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
Curious about Procurement Salary benchmarks? We are also and we will be answering most of your questions around salary benchmarks. There are primarily two reasons we are covering Procurement salary benchmarks 1. Providing A Baseline For Procurement Professionals As you know most of our readers are procurement professionals, and if you are reading this chances… Continue reading Procurement Salary Benchmarks [2010-2018]
In many companies, procurement and finance often work separately, each with its own goals. But it’s important to understand their vital roles in the procure-to-pay (P2P) process. Without proper teamwork between them, your business might miss important opportunities. Today, businesses are realizing the benefits of closer collaboration between procurement and finance. That’s why, in this… Continue reading 9 Ways To Increase Procurement And Finance Collaboration [Complete Guide]
Bonus Material: Free Purchasing Policy Template Looking to control cost and get better cash flow visibility? Are you looking to implement a new purchasing policy? Then this strategy would help you implement a purchasing policy that not only helps control cost but also helps with setting up your company procurement process for growth. In this… Continue reading Purchasing Policy Guide for CFO’s [Template Included]
ProcureDesk Certified With 2 Procurement Software Distinctions By A Notable Platform For Saas Reviews We are pleased to announce that ProcureDesk has recently become a two-time winner, as we received the 2018 Rising Star and 2018 Great User Experience awards from FinancesOnline. Our purchasing automation software was built to simplify the processes of small and… Continue reading ProcureDesk Review by Financesonline.com
If you are in the market for a new purchase order system, you would easily realize that you have a plethora of choices. Don’t believe me, just do a quick google search on purchase order system and you can see what I am talking about. Having multiple available options is both good and bad news.… Continue reading How to select a purchase order system – Infographic
Why Talk About Travel And Expense Policy Best Practices? I think that you would agree with me that although Travel and expense (T&E) spend is not a major contributor to the total spend, it still needs a lot of attention and resources to process the expense reports for employees. This includes defining a Travel & Expense (T&E)… Continue reading Corporate Travel and Expense (T&E) Policy Best Practices [Complete Guide]
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