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
Do you find your business stuck in the age-old struggle of using personal credit cards for business expenses? If you feel this way, it might be the perfect time to finally consider a transformative solution for your organization through purchasing cards. Purchasing cards are financial instruments that have been a tremendous help for the business… Continue reading A Complete Guide To Purchasing Cards
Do you and your team still struggle with manual processes? Well, you’re not alone. Many procurement professionals feel the same way. However, in modern technology, this pain point can easily be fixed by simply integrating digital procurement strategies into your business. We’ll dive into this concept further in this blog. We’ll start by addressing a… Continue reading Digital Procurement Platform 101: Everything You Need To Know
If done right, purchase order automation can help reduce the time spent on issuing and matching purchase orders. Yet, many companies struggle with automation because they either pick up the wrong tool or process or can’t have their employees adopt the new process. That leads to failed implementation, mistakes during manual purchases, and bad outcomes… Continue reading Purchase Order Automation: 3 Mistakes To Avoid
Are you new in the procurement role and wondering what strategic procurement might do for you? If you are, you might be struggling to understand the following: Reasons behind your company’s high spending Effective ways to work well with your suppliers If this is the case, then you may need to learn that the secret… Continue reading Everything You Need To Know About Strategic Procurement
Purchasing software for Biotech is a crowded market. Search for “Purchasing Software” on the G2 marketplace and find 185 listings. So, rather than spending endless hours searching the internet for the top purchasing software for biotech, we compiled a list of vendors to consider. We also provide a quick checklist you can use to compare… Continue reading Best 8 Purchasing Software For Biotech Companies
Looking for eProcurement software for Biotech? This article will cover how ProcureDesk’s eProcurement software helps you automate the procurement process and provides better visibility into your Spend. Life science companies often have long development lifecycles, making tracking your burn rate even more important. Without e-procurement software, you might rely on outdated spreadsheets to track your… Continue reading eProcurement Software For Biotech Startups And Growing Companies
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