Browse Tag: Procurement

What is the Best Procurement Software?

Best procurement software, what is the best procurement software

Procurement software tends to fall into one of three categories.

There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. Then there is accounting software that people use to keep track of POs, sacrificing a comprehensive procurement suite for all-in-one convenience. And finally, there’s purchase order-specific software.

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5 “Rights” of Procurement

Rights of procurement

Procurement departments are misunderstood.

Effective procurement depends on planning, design, execution, and control over the million moving parts in the supply chain. Not to mention risk mitigation, in-depth market knowledge, and striking the perfect balance of power with suppliers. Continue Reading