Purchasing & Accounts Payable Glossary

Purchasing & Accounts Payable Glossary

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There are currently 4 Glossaries in this directory beginning with the letter I.

Indirect Procurement

Companies that manage Indirect procurement well save anywhere between 5-8% of their manual Spend. Read More

Indirect Spend

Indirect Spend refers to the purchasing of goods and services that are not directly incorporated into a product being manufactured. Read More

Inventory Management

Inventory management is the process of ordering, tracking, and managing disbursements of the items for which a company manages stock. Read More

Invoice Processing

While managing invoices can quickly become overwhelming for your business due to numerous daily transactions, using the right tools and strategies can help your business streamline its invoice processing operation. Thus, helping you reduce the risk of errors and delays. Read More