Finance

Automation and digital administration of the procurement process is advancing quickly. As technology advances, it is easier for businesses to see real-time pricing data and, as a result, gain more control over their spend management.  In fact, with the right strategy, your business could automate nearly half of the procurement process tasks currently bogging your […]

If your company's balance sheet is not portraying an accurate picture, you're shooting in the dark. Your finance team can't turn insights into action if the big picture is incomplete.

Instead of focusing on how sourcing and procurement differ, you need to understand how they should be used in tandem to maximize each other's benefits.

Finance and operations professionals should understand the difference between procurement and purchasing to increase their company profits.

Make the vendor selection process an ongoing feedback loop based on cost and value.

NASA’s risk mitigation matrix can help your business improve its vendor management policy and make smarter decisions about who or who not to work with.