Practical tips for procurement and finance
Managing nonprofit purchases is hard enough. But when you’re juggling multiple grant budgets and strict compliance requirements? Most nonprofits waste hours tracking expenses, risking grant violations, and struggling to match purchases with the right funding sources. Your team scrambles to figure out which grant can cover which expense. Donors demand detailed spending reports, but your… Continue reading How To Implement A Purchasing System For Nonprofit Organizations
Managing nonprofit purchases is hard enough. But when you’re juggling multiple grant budgets and strict compliance requirements? Most nonprofits waste hours tracking expenses, risking grant violations, and struggling to match purchases with the right funding sources. Your team scrambles to figure out which grant can cover which expense. Donors demand detailed spending reports, but your… Continue reading How To Implement A Purchasing System For Nonprofit Organizations
If you’re a lab manager or finance leader at a life sciences company, you know the challenges of managing purchase orders without a streamlined system. Juggling POs across multiple tools—or worse, spreadsheets—can feel chaotic and unproductive. A tailored PO system for life science companies can eliminate the frustration, allowing scientists to focus on groundbreaking research… Continue reading PO System For Life Sciences Companies
Traditional AP processes are slow, error-prone, and costly for many businesses. Tracking, processing, and filing paper invoices can consume valuable time and resources, leaving AP teams struggling to keep up. With paperless accounts payable, you can improve the efficiency of your Accounts payable team and cut your processing time by more than 50%. With accounts… Continue reading Paperless Accounts Payable: Your Answer to Missing Invoice Headaches
If you want to improve the profitability of your business and lower your operational costs, this blog is for you. We’ve detailed the 15 top tips to help you strategically keep up with cost-reduction efforts for your business. By the end of this blog, you’ll understand saving opportunities that you might have often overlooked and… Continue reading 15 Tips To Lower Operating Costs For SMB’s
Are you a finance leader in your company struggling to set up an effective purchase order approval process? No doubt, a long and bureaucratic approval process doesn’t cut to today’s modern businesses anymore. Companies like you need something fast and efficient. This blog will teach you everything you need to know about the purchase order… Continue reading Complete Guide To Purchase Order Approval Process 2024
Procure-to-pay encompasses the activities of both the procurement department and the accounts payable team. It covers everything from sourcing and buying products to paying invoices and tracking budgets and spending. By connecting purchasing and payments, procure-to-pay systems eliminate challenges such as surprise invoices, going over budget, disorganized communications, wasted time, and more. At ProcureDesk, we… Continue reading Procure-to-Pay System: The Process & 2024 Software List
When increasing your procurement skills, nothing does it better than investing your time in reading a quality procurement book. The other way to learn faster is to practice the skill often. So, we have compiled a list of some awesome books every procurement professional should read to improve their digital procurement skills. We have tried… Continue reading 15 Procurement Books for Today’s Professionals
Paper invoices are outdated. If you want to stay in the game and keep things efficient for your business, it’s time to make the switch to a paperless invoice system. It’s a paperless invoice approval system that’s in. And if you didn’t realize, you’re losing at least 40% of your productivity for your Accounts Payable… Continue reading Paperless Invoice Approval System For Accounts Payable
Are you a CFO or controller looking to increase your procurement cost savings? Then, this blog is for you. Most businesses struggle with finding the right procurement strategies to lower their procurement costs and increase their cost savings. In this resource, we’ve gathered everything you need to know about procurement cost savings and the next… Continue reading Procurement Cost Savings – The Complete Guide
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