The Spend Culture Blog

We love the procurement process – so much so, in fact, that we’re constantly developing and improving our purchasing software to ensure users entrench … Why You Need a Procurement System Policy Framework

Procurify is a cloud-based e-Procurement software solution provider. As an e-Procurement software, we are easy to use, user friendly, and quick to implement. These are … 10 Questions You Need to Ask Your Software Provider

It sounds made up, doesn’t it? Profitability and growth in the same sentence. While companies achieving the “profitable growth paradox” are considered outliers, they … Procurement: Blue Ocean Strategy

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

What Is The Request to Pay Methodology? The request to pay methodology is a proven method for organizations to manage their spending. It incorporates industry … Introducing the Request to Pay Methodology

Consider the three-way match; it’s an accounting term, and, as is the case with most every word in the glossary of Finance and Accounting terms, … How Fake Invoices Cost Citi $400 Million

Auditing is the process of reviewing an organization’s financial records to decide if they are accurate and align with regulations, state laws, and accounting … How Universities and Charter Schools Prepare for Audits

Most people who have anything to do with business and commerce know what an invoice is. It’s the document that itemizes a commercial transaction … Everything You Need To Know About Invoices

One benefit of working in tech (besides the relaxed dress code and the pool table in the lobby) is a company culture built around … Leading a Remote Team With Shouvik Roy, CFO at Drop

Managing accounts payable and accounts receivable is essential to any business. You need to be able to track what you owe a supplier, what … Tips for Managing Accounts Payable & Accounts Receivable

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?

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