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
Bonus:Purchase order policy template If you are a Finance Director for a non-profit and looking to set up a purchase order policy, this is the strategy for you. This article will cover the key elements you need in a purchasing policy. But before we get started, click on the link below to download the purchase… Continue reading Purchase order policy for nonprofit
QuickBooks AP automation process works great with only a few supplier invoices (Bills in QuickBooks). But as the volume increases, the AP team struggles with keeping up with the increased volume with QuickBooks AP Automation. More time spent processing invoices means delayed close of month close process. If you need help with accounts payable automation… Continue reading Accounts payable software compatible with QuickBooks
Bonus: Purchase Order System Checklist When it comes to a Purchase order system and its features, it is a buyers market. Just do a quick search on Google for Purchase order software or see the listing on Capterra. You would see that there are hundreds of systems categorized under the purchasing system category. Each purchase order… Continue reading Purchase Order System – 17 must-have features
Wondering how you can automate the accounts payable process using QuickBooks Online or QuickBooks Enterprise? After helping 100’s of customers, I think we are qualified to answer this question. In this article, we will cover the core capabilities of QuickBooks and to what extent you can use those capabilities to automate the accounts payable process.… Continue reading Can QuickBooks Automate Accounts Payable?
Spending too much time matching invoices with purchase orders is a hassle. If your company suffers from this, it might be the perfect time to invest in invoice-matching software. Automating the invoice matching process in your company means reducing the time you spend on processing anywhere from 30% to 50%. In this blog, we’ll be… Continue reading A Quick Guide To Choosing An Invoice Matching Software
Bonus Material: Purchase Order Software Checklist Struggling with implementing a purchase order process with QuickBooks and want to know your options? Is your team tired of manually creating purchase orders and tracking them in Spreadsheets? Then following this EXACT process and cut the time spent on purchase orders by more than 50%. This is… Continue reading Purchase Order Software QuickBooks – Options and Alternatives
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