Infographic: The Automated Purchase Order Journey
There are many hidden pitfalls when using manual processes to manage company spend. This simple infographic shines some light on the issues you might be struggling with.
Continue ReadingNew App Features in ProcurementExpress.com Release 1.9.119 to 1.9.123
What’s new:
Just another set of UI improvements, performance improvements and bug fixes. But the exciting part, as always, is that we have released a few nice features you might find interesting.
Continue ReadingWhat is Spend Culture and How Does it Impact Your Bottom Line?
If you’re wondering what spend culture is, you’re probably assuming it’s just another buzzword from the corporate world. And that may very well be true, but the concept is an important one nonetheless.
Continue ReadingRisk Management: Planning for an Uncertain Future
The future is always uncertain — but what really counts is figuring out just how uncertain it is. Put another way, what matters most is accurately assessing all possible risks coming at you from all angles.
Continue ReadingA Short Guide to Project Management Procurement
Most larger organizations have a procurement team that handles general purchasing duties. If you’re a project manager, your role may involve working closely with procurement—though often, procurement project management is a collaborative effort involving multiple team members. The PM might work with procurement, the project team, engineers, and others to come up with a plan, find vendors, and control procurements.
Continue ReadingHow to Improve Your Indirect Spend Management Strategy
Procurement managers are pros when it comes to negotiating deals down to the penny, working closely with suppliers to secure terms that place them at a strategic advantage.
Continue ReadingHow Departmental Budgeting Fits into the Big Picture
Departmental budgeting offers more control over spending at the department level, allowing teams to analyze performance in a granular way.
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