Cloud computing powers Procurify. We chose to develop a web based product very early on in the stages of development. The decision was not hard for us, but many people still struggle to understand why using cloud computing can be … Continue reading
Cloud computing powers Procurify. We chose to develop a web based product very early on in the stages of development. The decision was not hard for us, but many people still struggle to understand why using cloud computing can be … Continue reading
Check out this awesome infographic by our designer Jane Lynn. Click the image to see the full version
When you tackle the challenge of improving your procurement processes, you have to get everyone within the organization on board. If only a portion of the company is using the procurement solution in place, it will not be very effective … Continue reading
There’s a lot of companies out there that already offer extensive Procurement software, so why did we decide to tackle the challenge of improving Procurement? Passionate Founders Procurify was started by a team of 3 Operations Management graduates. They had … Continue reading
One of the biggest trends in Procurement for 2013 will be the adoption of a variety of mobile procurement strategies. The creation of software which can be viewed/used on both computers and mobile browsers is a recent trend which has … Continue reading
The Procure to Pay cycle has become a standardized process for both procurement practitioners and service providers alike. This post has been sourced from an very useful blog called Supply Chain Management. The SCM blog is no longer maintained but … Continue reading
As we discussed in our previous post, First Time Match Rate (FTM) is an essential KPI for any well established Procurement and Accounts Payable department. Procurement tends to spend a lot of time working with other departments within an organization. … Continue reading
Many established companies use Key Performance Indicators (KPI) as a way to measure the success of a particular activity which it is engaged in. The Procure to Pay cycle is an important component to many businesses, and establishing a measure … Continue reading
Procurement as a strategy is a much newer business process compared to marketing or accounting. Originally conceptualized in the 1980s when many large companies were struggling to manage their fuel costs, procurement started as a way to integrate purchasing into … Continue reading
Companies with procurement needs may be familiar with the concept of sending a RFP (Request for Proposal) early in the procurement cycle. A request for proposal is a request made, often through a bidding process, by the company interested in … Continue reading
