Author: Procurify

Discover the essential steps and best practices for implementing an efficient expense management process. Drive operational efficiency, enhance compliance, and optimize financial control for long-term success.

If there’s anything that has, in recent times, dominated the financial news agenda as much as the rise of cryptocurrencies, it’s probably marijuana. Day … Cannabis Inc Has Problems But They Aren’t What You Think

If there’s one thing CFOs always seem worried about, it’s their organization’s ability to manage cash flow. Most companies try to make the most … What is Invoice Processing and Why Does It Matter?

What is Cash Flow? The term “cash flow” refers to the net amount of cash or cash-equivalents (such as checks, coins, or liquid investments) … All You Need to Know About Cash Flow

Let’s jog our memory to General Electric’s golden days — that period of radical transformation when it went from being a power company into … Company Culture Matters, but So Does the Person You Work For

Before getting to the why and the how, let’s start from the very beginning: In 1991, Jeff Bezos was burning the candle at both … Return on Failure: Why Jeff Bezos Doesn’t Believe in Profit

The global procurement software market is expected to rake in revenue of about $5.14 billion in 2017. So, should you opt to use a … What Are The Pros and Cons of E-Procurement?

If you’re wondering “What is a Non-PO (Non-Purchase Order)?”, the easiest way to understand it is by looking at its opposite: the PO (Purchase … What is a Non-PO (Non Purchase Order)? Risks, Examples, and Best Practices

“How long would it take me to become the CFO?” is a question that many analysts, controllers and accountants are bound to ask. There’s … The Guide to Becoming a CFO Before Turning 30 — from the Three Guys who did

“We spent $200M in the past 2 years. $200M!…We spent 2/3 of the cash… Holy shit this is a big deal.” — Jason Goldberg, … Every Third Startup Fails Because of This Problem

This is a detailed look at the intricacies of procurement payment terms.

Consider the three-way match; it’s an accounting term, and, as is the case with most every word in the glossary of Finance and Accounting terms, … How Fake Invoices Cost Citi $400 Million