Actionable Tips for Elevating Procurement Role

Practical tips for procurement and finance

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3 Ways to Track Purchase Orders (Automatic & Manual Methods)

We review three methods to track purchase orders — with purchase order software, spreadsheets, or accounting systems. Compare to find what’s right for you.

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3 Ways to Track Purchase Orders (Automatic & Manual Methods)

We review three methods to track purchase orders — with purchase order software, spreadsheets, or accounting systems. Compare to find what’s right for you.

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10 Best Purchasing Software in 2024 (Options for All Biz Sizes)

Our post reviews 10 of the most popular purchasing software in 2024. We categorize recommendations by business size so you can easily compare options.

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7 Best Purchase Order Software: 2024 Reviews

Our guide reviews seven popular purchase order software in 2024. We cover our solution, ProcureDesk, and brands like Order, Tradogram, Precoro & more.

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Mastering Accounts Payable KPIs: A Complete Guide

Managing your accounts payable KPIs is the only thing keeping you from successfully managing your accounts payable (AP) department vs drowning in numbers and spreadsheets. The financial health of your organization is critical. From handling vendor invoices to managing invoice approval workflows to ensuring timely payments, your AP department plays a crucial role in maintaining… Continue reading Mastering Accounts Payable KPIs: A Complete Guide

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Invoice Matching Process – A Complete Guide To Optimization

Do you know that inefficient invoice matching is the only thing keeping you away from closing your books on time? If you could automate this process, you would get to close your books on time, allow your team to focus on other important tasks, and even save your weekends from work! No doubt, invoice matching… Continue reading Invoice Matching Process – A Complete Guide To Optimization

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Improving The Life Science Procurement Process

A life science or Biotech company deals with many struggles, including long drug development life cycles. An inefficient Procurement process shouldn’t be one of them. Whether you are a lab manager frustrated with tracking purchase orders in Spreadsheets or a financial controller struggling with poor cash flow visibility, the answer to these problems is a… Continue reading Improving The Life Science Procurement Process

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Purchase Requisition Form

Introduction Effective procurement management plays a very crucial role in maintaining your operational efficiency and maximizing your cost savings. To secure a smooth and transparent purchasing process, your organization must rely on various tools and documents, including purchase requisition forms and purchase orders. These essential components are the backbone of your procurement workflows, facilitating seamless… Continue reading Purchase Requisition Form

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Direct Vs. Indirect Procurement

Introduction Are you confused about the difference between indirect and direct purchasing? If so, you’re not alone. A lot of businesses find it tricky too. But we’re here to help you out! In this blog post, we will explain the differences between direct and indirect purchasing in the simplest way. Aside from that, we’ll give… Continue reading Direct Vs. Indirect Procurement

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How To Use Purchase Approvals For Budget Management

Are the departments staying within the allocated budgets? Do you always know whether any department will go over budget before purchasing? Or you might be a not-for-profit and worried if you have sufficient grant funding to do what you do. Do you have to wait for the month-end to see if you are over or… Continue reading How To Use Purchase Approvals For Budget Management