Dumisani Hlatswayo, Author at Procurementexpress.com blog

Browse Author: Dumisani Hlatswayo

What’s The Difference Between a Purchase Order And a Sales Order?

purchase vs sales order

Some people still confuse purchase orders with sales orders. I am not certain if what confuses them are the words “purchase and sales” or the “order” at the end. While there is an overlap between purchase and sales orders, they differ greatly.

Misunderstanding these financial terms is not an option. So, I think drawing some parallels between the two would help.
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Do You Make These Common Mistakes When Approving POs?

 

1Do-you-make-these-common-mistakes-when-approving-POs

Procurement mistakes are part and parcel of growing a successful business. They serve as valuable lessons but they shouldn’t happen all the time. Failure to curb procurement mistakes early on can deplete your budget. Before you know it, you may find yourself out of business, and looking for a job.

Procurement mistakes are often hard to detect. Particularly when your company uses Excel spreadsheets and email to process purchase orders. You can simply avoid this drawback by using an efficient purchase order software.
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Two Approaches to Preparing Your Budget Efficiently

 

1-Two-Approaches-to-Preparing-Your-Budget-EfficientlyFailure to budget efficiently does not mean your business idea is not working. It could just be a sign that you need to equip yourself with the right budgeting tools.

Please keep reading only if:

  1. You had a great sales month but, to your dismay, have no money in the bank.
  2. Your business is growing fast but there is never enough left over to give yourself that raise you so richly deserve.

Or my favorite:

  1. Opening your management accounts feels like scratching off a scratch card – you never know what you are going to get.

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All You Should Know About Dynamic Approval Routing

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team
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design
designers
diet
drinks
entrepreneur
food
hackers
journey
limit
markets
menu
occupation
profits
publishers
restaurant
resume
retailers
sexy
shoot
sports
style
team
work
activity
banks
business
earnings
economy
enterprise
Interest rate
investment
Make a profit
markets
Motor car
oil
plan
profits
shares
transact
valor
advertising
alliances
animation
art
band
foundation
fun
games
hero
hot
manufacturing
movies
music
Rock and roll
series
song
time
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arthritis
coitus
Diabetes mellitus
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estrogen
gender
girl
impotence
libido
menstrual cycle
prostitute
Reproductive
Sex party
underwear
anxiety
art
battle
beauty
calories
climbing
combustion
entertainment
exercise
food
future
gain
guide
life
locomotion
suggest
advertising
alliances
animation
art
band
foundation
games
hero
hot
manufacturing
movies
music
Rock and roll
series
song
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vocalist
appetite
apply
artifice
benefit
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business
city
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cosmetics
costume
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design
designers
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finery
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health
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locomotion
marketing
markets
method
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muscle
nutrition
perfume
profits
shoot
sleep
style
tourism
anxiety
art
battle
beauty
calories
climbing
combustion
entertainment
exercise
food
future
gain
guide
life
locomotion
suggest
anxiety
art
battle
beauty
calories
climbing
combustion
entertainment
exercise
food
future
gain
guide
life
suggest
appetite
apply
artifice
benefit
building
business
city
company
cosmetics
costume
data
design
designers
details
develop
Duties and responsibilities
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food
hackers
hairstyle
health
jewelry
life
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locomotion
marketing
markets
method
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nutrition
perfume
profits
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style
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activity
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enterprise
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investment
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benefit
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cosmetics
costume
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design
designers
details
develop
Duties and responsibilities
entrepreneur
family
fashion
finery
food
hackers
hairstyle
health
jewelry
life
limit
locomotion
marketing
markets
method
Microsoft
muscle
nutrition
perfume
profits
shoot
sleep
style
tourism
appetite
apply
artifice
benefit
building
business
city
company
cosmetics
costume
data
design
designers
details
develop
Duties and responsibilities
entrepreneur
family
fashion
finery
food
hackers
hairstyle
health
jewelry
life
limit
locomotion
marketing
markets
method
Microsoft
muscle
nutrition
perfume
profits
shoot
sleep
style
tourism
anxiety
art
battle
beauty
calories
climbing
combustion
entertainment
exercise
food
future
gain
guide
life
suggest
activity
banks
business
earnings
economy
enterprise
Interest rate
investment
Make a profit
markets
Motor car
oil
plan
profits
shares
transact
valor
activity
banks
business
earnings
economy
enterprise
Interest rate
investment
Make a profit
markets
Motor car
oil
plan
profits
shares
transact
valor
administer
arthritis
company
design
designers
diet
drinks
entrepreneur
food
hackers
journey
limit
markets
menu
occupation
profits
publishers
restaurant
resume
retailers
sexy
shoot
sports
style
team
work
administer
arthritis
company
design
designers
diet
drinks
entrepreneur
food
hackers
journey
limit
markets
menu
occupation
profits
publishers
restaurant
resume
retailers
sexy
shoot
sports
style
team
work
anxiety
art
battle
beauty
calories
climbing
combustion
cosmetics
designers
entertainment
exercise
fashion
finery
food
future
gain
guide
life
locomotion
music
nutrition
photography
sleep
style
suggest
tourism
Anewcar
audi
champion
driver
Electricmachine
Electricpower
Mercede

2-All-you-should-know-about-dynamic-approval-routings-01Having no approval routing in your company increases opportunities for overspending. For instance, when your company uses only Excel spreadsheets, it’s hard to set up approval routing, which means you can’t spend within budget.

This is what may happen when your company doesn’t have any approval routing in place:
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