
5 “Rights” of Procurement
The 5 rights of procurement are the bones of your strategy. It’s also a great tool for communicating with stakeholders who don’t quite get the process
Team members can create a purchase request in minutes
Set unique custom fields to suit your business
Turn your online shopping cart order into a draft PO
Managers can quickly approve or reject requests
Cross reference and verify accounts payable expenses
Upload all of your essential purchase data in seconds
Unlimited, detailed budgets to help you track company spend
Analyze detailed breakdowns of company spend
Remote teams can manage purchasing from anywhere
Execute secure batch payments directly from your app
Auto convert purchase orders to the supplier’s currency
Manage & switch between different company accounts
Big picture reports for finance teams and super users
Manage 3rd party suppliers in a single portal
More value from suppliers of standard items
Build a product catalog for critical vendors
The 5 rights of procurement are the bones of your strategy. It’s also a great tool for communicating with stakeholders who don’t quite get the process
Digitizing POs, setting approval flows, and syncing with AP seem like small changes, but add up to big savings. Here’s why manual procurement needs to go.
Procure to pay or P2P is a step-by-step approach to managing purchasing activity from planning to PO to payment. Read on to learn more about the process.
Procurement planning is complicated, but construction comes with added roadblocks. Here, we’ll look at some ways to fight the industry’s biggest challenges
Procurement software can seem like a big investment, but the ROI can be impressive. Case in point: ISS Ireland, an international facilities management company, got a 15x ROI when they began using ProcurementExpress.com software.
Between human error and excessive documents, paper POs just don’t make sense anymore. Here’s why construction teams should bring procurement into the cloud.
A school audit doesn’t have to be scary. By digitizing the procurement process, it’s never been easier to produce financial records on command.
Balancing soft skills like negotiation and relationship building with analytics and a keen eye for detail is all in a day’s work for procurement pros.
Setting a procurement budget can be tough. You need buy-in from accounting, finance and the C suite. Here are some ways you can make things easier.