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 Many finance teams struggle with Point Purchasing’s limited mobile access, outdated interface, limited punchouts, and lack of comprehensive accounts payable automation.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)
If you’re a QuickBooks user (Desktop or Online version) inside or outside the United States struggling to scale your current procurement process- you’re not alone. Before using ProcureDesk, many of our customers had a common problem – they were all struggling with scaling a manual purchasing process and were looking for ways to make the procurement/purchasing… Continue reading 5 Steps to Purchasing Automation for QuickBooks
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
© Copyright 2025, All Rights Reserved by PROCUREDESK