All About Purchase Order Financing
Purchase order financing, or factoring, is a funding method for companies that don’t have the cash flow needed to purchase inventory required to complete orders for their customers.
Continue ReadingHow to Manage Purchase Orders
Digital purchase order management is more important than you think. The right system allows you to get ahead of the inefficiencies that cost you money and waste time.
Continue ReadingWhat 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.
How to Speed Up the Purchase Order Procedure
Whether you’re messing around with paper POs or inefficiencies are hiding out in the supply chain, we’re willing to bet that your purchase order procedure could move a bit faster.
How to Automate the Purchase Order Process
Are you still using manual purchase orders? If so, it’s probably time to update your PO process.
How to Build a Better Purchase Order Workflow
Organizing your purchase order workflow might sound like a massive, time-intensive undertaking, but inefficient workflows can have a negative impact on your bottom-line long term. Continue Reading
Take The Manual Work Out Of Your Purchase Order System
TBG Homes is essentially 3 companies in one; a real estate development company with a construction division and a real estate broker. Here’s how they manage it all:
TBG Homes are currently creating a track map of 46 homes for which they have 6 different customisable designs. Doing the paperwork for these 3 companies have involved creating a lot of spreadsheets, says Trish Napolitano, Secretary-Treasurer for all 3 organizations.
Continue Reading
