When it comes to spend management practices at mature, growth-minded organizations, the state of the economy should have little bearing on the strategic decisions … Spend Management for Better Procurement Practices
How often do you observe and measure your firms supporting activities. Supporting activities mean everything on the side, that helps run your business but … Supporting activities and Procurement: How to improve profit margins
Purchase Orders… No one likes them, they are annoying and can be a nuisance. (Actually that’s not true). Why? As your organization continues to grow … Why Your Accounting Systems Suck at Purchase Orders
Sometimes the system just gets in the way. Here are 6 scenarios you will only understand if you have one of those infuriating purchasing … Six Ways Your Purchasing Process Drives You Crazy
Albert Bandura is probably the most influential psychologist you haven’t heard of and yet he is actually the 4th most cited psychologist of all … The Value of Change Management
You might never have heard of Procurify. We’re just a procurement software company, another business, another voice. I don’t blame you. Before I started … Procurify – We’re Just a Procurement Software Company
Boost your internal procurement efficiency with these steps: standardize processes, set approval thresholds, reduce approval chains, and adopt cloud-based systems. Also, consider sourcing locally to expedite logistics and support the local economy.
Procurement is often a misunderstood and disregarded (unfortunately!) function of an organization. However, procurement optimization can produce a host of benefits and add tremendous value … How Procurement Optimization Adds Value to Organizations
Major shifts in the supply chain are impacting the future of procurement globally. Companies all around the world are struggling to respond to emerging … What is Procurement Intelligence and How Can It Benefit Your Business?
Within the realm of business negotiations there are two forms of negotiations you can make, depending on time and circumstance. Especially when it comes … E-Procurement and Supply Chain Management: Negotiating 101
Better Visibility into Company Spending Businesses spend billions of dollars to figure out where they can save time or money. Companies will change store … Spend Analysis – Visibility into Company Spending
Explore the distinctions between direct and indirect procurement. Dive into their roles, strategies, and impact on spend management. Discover how they influence a company’s operations, profitability, and supplier relationships.