Author: Procurify

The global procurement software market is expected to rake in revenue of about $5.14 billion in 2017. So, should you opt to use a … What Are The Pros and Cons of E-Procurement?

2 May 2017 was CEO Chad Dickerson’s last day at Etsy. The multi-billion dollar internet marketplace is often referred to as the Amazon of … Spend Visibility: What Is It and Why It Matters

If you are curious to find out what a non-PO or Non Purchase Order is, you are probably already familiar with its opposite — … What is a Non-PO (Non Purchase Order)?

“How long would it take me to become the CFO?” is a question that many analysts, controllers and accountants are bound to ask. There’s … The Guide to Becoming a CFO Before Turning 30 — from the Three Guys who did

“We spent $200M in the past 2 years. $200M!…We spent 2/3 of the cash… Holy shit this is a big deal.” — Jason Goldberg, … Every Third Startup Fails Because of This Problem

This is a detailed look at the intricacies of procurement payment terms.

Consider the three-way match; it’s an accounting term, and, as is the case with most every word in the glossary of Finance and Accounting terms, … How Fake Invoices Cost Citi $400 Million

Quite a few things can go wrong. However, if you and your supplier agree on what action should be taken in such situations, the … Purchase Order: How To Not Get Sued & All Other Legal Concerns

Why does Procurement Fraud Occur? Procurement fraud can cost your organization huge amounts of money, time, and other important resources. Fraud occurs for a … What is Procurement Fraud?

First, let’s dare to ask: Is the purchasing manager really a “manager”—or is she just a clerk? Twenty-plus years ago, the answer to that question … Clerks to Smooth Operators: How Purchasing Managers Are Redefining Their Roles

Dear Mr. Purchasing Manager, You’ve spent three whole quarters qualifying dozens of cloud-based procurement softwares and you’ve finally found The One. Congratulations! Well, now … Change Management – How to Successfully Implement a Cloud System

It sounds made up, doesn’t it? Profitability and growth in the same sentence. While companies achieving the “profitable growth paradox” are considered outliers, they … Procurement: Blue Ocean Strategy