Practical tips for procurement and finance
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
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 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
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
ProcureDesk Certified With 2 Procurement Software Distinctions By A Notable Platform For Saas Reviews We are pleased to announce that ProcureDesk has recently become a two-time winner, as we received the 2018 Rising Star and 2018 Great User Experience awards from FinancesOnline. Our purchasing automation software was built to simplify the processes of small and… Continue reading ProcureDesk Review by Financesonline.com
If you are in the market for a new purchase order system, you would easily realize that you have a plethora of choices. Don’t believe me, just do a quick google search on purchase order system and you can see what I am talking about. Having multiple available options is both good and bad news.… Continue reading How to select a purchase order system – Infographic
Why Talk About Travel And Expense Policy Best Practices? I think that you would agree with me that although Travel and expense (T&E) spend is not a major contributor to the total spend, it still needs a lot of attention and resources to process the expense reports for employees. This includes defining a Travel & Expense (T&E)… Continue reading Corporate Travel and Expense (T&E) Policy Best Practices [Complete Guide]
Cash flow represents the amount of money coming into your company and the amount of money going out. It’s extremely important for small businesses. Cash inflow is the core of your company and comes from different sources – payments from customers, interest on savings or investments, receipt of a loan, monetary infusion from an investor,… Continue reading 5 Tips For Cutting Cost and Improving Profitability
For businesses for all sizes, employee benefits is one of the top spend category. Large companies can somewhat control and reduce employee benefits cost by leveraging the volume discounts but for small to medium business that is not an option. Also given the recent changes due to Affordable care Act(ACA), SMB’s benefits cost will further… Continue reading 10 Ways for SMB’s to reduce Employee benefits cost
There are many factors to consider if you want to calculate the true printing cost in your company’s office in order to know how to reduce it. The expense of using an office printer isn’t just the purchase price of the machine. Total Cost of Ownership depends on the price of an appropriate toner or… Continue reading 10 ways to Reduce Your Print Cost
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