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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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Finance

Updated: Jun 1st, 2023 • 10 min read

Preparing to Take Your Late-Stage SaaS Company Public

This interview is taken from an episode of the Spend Culture Stories podcast. In this episode, Barry Jahansetan, CFO consultant for late stage SaaS … Preparing to Take Your Late-Stage SaaS Company Public

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Procurement

Updated: Jun 1st, 2023 • 6 min read

How the Wright Brothers Went Wrong

The history of modern aviation begins on the cold and frigid morning of December 17, 1903, when the Wright Brothers made history by flying … How the Wright Brothers Went Wrong

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Procurement

Updated: Jun 1st, 2023 • 3 min read

Procurement and Logistics – The Yin and Yang of a Successful Supply Chain

Companies are often confronted with a competitive disagreement between departments and management over their relative importance and contributions that can lead to inefficiency. That’s … Procurement and Logistics – The Yin and Yang of a Successful Supply Chain

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Procurement

Updated: Jun 1st, 2023 • 4 min read

5 Metrics for Procurement Managers to Track

Ask your manager how they track their procurement metrics to gauge company performance and you’re likely to get a few different answers. Some will … 5 Metrics for Procurement Managers to Track

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Procurement

Updated: Jun 1st, 2023 • 4 min read

16 Levels of Procurement in the UK

Undeniably the procurement progress varies a great deal from project to project, requiring a great deal of patience to not only understand but to map … 16 Levels of Procurement in the UK

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Vendor management

Updated: May 30th, 2023 • 3 min read

Tips on Developing Effective Supplier Management Processes

Supplier management processes are a complex, ever-changing realm with myriad factors at play that could significantly alter the performance of an organization. Internally, it … Tips on Developing Effective Supplier Management Processes

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Compliance

Updated: May 30th, 2023 • 3 min read

4 Procurement Compliance Issues in Oil and Gas

The oil and gas sector can be a profitable industry. The sheer size of oil and gas projects – typically large-scale energy developments – … 4 Procurement Compliance Issues in Oil and Gas

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Supply chain

Updated: May 30th, 2023 • 6 min read

Supply Chains Should Add Value to Society

Supply chains should add value to society: the path to social procurement The true cost of producing and consuming energy has not been fully … Supply Chains Should Add Value to Society

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Purchasing

Updated: May 30th, 2023 • 3 min read

International Purchasing Management

The concept of international purchasing management, in my (humble!) opinion, is a bit of a misnomer. Yes, large, multinational firms (and some medium-sized ones … International Purchasing Management

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Supply chain

Updated: May 30th, 2023 • 9 min read

Supply Chain and Product Sourcing for Furniture Purchasing

Interview and insights with Nickie Morrison, purchasing manager for IFN Modern IFN Modern is a popular online furniture store that specializes in selling mid-century modern … Supply Chain and Product Sourcing for Furniture Purchasing

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Purchasing automation

Updated: May 30th, 2023 • 5 min read

5 Things to Know About Reversing Entries

Reversing entries exist to ensure you don’t have duplicate entries for your expense and revenue transactions, which are the greatest indicators of your business’ … 5 Things to Know About Reversing Entries

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Education

Updated: May 30th, 2023 • 3 min read

Here’s What John Oliver Has To Say About Charter Schools

In John Oliver’s episode on charter schools, he did what he does best — systematically deconstruct a vexed and complex issue without coming off as … Here’s What John Oliver Has To Say About Charter Schools

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