The Spend Culture Blog

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.

One of the best ways for personnel in accounts payable to verify a payment is with a three-way matching (3-way matching) system. Three-way refers … What is Three Way Matching and Why is it Important for Your Accounts Payable Team?

There are myriad ways of driving organizational change – consistent readers of this blog will agree, as we’ve covered this issue from numerous angles. … How to Best Optimize Invoice Tracking

We heard from two corporate controllers, on how they help their companies achieve their missions. They also covered how they address the challenges of … Automating Financial Processes Best Practices From The Professionals

Procurify recently spoke with three fintech executives about their biggest lessons learned in 2020, and how they intend to future-proof budgets and approvals for … Financial Leaders Recap on Lessons Learned in 2020 (and Plan for 2021)

Here’s a secret: studying finance doesn’t mean you have to work for a finance firm (or even in a finance function). Every industry (and … Leading the Finance Function at a Tech Company With Pinder Sekhon

We’re excited to announce the release of our new automated purchase order feature!  Launching June 7, 2021, Procurify customers can now automatically generate a … 🚨New Feature Alert! Introducing Automated Purchase Orders from Procurify

“We spent $200M in the past 2 years. $200M!…We spent 2/3 of the cash… Holy shit this is a big deal.” — Jason Goldberg, … Every Third Startup Fails Because of This Problem

The Month-end process has begun; for the next few days, your team grinds it out to ensure that the books are clean and all … Spreadsheets Are Forcing Your Accountants To Work Overtime. Here’s Why.

There is often an underlying assumption that the accountancy department in any business has a complete picture of everything occurring at shop floor level. … Why Finance Can’t Afford To Wait For Invoices

“Here’s what happens: the invoice arrives. And we have no context for it. Legal hasn’t approved this; Finance hasn’t approved this; IT Security hasn’t … How Manual Processes Undermine Compliance and Internal Controls

  Free Webinar – How to Manage Company Spending Through a Proactive Spend Culture Date: Thursday, November 29, 2018 Time: 12:00 P.M. Eastern Time WATCH THE … [Webinar]: Managing Spend With a Proactive Spend Culture