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 Many finance teams struggle with Point Purchasing’s limited mobile access, outdated interface, limited punchouts, and lack of comprehensive accounts payable automation.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 invoices can be a complex and time-consuming task. That’s more true when dealing with high volumes of paperwork. Are you facing these issues in invoice management? If you can relate to these challenges, then you must consider investing in the best invoice processing software. It can automate key tasks. The result: better accuracy and… Continue reading Best Invoice Processing Software for Smooth Financial Management
“I Need This Reagent Yesterday” – The Real Cost of Manual Procurement in Biotech For scientists and lab managers, the wait for critical reagents isn’t just frustrating—it directly impacts research timelines and burn rate management. Yet many biotech companies still navigate procurement with spreadsheets and emails, creating daily headaches: The reality? Your scientists are doing… Continue reading 7 Ways eProcurement Software for Biotech Transforms Your Lab Operations in 2025
Biotech companies waste up to 15 hours per week on manual invoice processing. For growing life sciences organizations, this inefficiency isn’t just frustrating—it’s draining valuable resources that could be directed toward research advancement and extending cash runway. The problem? Standard AP automation solutions weren’t built with biotech’s unique challenges in mind. Lab supply invoices have… Continue reading Biotech AP Automation: Streamline Invoice Processing without adding headcount
For businesses aiming to control costs and improve cash flow visibility, implementing a structured purchase order (PO) process is essential. Without a structured PO process, companies risk overspending, approval delays, and cash flow issues. Many small business owners overlook purchase orders, relying on credit cards for convenience. But a PO system isn’t just about paperwork—it’s… Continue reading How to Create a Purchase Order: Step-by-Step Guide
A messy, inefficient, and error-prone purchase order management process slows your business down. Without a structured purchase order management system, you risk wasted time, rising costs, and limited visibility into spending. Poor PO management can also strain supplier relationships, leading to delays and missed opportunities. The solution is a streamlined purchase order management strategy backed… Continue reading Purchase Order Management Software: A Complete Guide to PO Systems & Best Practices
Is your company spending too much time on manual invoice processing? Invoice automation can help you! Manual data entry and invoicing can cause your company’s finance system to experience endless frustration and inefficiency. Data entry tasks and lost documents take up valuable hours and create headaches for finance departments. This is one of the biggest… Continue reading 8 Best Invoice Automation Software for 2025 | Automated Invoicing Guide
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