Learn how to modernize your procurement system to ensure business resilience through more effective processes, relationships, controls, and more.

manager checking her list of vendors
Blog Vendor Management

Vendor Risk Management Checklist

Download our easy-to-use vendor risk management checklist to better manage third-party risk and establish stronger vendor lifecycle management practices.
8 min read
Blog Purchasing Process

How Purchase Budgeting Helps Businesses Remain Resilient

It’s been said that a budget is used to tell your money where to go rather than wondering where it went. One of the most important components of a budget — and one that’s often overlooked — is establishing firm budgets for purchasing. This area of spending represents a considerable portion of company expenses, so […]
7 min read
Blog Purchasing Process

The In-Depth Guide to Better Purchase Order Processing

Organization is the antidote to purchasing chaos and budget overruns, but building an orderly procurement process doesn’t happen overnight. If your accounting department is under a constant time crunch and your stakeholders spend time following up on needed supply orders, it’s time to build a better procurement process. When it comes to improving the procurement […]
10 min read
Blog Procurement

The Quick Guide to Better Hospitality Procurement

Hospitality sector and service-based businesses are fast-paced, high-volume operations with historically tight profit margins. To succeed in a hospitality business, owners and finance teams must closely monitor the bottom line. Procurement is one of the primary areas where businesses can realize savings and optimize operations.  Today we’ll share information buyers need to know when purchasing […]
6 min read
Blog Procurement

Retail Procurement Management Guide for 2023

Procurement in the retail sector presents a complex, multifaceted challenge. On one front, retailers rely on a constant flow of competitively priced goods and just-in-time delivery options. On the other, they must provide a consistent, quality experience to customers. Thus retailers spend ample time sourcing items to delight shoppers while keeping profit margins and speedy […]
7 min read
Blog Vendor Management

The Complete Guide to Vendor Sourcing

Every procurement team has favorite vendors — the suppliers that always go the extra mile, give consistently competitive pricing, and make the purchasing process easier. Finding those vendors isn’t a matter of chance. These relationships are the result of careful selection, good communication, and continued partnership.  Looking for vendors to fulfill procurement needs can be […]
11 min read