Actionable Tips for Elevating Procurement Role

Practical tips for procurement and finance

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Biotech Procurement Automation: 7 Ways to Streamline Lab Supply Management

Biotech Procurement Automation: 7 Ways to Streamline Lab Supply Management Learn more arrow icon

Are your lab managers constantly complaining about critical research delays because supplies didn’t arrive on time? As a biotech CFO or controller, you’ve likely witnessed how a single missing reagent can derail weeks of research, costing thousands in lost productivity and pushing back critical milestones. For growing biotech companies scaling from 50 to 250 employees,… Continue reading Biotech Procurement Automation: 7 Ways to Streamline Lab Supply Management

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Biotech Procurement Automation: 7 Ways to Streamline Lab Supply Management

Biotech Procurement Automation: 7 Ways to Streamline Lab Supply ManagementLearn more arrow icon

Are your lab managers constantly complaining about critical research delays because supplies didn’t arrive on time? As a biotech CFO or controller, you’ve likely witnessed how a single missing reagent can derail weeks of research, costing thousands in lost productivity and pushing back critical milestones. For growing biotech companies scaling from 50 to 250 employees,… Continue reading Biotech Procurement Automation: 7 Ways to Streamline Lab Supply Management

Biotech Procurement Compliance: How to Build Audit-Ready Processes Without Slowing Down Research

Biotech Procurement Compliance: How to Build Audit-Ready Processes Without Slowing Down ResearchLearn more arrow icon

Biotech CFOs and procurement managers are losing sleep over the same nightmare: a compliance audit that uncovers serious procurement violations leading to costly penalties, compromised research integrity, or worse, patient safety issues. While your scientists focus on groundbreaking breakthroughs, your procurement team or lab managers are quietly battling a complex web of regulatory requirements that… Continue reading Biotech Procurement Compliance: How to Build Audit-Ready Processes Without Slowing Down Research

Lab Supply Procurement Software: A Lab Manager’s Guide to Ditching Spreadsheets

Lab Supply Procurement Software: A Lab Manager’s Guide to Ditching SpreadsheetsLearn more arrow icon

As a lab manager, you’re likely all too familiar with the frustration of tracking down missing reagents, discovering duplicate orders, or dealing with unexpected stockouts that delay critical research. If your lab is still relying on spreadsheets to manage supplies, you’re not alone, but your lab operations are also not operating at peak efficiency. Why… Continue reading Lab Supply Procurement Software: A Lab Manager’s Guide to Ditching Spreadsheets

A Complete Guide To Purchasing Cards

A Complete Guide To Purchasing Cards Learn more icon

Do you find your business stuck in the age-old struggle of using personal credit cards for business expenses? If you feel this way, it might be the perfect time to finally consider a transformative solution for your organization through purchasing cards. Purchasing cards are financial instruments that have been a tremendous help for the business… Continue reading A Complete Guide To Purchasing Cards

Digital Procurement Platform 101: Everything You Need To Know

Digital Procurement Platform 101: Everything You Need To Know Learn more icon

Do you and your team still struggle with manual processes? Well, you’re not alone. Many procurement professionals feel the same way. However, in modern technology, this pain point can easily be fixed by simply integrating digital procurement strategies into your business. We’ll dive into this concept further in this blog. We’ll start by addressing a… Continue reading Digital Procurement Platform 101: Everything You Need To Know

Purchase Order Automation: 3 Mistakes To Avoid

Purchase Order Automation: 3 Mistakes To Avoid Learn more icon

If done right, purchase order automation can help reduce the time spent on issuing and matching purchase orders. Yet, many companies struggle with automation because they either pick up the wrong tool or process or can’t have their employees adopt the new process. That leads to failed implementation, mistakes during manual purchases, and bad outcomes… Continue reading Purchase Order Automation: 3 Mistakes To Avoid

Everything You Need To Know About Strategic Procurement

Everything You Need To Know About Strategic Procurement Learn more icon

Are you new in the procurement role and wondering what strategic procurement might do for you? If you are, you might be struggling to understand the following: Reasons behind your company’s high spending Effective ways to work well with your suppliers If this is the case, then you may need to learn that the secret… Continue reading Everything You Need To Know About Strategic Procurement

Best 8 Purchasing Software For  Biotech Companies

Best 8 Purchasing Software For Biotech Companies Learn more icon

Purchasing software for Biotech is a crowded market. Search for “Purchasing Software” on the G2 marketplace and find 185 listings. So, rather than spending endless hours searching the internet for the top purchasing software for biotech, we compiled a list of vendors to consider. We also provide a quick checklist you can use to compare… Continue reading Best 8 Purchasing Software For Biotech Companies

Mastering Business  Spend Management: Strategies For CFOs To Save Big

Mastering Business Spend Management: Strategies For CFOs To Save Big Learn more icon

Effective Business Spend management and strategic sourcing can save you up to 10% on your annual Spend. Please don’t take my word for it; this results from The Hackett Group study. If you are a CFO of a growing company and worried about business spend management, we’ve got you covered. This article will tell you… Continue reading Mastering Business Spend Management: Strategies For CFOs To Save Big