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2025 Procurement Benchmark Report

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The Spend Culture Blog

Best practices, expert advice, and industry insights on everything from procure to pay. Learn how you can put your procurement function to work to cut costs, drive efficiency gains, and future-proof your organization.

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Supply chain

Updated: Jun 26th, 2024 • 6 min read

Major Issues Facing Supply Chain Managers

Supply chain managers face issues on a daily basis, and almost all require direct attention and a quick response. These problems can vary in … Major Issues Facing Supply Chain Managers

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Procurement

Updated: Jun 26th, 2024 • 4 min read

Simple Steps to Speed up Your Internal Procurement Process

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.

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Podcast

Updated: Jun 26th, 2024 • 6 min read

Sourcing Products from China – Tips from Veteran Businessman Sam Miller

Tips on how to source products from China Sam Miller is the man behind The East Asia Company – a consulting firm with extensive … Sourcing Products from China – Tips from Veteran Businessman Sam Miller

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Procurement

Updated: Jun 26th, 2024 • 2 min read

How to Outsource Procurement Using International Purchasing Offices

International purchasing offices (IPO) are an interesting field of business management that is starting to grow in importance. As supply chains are growing larger … How to Outsource Procurement Using International Purchasing Offices

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Finance

Updated: Jun 26th, 2024 • 4 min read

The New Normal: How Finance Leaders Are Adapting – In Case You Missed It

We recently held an online panel event with our friends at Robert Half Canada where we talked about how finance leaders are adapting to … The New Normal: How Finance Leaders Are Adapting – In Case You Missed It

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Biotechnology

Updated: Jun 26th, 2024 • 5 min read

4 Spend Management Predictions for Biotech Organizations in 2022

Effective spend management strategies were the key differentiator in the success or failure of fast-growing biotechs through the global pandemic. Whether or not labs … 4 Spend Management Predictions for Biotech Organizations in 2022

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Supply chain

Updated: Jun 26th, 2024 • 5 min read

A Closer Look at Indirect Supplier Management

If we were to list all the possible expenses a business can face on a daily, monthly, quarterly, or annual basis, there’d be too … A Closer Look at Indirect Supplier Management

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Procurement

Updated: Jun 26th, 2024 • 4 min read

How to Gain Control of Your Indirect Spend

Indirect spend can help maintain or, if you’re not careful, hinder your organization. Calculating it is essential, and it forms the base of your … How to Gain Control of Your Indirect Spend

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Purchasing automation

Updated: Jun 26th, 2024 • 2 min read

How To Build A Fintech Stack

Why is a fintech stack important? Today, a fintech stack is crucial to your business. That’s because your organization needs to consider investing in … How To Build A Fintech Stack

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Company news

Updated: Jun 24th, 2024 • 4 min read

The Origin Story Behind Our Mascot: Dash the Sloth

How does a SaaS company mascot defy expectations? How does a mascot leave a memorable impression with customers? More importantly, how does he help … The Origin Story Behind Our Mascot: Dash the Sloth

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Purchasing

Updated: Jun 24th, 2024 • 9 min read

Procurify Brings Control to AlphaSights’ Ever-Growing Purchasing Process

When a prominent hedge fund or a Fortune 500 company needs help, they turn to AlphaSights. AlphaSights is a booming, global “knowledge broker” – … Procurify Brings Control to AlphaSights’ Ever-Growing Purchasing Process

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Webinars

Updated: Jun 24th, 2024 • 5 min read

Webinar: Why a Deloitte Accountant Made the Switch to Tech Startups

This interview is taken from an episode of the Spend Culture Stories podcast. In this episode, Brittany Nasso, the Controller at Voices.com shares how to drive … Webinar: Why a Deloitte Accountant Made the Switch to Tech Startups

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2025 Buyer’s Guide: Spend Management

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