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
Procurement is the art of acquiring things you didn’t even know you needed until someone convinced you that you couldn’t live without them. What Is The Definition Of Procurement? What is the main role of procurement? What is an example of procurement? What is the role of the procurement team? Procurement vs. Purchasing Who is… Continue reading What is Procurement
A purchase order, or PO, is like a love letter to your supplier saying, “I want you and all the goods and services you offer for an agreed-upon price.” What is a purchase order? Are there different types of purchase orders? What is the goal of a purchase order? What is a purchase order process?… Continue reading What is purchase order
By implementing an Electronic purchase order, you can cut the time spent on processing purchase orders by up to 50%. Here are the typical results of our clients who have moved from a paper-based purchase order process to an Electronic purchase order system: Reduced cycle time by up to 30%. Reduced cost per PO by… Continue reading How to implement an Electronic Purchase Order System (in 7.5 days)
Choosing an all-in-one platform that encompasses procurement, accounting, and purchasing processes can take time and effort. This article compares two innovative procurement software options, ProcureDesk and Precoro.com, to help you choose the best software for your business. What should I look for when choosing procurement software? When choosing software for all your procurement, purchasing, and… Continue reading Three Things to Consider When Comparing ProcureDesk and Precoro.com
Google “business spend management tools,” and you’ll find a vast list of options. Organizations that use business spend management tools can track spending and costs, streamline requests and approvals, and save time by automating the procurement process. With so many options for spend management tools, how can businesses be sure they’re getting the best bang… Continue reading Four Reasons to Consider ProcureDesk over Spendwise.com
Procurement software that automates purchasing processes and spending management makes the purchasing process easier for organizations. Choosing the right one for your company depends on what features you are looking for. This article will introduce the main features of both Planergy.com and ProcureDesk to help you understand why ProcureDesk is the better choice to better… Continue reading ProcureDesk vs. Planergy: How Do They Compare?
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