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Procurement for Microsoft Dynamics NAV

Procurify brings purchasing management software to Microsoft Dynamics NAV. Microsoft Dynamics NAV is an enterprise resource planning (ERP) software. Used…

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What is indirect procurement software?

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About two weeks ago, we briefly discussed indirect suppliers. For a reminder of that post, click here. As a refresher (for those that just can’t be bothered to click!): Indirect costs, courtesy of businessdictionary.com, are “expenses (such as for advertising, computing, maintenance, security, supervision) incurred in joint usage and, therefore, difficult to assign to or identify with a specific cost object or cost centre (department, function, program). Indirect costs are usually constant for a wide range of output, and are grouped under fixed costs.” In short: costs associated with running a business, but not directly related to producing a good or service. So what, then, is indirect procurement software? Well…that’s a bit of a tricky answer. Technically speaking, there is no such…