Albert Bandura is probably the most influential psychologist you haven’t heard of and yet he is actually the 4th most cited psychologist of all … The Value of Change Management
You might never have heard of Procurify. We’re just a procurement software company, another business, another voice. I don’t blame you. Before I started … Procurify – We’re Just a Procurement Software Company
Boost your internal procurement efficiency with these steps: standardize processes, set approval thresholds, reduce approval chains, and adopt cloud-based systems. Also, consider sourcing locally to expedite logistics and support the local economy.
Procurement is often a misunderstood and disregarded (unfortunately!) function of an organization. However, procurement optimization can produce a host of benefits and add tremendous value … How Procurement Optimization Adds Value to Organizations
Major shifts in the supply chain are impacting the future of procurement globally. Companies all around the world are struggling to respond to emerging … What is Procurement Intelligence and How Can It Benefit Your Business?
Within the realm of business negotiations there are two forms of negotiations you can make, depending on time and circumstance. Especially when it comes … E-Procurement and Supply Chain Management: Negotiating 101
Better Visibility into Company Spending Businesses spend billions of dollars to figure out where they can save time or money. Companies will change store … Spend Analysis – Visibility into Company Spending
Explore the distinctions between direct and indirect procurement. Dive into their roles, strategies, and impact on spend management. Discover how they influence a company’s operations, profitability, and supplier relationships.
Throughout history, advances in technology have allowed people to pursue creativity expand their minds to develop even more technological advancements. As technology advances, so does … 3 Essential Qualities to Drive Effective Procurement
: Dive into the complete guide on the Procure-to-Pay process. Understand each step, embrace best practices, tackle challenges, and discover future trends for optimizing your business’s procurement and payment activities.
The first time match rate As we discussed in our previous post, first time match rate (FTM) is an essential Key Performance Indicator (KPI) … Why Increasing Your First Time Match Rate Is Critical to Reducing Costs
Many established companies use Key Performance Indicators (KPIs) as a way to measure the success of a particular activity that it is engaged in. … Procure to pay KPIs: 11 metrics you need to track