Procurify Staff
Audit trails can help your company in many ways. They strengthen your internal structure, improve the tracking and safekeeping of your financial records, and can even have a direct impact on your company culture.
August 15, 2017
Nitant Narang
Before getting to the why and the how, let’s start from the very beginning: In 1991, Jeff Bezos was burning the candle at both ends of the stick; his cabin, located on the high stories of a Manhattan skyscraper, included a makeshift bed that Bezos would, now and again, help…
August 8, 2017 Nitant Narang
How can you measure your company spending if you can’t see it?
July 25, 2017 Nitant Narang
If you are curious to find out what a non-PO or Non Purchase Order is, you are probably already familiar with its opposite — the PO (Purchase Order).
July 20, 2017 Nitant Narang
Here is a list of three financial professionals who took matters in their own hands, made a direct impact on their companies’ bottom lines, before, ultimately, becoming CFOs.
July 4, 2017
Emma Harwood
There are lessons to be learned from the Ponzi School of Fraud.
April 24, 2017
Jordan
What is a Blanket Purchase Order?: A Blanket Purchase Order (also known as a standing purchase order) is an agreement arranged between an organization and a supplier to deliver goods or services at a predetermined price on a recurring basis for a specified time period (typically 1 year).
February 24, 2017
Nick Poisson
It’s the dream of every growing company: getting to the point where you can tell people business is smoothly humming along, and it’s actually true. Businesses that get to this level of smooth operation will often attribute it to maintaining their cash flow like the finely-tuned engine of business that it should be.
February 22, 2017
Rudy Yuly
Anyone who has studied or worked in Procurement for any length of time would vouch for the fact that the industry suffers from a serious lack of clarity when it comes to its terminology. Often times, two terms may be used interchangeably even though there is a subtle but significant difference between the two. A case…
August 17, 2016 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