Practical tips for procurement and finance
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
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 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
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
The cost of uninformed business decisions can be harmful to your procurement process. Imagine blindly navigating daily operational tasks for your suppliers, purchases, and contracts without data support. The consequences – overspending, missed opportunities, and inefficiencies that affect your bottom line. Thus, your business needs procurement spend analytics. This blog will dive into why procurement… Continue reading Procurement Spend Analytics: The Path To Smarter Savings
Is your company losing money because of inefficient procurement processes? Manual procurement processes have always been a big pain for procurement professionals and business owners like you. That is why, in this blog, we aim to cover procurement automation to help you understand how it can help build more efficient processes for your business. Aside… Continue reading Procurement Automation For Your Business Success
Is your team wasting too much time manually picking out the product information of items you want to procure? Chances, are, that’s because you don’t have punchout catalogs to help you with your systems. As a procurement professional, you would know exactly the simplicity that punchout catalogs experience can bring your business. With a labyrinth… Continue reading The Power of Punchout Catalogs: Revolutionizing Procurement
Are you a decision-maker in your company’s procurement process? If so, you’ll understand the importance of understanding the language of your procurement metrics for better strategic advantage. Apart from simply achieving cost savings for your company, you must learn how to maximize the value of the procurement process. To navigate this path better, being critical… Continue reading Procurement KPIs: Metrics That Drive Success
Is your accounts payable process efficient? Do you know how efficient your process can be and what you can do with those saved hours? In this blog, we’ll teach you exactly just that. Today, we will discuss the top 18 best practices to help you improve your accounts payable process. We want to help you… Continue reading Revolutionize Your Business With Accounts Payable Best Practices
Using Sage Intacct and struggling with accounts payable processes and automation? Many companies and business users that use Sage Intacct Accounts find it difficult to scale the AP operations without adding additional headcounts and figure out the best solution with capabilities. They are challenged with manual data entry and limited invoice-matching capabilities that hinder the… Continue reading Streamline Your Sage Intacct AP Automation with ProcureDesk: A Step-by-Step Guide
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