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
Priscilla Ng
Dear Mr. Purchasing Manager,
February 27, 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 Shruti Agrawal
Procurement, as a business operation, can be unpredictable — there are far too many variables involved, and not every part of the process can be monitored. Indeed, only in Procurement can expected outcomes fail to meet expectations. This is why procuring from low-cost markets can be even more risky. But,…
February 1, 2017
Rudy Yuly
What is a Purchase Order? (If you are already familiar with Purchase Orders, skip to What is a Self Purchase Order below— either way, it would be useful to read about Purchase Orders first)
December 7, 2016 Nitant Narang
Companies, across the board, are not immune to uncontrolled spending and don’t know how to deal with it — across industries, CFOs and CPOs are being let go after financial reports throw up surprises at the end of the quarter.
September 19, 2016 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