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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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Enterprise resource planning

Updated: Jun 24th, 2024 • 4 min read

The Tech Stack of a CFO – Why ERPs and “One Size Fits All” Solutions Are Dying – Paul Riegel

This interview is taken from an episode of the Spend Culture Stories podcast. The Tech Stack of a CFO – Why ERPs and “One Size … The Tech Stack of a CFO – Why ERPs and “One Size Fits All” Solutions Are Dying – Paul Riegel

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Education

Updated: Jun 24th, 2024 • 4 min read

Charter School Growth & the Case for e-Procurement

Charter schools have seen explosive growth in the U.S., but what are they and how do they differ from other types of schools? Let’s … Charter School Growth & the Case for e-Procurement

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Purchasing

Updated: Jun 24th, 2024 • 4 min read

Top Five Issues Faced in the Purchasing World

In a radio address to the American public on June 12, 1942, then-U.S. President Franklin D. Roosevelt quipped: “There are as many opinions as … Top Five Issues Faced in the Purchasing World

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Purchase orders

Updated: Jun 24th, 2024 • 3 min read

6 Purchase Order Myths You Need to Know

Consider us the “Mythbusters” of the procurement world. We’ve collected some myths and misconceptions about purchase orders and compiled them here, so we can … 6 Purchase Order Myths You Need to Know

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Purchase orders

Updated: Jun 20th, 2024 • 8 min read

What Are Self Purchase Orders & Why They Are Bad For Business

What is a Purchase Order? (If you are already familiar with Purchase Orders, skip to What is a Self Purchase Order below— either way, it … What Are Self Purchase Orders & Why They Are Bad For Business

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Invoicing

Updated: Jun 20th, 2024 • 6 min read

What is Invoice Processing and Why Does It Matter?

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?

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Vendor management

Updated: Jun 20th, 2024 • 6 min read

Cloud Computing and Supply Chain Management

As supply chains start to look more like tangled webs with many suppliers, requester, and shipping partners, cloud-based solutions will be the solution of … Cloud Computing and Supply Chain Management

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Invoicing

Updated: Jun 20th, 2024 • 4 min read

What Is Invoice Fraud & How to Prevent It

Whenever there’s an opportunity to exploit a company for money, someone is willing to take advantage of it. As a company owner, it is … What Is Invoice Fraud & How to Prevent It

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Procurement

Updated: Jun 20th, 2024 • 6 min read

Applying the 12 Agile Principles to Procurement

Sooner or later, procurement as a profession will need to become agile. Consequently, agile principles will become the norm.  To resist doing so in … Applying the 12 Agile Principles to Procurement

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Finance

Updated: Jun 19th, 2024 • 3 min read

Supporting activities and Procurement: How to improve profit margins

How often do you observe and measure your firms supporting activities. Supporting activities mean everything on the side, that helps run your business but … Supporting activities and Procurement: How to improve profit margins

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Enterprise resource planning

Updated: Jun 17th, 2024 • 3 min read

Implementing an ERP Procurement Process in Project Management

Implementing new technology or systems has always been difficult. Most companies fail when implementing new technology, albeit the success rate has improved slightly over … Implementing an ERP Procurement Process in Project Management

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Cannabis

Updated: Jun 17th, 2024 • 7 min read

What Tech Tools Do Cannabis Business Owners Use? – Scott Berdell

This interview is taken from an episode of the Spend Culture Stories podcast. In the month of April 2019, we’re launching a monthly segment that … What Tech Tools Do Cannabis Business Owners Use? – Scott Berdell

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