Author: Procurify

Lean supply chains focus on waste reduction and streamlining processes. By optimizing procurement, manufacturing, warehousing, and transportation, companies like Kenco achieve better efficiency, reduced costs, and higher customer satisfaction.

Facing an impending recession? Procurify outlines 7 steps to prepare: optimize cash flow, smart sales strategies, efficient inventory management, ensure creditworthiness, and more. Navigate economic turbulence with informed financial strategies.

Dive into “Purchasing Problems and Solutions: 10 Common Challenges” to discover how strategic planning and procurement software can address issues, improve efficiency, and strengthen supplier relationships for operational excellence.

Explore the power of procurement process automation. Streamline your procure-to-pay journey, reduce errors, and boost efficiency. Learn the top 5 essential workflows to automate, and unlock the potential of your procurement team with Procurify.

Uncover the top 10 procurement mistakes that cost businesses significantly, from duplicate orders to poor supplier performance. This guide provides solutions to tackle each challenge, ensuring smarter, less wasteful purchasing practices.

Discover the importance of a chart of accounts in business accounting. Dive deep into assets, liabilities, revenue, and expenses to keep records accurate and make informed financial decisions. Learn how Procurify can streamline your accounting process.

Learn about the differences between supply chain methodologies like lean, agile, and hybrid. The supply chain plays a critical role in a company’s ability to stay competitive and this blog will help you find the best fit for your business needs.

Discover how to effectively implement an e-procurement strategy in 6 actionable steps. From reviewing your current strategy to software implementation, streamline your procurement processes for better results and cost savings.

Working in a remote or hybrid environment has become the new normal for many mission-driven organizations. For most finance people, that’s easier said than … The Month-End Close Process: Everything You Need to Know

If you ask a group of procurement professionals about the difference between tactical and strategic sourcing, you’ll get a similar answer: ‘It depends.’ Before … Tactical vs. Strategic Sourcing: What’s the Difference

According to the Global Business Travel Association, organizations process an average of 51,000 expense reports every year. Unfortunately, due to poor internal practices, finance … Spending Card Program: 4 Things to Consider When Tracking Team Spending

As the COVID-19 pandemic continues to disrupt global supply chains, organizations are facing a number of different challenges at every stage of the supply … 6 Supply Chain Issues Your Organization Will Face in 2022