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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
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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 Procurement Compliance: How to Build Audit-Ready Processes Without Slowing Down Research
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
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
Procurement vs. Purchasing Explained
From Batman and Robin to Luke and Leia– everyone knows dynamic duos can accomplish more together than apart. Even though the procurement world isn’t a fairytale, businesses still have a need for a powerful force that will help guarantee success. ProcureDesk is a proactive, reliable sidekick that will stick by your side no matter where… Continue reading Procurement vs. Purchasing Explained
3 ways to use Purchase orders in Bill.com
Are you using Bill.com for supplier invoice payments and wondering how to match the invoices with purchase orders in Bill.com? Bill.com offers a billing platform allowing AP (Accounts payable) to create and pay vendor invoices easily. The main challenge with Bill.com is that there is no way to automatically match the invoice with the purchase… Continue reading 3 ways to use Purchase orders in Bill.com
Cloud purchase order system
Best-run companies use a cloud purchase order system to improve productivity by automating the purchasing and controlling costs through a tighter Spend management process. If you have a manual procurement process, you are losing 10-15 hours a week on just creating and approving purchase orders. Moreover, you have surprise invoices showing up and impacting your… Continue reading Cloud purchase order system
Procurement Cost Control
Procurement cost control is a key part of the CFO’s responsibilities, especially in economic cycles like a recession. Growth is all that matters in good times, so who cares about the cost control! But if you are looking to control procurement costs, this article would cover the framework for controlling spend and immediately reducing the… Continue reading Procurement Cost Control
Purchase order management guide for CFOs
Bonus: Purchase order system checklist CFOs and controllers of growing companies always struggle with the purchase order management process. If you struggle with cost control and the purchase order process, this article is for you. This strategy is for the CFO or controller of growing companies who want to implement a tighter Spend control process.… Continue reading Purchase order management guide for CFOs
Purchase order policy for nonprofit
Bonus:Purchase order policy template If you are a Finance Director for a non-profit and looking to set up a purchase order policy, this is the strategy for you. This article will cover the key elements you need in a purchasing policy. But before we get started, click on the link below to download the purchase… Continue reading Purchase order policy for nonprofit
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