April 29, 2022

April Procurement News Round Up

Gross Profit Podcast
The Gross Profit Podcast
April Procurement News Round Up
Loading
/

Show Notes

In this episode of Procurement Express Monthly, Kala Dikibo and a member of Procurement Express’ very own Customer Success Team, JP, go over the latest news in the world of procurement, as well as an important product update to the Procurement Express platform. 

The main points covered in this episode are:

  • The knock-on effect of forced labour: Kala Dikibo shares the recent announcement by Ferrero that they would be ceasing to source palm oil from Sime Darby due to allegations of forced labour in their supply chain. He also talks about the problems that this sort of situation can bring to a company.
  • The impact of bribery and the importance of ethical training in the workplace: Kala and JP discuss the problem of corruption for organizations in light of the sentencing of a former Coca-Cola electrical and automation manager for a £1.5million procurement scam.
  • Invoices moved from attachments to uploads: Kala and JP break down the recent change in the way that invoices are handled within the platform, and why that’s important.

In addition, JP speaks about his role and history within Procurement Express and also delineates just how exactly this latest change benefits clients and vendors. Look forward to hearing more from him on a quarterly basis as he shares with us the latest updates for Procurement Express.

This podcast is tagged under:

The Gross Profit Podcast

More Episodes

Merushka Chetty

Austin Moffat – Fractional CFO Empire: AI Tools + Family Legacy

In this episode, James Kennedy sits down with Austin Moffat, founder of DSO CFO, to unpack how Austin built a thriving fractional CFO firm for dentistry – despite taking a non-traditional route (no CPA). Austin shares how high-level competitive soccer shaped his business IQ, how an early “trial by fire” accounting role accelerated his learning, and why the dental industry urgently needs simple, decision-ready financial clarity. They also dig into dental-specific KPIs, the rise of DSOs and private equity in dentistry, and the practical AI/tech stack Austin is using to run a modern accounting firm.

Listen Now »
Merushka Chetty

Wendy Laxton – Fund Accounting Explained: Why Grant Money Gets Spent Wrong

In this episode, James Kennedy sits down with Wendy Laxton, founder of Laxton CFO Services, to unpack the “modern” version of fund accounting – how nonprofits manage restricted vs. unrestricted funds, align grant requirements with real-world operations, and avoid credibility-killing misallocations. Wendy shares how the 2008 recession unexpectedly led her into fractional CFO work, why niching down to nonprofits was a defining move, and what she’s learned from guiding organizations through system complexity – from overbuilt ERPs to intentionally “resetting” in QuickBooks and rebuilding structure over time.

Listen Now »
Merushka Chetty

Kerry Peters – Microsoft MVP Exposes the #1 ERP Mistake Companies Make

In this episode, James Kennedy sits down with Kerry Peters, Microsoft MVP and Co-Founder of New View Strategies, to unpack why so many ERP implementations fail – and how businesses can finally get the financial clarity, process efficiency, and operational visibility they were promised.

Kerry shares how her unique blend of corporate controller experience, ERP expertise, and a passion for business process has helped hundreds of companies turn struggling implementations into scalable, high-performing systems. From a publishing company with 21,000 general ledger accounts to organizations stuck in endless month-end closes, Kerry explains the root causes, the fixes, and how to prevent the pain in the first place.

She also reveals how she unintentionally built a thriving fractional CFO practice – simply by helping companies bridge the gap between software, people, and process.

Listen Now »