Actionable Tips for Elevating Procurement Role

Practical tips for procurement and finance

search icon

Most Popular

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

Recently Added

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

What is Procurement

What is Procurement Learn more icon

Procurement is the art of acquiring things you didn’t even know you needed until someone convinced you that you couldn’t live without them. What Is The Definition Of Procurement? What is the main role of procurement? What is an example of procurement? What is the role of the procurement team? Procurement vs. Purchasing Who is… Continue reading What is Procurement

What is purchase order

What is purchase order Learn more icon

A purchase order, or PO, is like a love letter to your supplier saying, “I want you and all the goods and services you offer for an agreed-upon price.” What is a purchase order? Are there different types of purchase orders? What is the goal of a purchase order? What is a purchase order process?… Continue reading What is purchase order

How to implement an Electronic Purchase Order System (in 7.5 days)

How to implement an Electronic Purchase Order System (in 7.5 days) Learn more icon

By implementing an Electronic purchase order, you can cut the time spent on processing purchase orders by up to 50%. Here are the typical results of our clients who have moved from a paper-based purchase order process to an Electronic purchase order system: Reduced cycle time by up to 30%. Reduced cost per PO by… Continue reading How to implement an Electronic Purchase Order System (in 7.5 days)

Three Things to Consider When Comparing ProcureDesk and Precoro.com

Three Things to Consider When Comparing ProcureDesk and Precoro.com Learn more icon

Choosing an all-in-one platform that encompasses procurement, accounting, and purchasing processes can take time and effort. This article compares two innovative procurement software options, ProcureDesk and Precoro.com, to help you choose the best software for your business. What should I look for when choosing procurement software? When choosing software for all your procurement, purchasing, and… Continue reading Three Things to Consider When Comparing ProcureDesk and Precoro.com

Four Reasons to Consider ProcureDesk over Spendwise.com

Four Reasons to Consider ProcureDesk over Spendwise.com Learn more icon

Google “business spend management tools,” and you’ll find a vast list of options. Organizations that use business spend management tools can track spending and costs, streamline requests and approvals, and save time by automating the procurement process. With so many options for spend management tools, how can businesses be sure they’re getting the best bang… Continue reading Four Reasons to Consider ProcureDesk over Spendwise.com

ProcureDesk vs. Planergy: How Do They Compare?

ProcureDesk vs. Planergy: How Do They Compare? Learn more icon

Procurement software that automates purchasing processes and spending management makes the purchasing process easier for organizations. Choosing the right one for your company depends on what features you are looking for. This article will introduce the main features of both Planergy.com and ProcureDesk to help you understand why ProcureDesk is the better choice to better… Continue reading ProcureDesk vs. Planergy: How Do They Compare?