Procurement

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

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Blog Procurement

What Is Healthcare Procurement Strategy and Why Is It Important?

When buying medical supplies and equipment, many healthcare providers rely on standard means of consolidated buying. Methods like group purchasing organizations (GPOs) and volume buying agreements may save a little money, but they often leave total value considerations and sourcing flexibility on the table. Software solutions in healthcare procurement make it easier for buyers to […]
8 min read
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Blog Procurement

10 Healthcare Procurement Solutions for Challenges Facing Teams in 2023

For decades, healthcare providers like clinics and hospitals have struggled with ineffective and expensive procurement barriers that can drive up patient costs and affect healthcare outcomes. Healthcare procurement faces specific challenges that, until recently, have been almost universally answered by group purchasing organizations (GPOs).  These purchasing programs offer some benefits in cost savings, contract management, […]
9 min read
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Blog Purchasing Process

Purchase Order Template Download

A purchase order template creates a repeatable, reliable process for processing and tracking your company orders. Take advantage of our easy PO template here.
8 min read
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Blog Procurement

The Complete Guide to Category Management

In the current climate of supply chain management challenges and inflation impacts, procurement professionals are seeking ways to enhance cost savings, maximize profitability, and create value for their organizations. In times like these, the per-pen cost analysis approach isn’t going to get the job done fast enough.  Organizations looking for strong performance despite uncertainty rely […]
9 min read
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Blog Purchasing Process

Group Purchasing Organizations: What They Are & Why They Aren't Enough

Many small businesses pay retail rates for office supplies and materials simply because they don’t have the large-scale buying power or sufficient negotiating skills to cement better rates. But as businesses grow, the expense of retail pricing puts increased pressure on working capital. Businesses must look for ways to optimize cash flow and get ahead […]
8 min read
7 Benefits to Building a Solid Procurement Strategy & How To Do It [2023]
Blog Procurement

7 Benefits to Building a Solid Procurement Strategy & How To Do It [2023]

Procurement professionals are always looking for ways to add value and reduce the cost of procurement. As one of the largest areas of spend for most companies, keeping indirect procurement spending within budget while obtaining high-quality and reliable service from vendors is a high priority.  As a result, procurement teams developed various methods to help […]
9 min read