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Procurify Blog

Month: July 2016

Accounts Receivable vs. Accounts Payable: Two Sides of the Same Coin

Tracy Ortlieb

Even a newcomer to accounting can likely guess the basic framework to Accounts Receivable vs. Accounts Payable: Accounts Receivable is money “to be received” by your business from a client or customer, while Accounts Payable is money “to be paid” by your company for a product or service provided by…

July 26, 2016

Procurement and Logistics – The Yin and Yang of a Successful Supply Chain

Don Morgan

Companies are often confronted with a competitive disagreement between departments and management over their relative importance and contributions that can lead to inefficiency.  That’s the case with procurement and logistics as they relate to supply chain management.  

July 12, 2016

Why E-Procurement Makes Sense for Marketing Management

Rachel E. Diken

People whose minds have a natural inclination for streamlined processes often find themselves in operations, supply chain, or marketing management. And yet, it’s incredibly common for the disconnect between operations and marketing departments to cause businesses to suffer ROI. As businesses continue to turn to the benefits of E-procurement to…

July 5, 2016