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SPEND CULTURE
Procurify Blog

Month: September 2013

Spend Analysis – Visibility into Company Spending

Matt Lim Matt Lim

Better Visibility into Company Spending Businesses spend billions of dollars to figure out where they can save time or money.  Companies will change store layouts, redesign their systems and even change the shade of ink on packaging to reduce costs.  Even saving a fraction of a penny on packaging can…

September 30, 2013

The Definitive Guide to Control Company Spending

Matt Lim Matt Lim

 

September 26, 2013

Direct vs Indirect Procurement: What’s the Difference?

Kenneth Loi

Procurement’s importance as a key business process has increased significantly in recent times. Originally, procurement was started as a means to integrate purchasing into supply chain management during a time when most large companies were struggling to manage their operational costs.

September 25, 2013

All You Ever Need to Know About Purchase Orders

Kenneth Loi

Using purchase orders can help a company regain control of its spending, streamline the process of acquiring goods and services, and create a proactive spend culture that improves the bottom line.

September 23, 2013

3 Essential Qualities to Drive Effective Procurement

Matt Lim Matt Lim

Throughout history, advances in technology have allowed people to pursue creativity expand their minds to develop even more technological advancements.  As technology advances, so does productivity, increasing the capacity for future technological advances.

September 20, 2013

The Basics – Procurement Process

Matt Lim Matt Lim

The Procurement Process relates to the buying process of businesses and usually refers to the purchasing of supplies or services.  Many companies use ERP (Enterprise Resource Planning) systems to help manage the procurement process, manage budgets and track spending.  The whole purpose of establishing a proper procurement process is to…

September 5, 2013