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 Many finance teams struggle with Point Purchasing’s limited mobile access, outdated interface, limited punchouts, and lack of comprehensive accounts payable automation.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)
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 For many school business managers, outdated purchasing systems consume valuable time and resources better spent on educational outcomes.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
Many finance teams at charter schools struggle with manual invoice approvals, wasting hours that could be better spent on strategic planning and student-focused initiatives. With limited administrative staff and tighter budgets than traditional public schools, the burden of paper-based accounts payable processes is particularly heavy for charter schools. In this guide, you’ll learn a step-by-step… Continue reading Streamline Finances, Empower Education: The Essential Benefits of AP Automation for Charter Schools
Charter school finance leaders face a unique set of challenges. With approximately 70% of a charter school’s budget allocated to personnel, the remaining 30% must be carefully managed to cover everything from school supplies to building maintenance. Yet according to a recent survey by the National Charter School Resource Center, finance directors spend an average… Continue reading The Complete Guide to Procurement Software for Charter Schools: Solving Unique Financial Challenges
It’s day three of month-end close when it happens – a six-figure milestone invoice from your primary CRO(Contract Research Organization) lands unexpectedly in the AP inbox. Your carefully calculated cash-burn forecast just changed—again. For biotech finance leaders, this scenario is all too familiar, turning what should be a routine close into a scramble for documentation… Continue reading CRO Invoice Management: A Biotech Finance Playbook
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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