Learn how you can transform spend management into a strategic lever for your organization with best practices, expert advice, and industry insights on everything from procure to pay. Discover the meaning of Intelligent Spend Management and how you can put your spend data to work to cut costs, drive efficiency gains, and future-proof your organization.
Learn how to optimize your procurement process amid volatile supply chains. Explore stages, setting objectives, auditing existing systems, and leveraging platforms like Procurify for end-to-end workflows.
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.
Why is investing in spend management crucial during a recession? We discuss extending runway, addressing inefficiencies, preparing for uncertainties, and the significance of business continuity plans. Make your spend smarter.
We outline the top 10 challenges faced by purchasing managers, from risk mitigation to vendor selection. Learn the significance of accurate data, digital technology, stakeholder rapport, compliance, and how purchasing software can revolutionize procurement.
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.
Explore the crucial role of supply base optimization for businesses. Learn the 6 pivotal steps to refine your supplier list, ensuring efficiency, reduced costs, and beneficial partnerships. Dive deep into supplier rationalization strategies for effective management.
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.