesses… Continue reading Procurement System Onboarding: A Realistic Implementation Guide for SMBs
Growing companies face a harsh reality: 70% experience budget overruns that directly impact cash flow and operational efficiency. While most finance teams scramble to understand where money went after it’s already spent, smart organizations are implementing budget control procurement software that stops overspending before it happens. The difference between reactive budget tracking and proactive budget… Continue reading Budget Control Procurement Software: How to Prevent Overspending Before It Happens
If you’re managing over 100 invoices per month without a centralized system, you’re likely to face budget overruns, approval delays, mismatched vendor invoices, and late payments. A procure-to-pay (P2P) suite allows you to track, manage, and control your purchasing, accounts payable, and payment workflows with automated solutions. In this article, we’ll review the 7 best… Continue reading Top 7 Procure to Pay Suite Solutions in 2025
Procurify and Ramp are procurement tools for spend control and visibility, but choosing between the two depends on your team’s needs. We reviewed both tools and found distinct benefits. Procurify excels in purchase order (PO) workflows, budget enforcement, and vendor management for structured procurement. Ramp delivers corporate card programs, automated expense tracking, and real-time spend… Continue reading Procurify vs. Ramp: Which Software to Choose in 2025?
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