Practical tips for procurement and finance
74% of CPOs have made savings a top priority in 2025, yet 65% of organizations still lack visibility into indirect spend. If you’re a controller or finance leader managing procurement responsibilities alongside your core duties, you’re facing what we call the “procurement gap” – your company has outgrown manual processes but lacks the dedicated team… Continue reading The Complete Spend Control Playbook for Finance Teams (2025 Guide)
74% of CPOs have made savings a top priority in 2025, yet 65% of organizations still lack visibility into indirect spend. If you’re a controller or finance leader managing procurement responsibilities alongside your core duties, you’re facing what we call the “procurement gap” – your company has outgrown manual processes but lacks the dedicated team… Continue reading The Complete Spend Control Playbook for Finance Teams (2025 Guide)
Point Purchasing’s web-based system handles basic requisitions and authorization routing, but growing companies need more robust procurement automation. Many finance teams struggle with Point Purchasing’s limited mobile access, outdated interface, limited punchouts, and lack of comprehensive accounts payable automation. We compiled this guide to review ProcureDesk and other procurement solutions that offer modern features Point… Continue reading 7 Best Point Purchasing Alternatives: 2025 Reviews
You’re reviewing last month’s expenses when you spot it again – a $500 Amazon purchase on someone’s personal credit card, submitted for reimbursement without any approval. Sound familiar? If you’re a controller at a growing company, you’ve likely seen this scenario play out dozens of times. Employees need supplies to do their jobs, but the… Continue reading 5 Ways to Eliminate Rogue Spending (Without Saying ‘No’ to Everything)
Are manual procurement processes causing your organization unwanted headaches? True enough, it’s tiring to sift through paperwork and even handle costly errors because of manual processes. Although the solution to this problem is simple, all your business needs to do is implement a procurement system. In this blog, we will cover the game-changing solution of… Continue reading Everything You Need To Know About Procurement Systems
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
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
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
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
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
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