Your purchase order (PO) process is absolutely necessary to your business operations. Why? Because electronic purchasing is quick, efficient and it can be monitored. Not having an efficient purchase order system can have delaying effects on the whole process. It’s like having a debt that is not repaid; it accumulates interest and the entire organization can be brought to a stand-still under the debt load that it has incurred.
Approval is normally given or felt when someone has a positive opinion of something. If your project is running smoothly and the budget was kept to, there is no feeling so sweet! The challenge is in getting that satisfying feeling every time and not just sometimes. The fluency of your approval process plays a very important role in determining whether other related processes get delayed as well. Approvals for purchases are a very important part of getting the work done.
As per Investopedia the definition of a Budget goes as follows: “An estimation of the revenue and expenses over a specified future period of time.”
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Trouble in Eden
Explainer videos are a hot topic. There is a lot of demand for Piehole.tv’s services and keeping all of the many productions up to speed, quality and budget is not a challenge for the faint of heart. With an award winning background in the creative industry, founder and chief executive, Priscilla Groves, was producing first class work for happy clients. Continue Reading