10 Common Procurement Mistakes and How to Solve Them

Stella Inabo

Purchasing and procurement problems can be costly. Unregulated purchasing activities cost businesses 10-30 percent of targeted savings. These numbers are the stuff of nightmares so most businesses try to avoid these purchasing problems. 

End-to-End Spend Management: Why is it Important?

Callum Sharp

In a time as turbulent as these, a proactive and end-to-end spend management strategy really is the difference between sink or swim. But what does ‘end to end’ actually mean? And where are organizations going wrong when it comes to managing the entire spending ecosystem? Here’s what you need to know.

In Case You Missed It – How to Build a Best in Class Finance Tech Stack

Procurify

In this session, we learned about creating a best-in-class finance technology stack, no matter what stage your company is in.

Bridging the Business Gap Between Finance and Procurement – Karthik Rama

Dani Hao

In this episode of Spend Culture Stories, Procurement Doctor Karthik Rama, one of the top global thought leaders and influencers in procurement chats with about bridging the gap between finance and procurement. He shows us how procurement can find alignment with finance and work together in a business.

Lessons from a Remote Virtual CFO Firm – Jody Grunden, CEO of Summit CPA

Dani Hao

Cash Management for High-Growth Companies

Vikash Dass

So, you’ve started a business, and now it’s rapidly growing. You may be making money, but you must not get caught up in the joy of it. Remember that with the growth of businesses, expenses also increase.

4 Strategies to Spice Up Your Accounting Process

Procurify

As 2019 continues on in full force, businesses are beginning to adjust, adapt and implement updated processes within their organization. Every year, technology and process advancements not only nudge businesses in a different direction, but over time mandate change to remain relevant. However, change should be gradual over time rather…

Company Culture Matters, but So Does the Person You Work For

Nitant Narang

Let’s jog our memory to General Electric’s golden days — that period of radical transformation when it went from being a power company into an engine of massive economic growth, becoming a market leader in areas as diverse as Finance, Media, Healthcare, Venture Capital and Transportation. At the helm of…

Every Third Startup Fails Because of This Problem

Nitant Narang

High burn rates are the reason why startups go under. Everyone’s advocating cost-cutting, but no one can identify the deeper malaise in tech’s Spend Culture.

Procurement Payment Terms: The Bumper Edition

Procurify

This is a detailed look at the intricacies of procurement payment terms.