Practical tips for procurement and finance
School finance teams waste 15-20 hours weekly on manual invoice processing—time that should be spent supporting students. Every late payment, misplaced approval, and budget tracking error costs your district money it can’t afford to lose. When district budgets are stretched, paper-based accounts payable isn’t just inefficient—it’s financially irresponsible. The typical K-12 district processes over 5,000… Continue reading 7 Best Accounts Payable Automation Solutions for K-12 Schools (2025 Comparison)
School finance teams waste 15-20 hours weekly on manual invoice processing—time that should be spent supporting students. Every late payment, misplaced approval, and budget tracking error costs your district money it can’t afford to lose. When district budgets are stretched, paper-based accounts payable isn’t just inefficient—it’s financially irresponsible. The typical K-12 district processes over 5,000… Continue reading 7 Best Accounts Payable Automation Solutions for K-12 Schools (2025 Comparison)
Managing procurement in educational institutions, especially charter schools and school districts, brings specific operational demands: budget accountability for taxpayer funds, strict compliance requirements, and the need to serve educational goals efficiently. For many school business managers, outdated purchasing systems consume valuable time and resources better spent on educational outcomes. The data speaks for itself: School… Continue reading How to Streamline School Procurement Process: A Comprehensive Guide for Education Leaders
ESSER funding expires in September 2024, leaving charter schools with critical budget shortfalls. As student enrollment fluctuates and operational costs rise, your ability to track and control spending has never been more crucial. Charter schools face a unique challenge: balancing purchasing autonomy with strict financial accountability while managing diverse funding streams that each come with… Continue reading The Complete Guide to Charter School Procurement Software: Solving Budget Management Challenges in 2025
Is your team still using Spreadsheets for creating and tracking purchasing orders? Most Biotech or Pharma companies start their purchasing process with emails and spreadsheets. In the beginning, there are only a few scientists, and then the lab grows, and you need to purchase more lab supplies and capital equipment to run the experiments. At… Continue reading How To Order Lab Supplies: Without Spreadsheets And Emails
CFOs of growing companies often worry about compliance and preventing fraud. Preventing procurement fraud might not be the top priority for many growing companies, but it should be top of mind. Procurement controls are a must to prevent fraud. If you think Company is immune to these problems, think again. If you don’t have strong… Continue reading Procurement Fraud Understanding its Impact on Company Evolution, Prevention, and Real-life Examples
Do you wonder how Procure to Pay (P2P) process optimization can help reduce cost and increase cash flow visibility? Procure to pay process could be complex, but a well-optimized P2P process could also be a source of cost savings. After working with 100’s clients, here is what we found: Procure to Pay process optimization… Continue reading Procure to Pay Process Optimization- Finding the Hidden Cash [The Complete Guide]
A good purchasing process allows your company to run your operations and inventory management smoothly. You get to purchase products and services from your preferred vendors effectively without having to skip important steps like identifying your company’s needs, negotiating contract terms with your suppliers, or even monitoring your supplier performance. Hackett’s research shows that an… Continue reading 6 Ideas To Supercharge Your Purchasing Process
In this purchase requisition vs. purchase order face-off, we compare the key differences between these documents. We will start with the purpose of these documents and then compare the scope, who creates these documents, and who approves the requisition vs. purchase orders. In the end, we will cover some best practices for implementing a purchase… Continue reading purchase requisition vs purchase order
Need to generate a digital purchase order without spending endless hours converting a spreadsheet into a purchase order? This article will cover how to use purchasing automation technology and purchase order software to automate creating a digital purchase order. We will also show you how hundreds of companies use a digital purchase order process to… Continue reading How To Create A Digital Purchase Order
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