The Covid-19 pandemic is affecting businesses in a variety of ways. From loss of business to remote working, businesses are being forced to adapt.Continue Reading
We want to acknowledge the feelings swirling around the global pandemic, COVID-19.
It’s a stressful time for sure. There’s uncertainty. There’s loss. And for many public schools there’s a genuine fear about the future and what’s to come.Continue Reading
In a retail setting, rebates serve as a way to get consumers to buy a product on the spot, knowing they’ll get their discount sometime down the line. In procurement, they’re a little different. Rebates serve as a way for sellers to meet buyers in the middle during negotiations.
In the procurement world, cost reduction represents a huge portion of the strategy. Suppliers lean on rebates as a way to lock buyers in. If buyers switch suppliers, they might get a better price up front, but they lose the rebate down the line — which in some cases, may represent more significant cost savings.
Work in progress figures might not sound like something you need to think much about. That’s accounting’s job, right?
A good relationship with your suppliers is just as significant as the products you sell or the services you provide.
You could argue that our software is not the fanciest. You could argue we don’t have a huge feature set but you cannot argue with over 200 four and five-star reviews for ProcurementExpress.com on Capterra. The software comparison site tracks us along with all of our competitors on a range of issues and customer feedback is the most important. We are almost an order of magnitude ahead of our nearest competitors and in this article, I’ll share with you how we got there.