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.
October 15, 2019
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…
February 4, 2019
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…
November 30, 2017
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.
June 12, 2017
Procurify
This is a detailed look at the intricacies of procurement payment terms.
May 24, 2017
Kevin Scott
Why does Procurement Fraud Occur? Procurement fraud can cost your organization huge amounts of money, time, and other important resources. Fraud occurs for a multitude of reasons; “stealing money or property by a person who is in a position of trust, such as an employee or an agent” which is…
March 13, 2017
Martin J Venter
We are all too aware of how Procurement teams have always had to yield to Finance’s whims. This has, for too long, been the Chief Procurement Officer’s (and not to mention the Purchasing Manager’s) biggest grievance. And it’s a grievance that has never quite been addressed. About thirteen years ago,…
February 22, 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
Cyber Security in SMEs While most companies are slowly becoming aware of the need for cyber security, this is typically viewed as an ‘in the future’ objective that is not critical for day to day business. Cyber security, as has been previously discussed, should always be viewed as businesses critical,…
February 9, 2016