Is Your Coworking Business Spending Efficiently?

Upon joining WeWork in 2017, Kyle’s main focus was to stabilize its finance team during the company’s period of major growth. Today, Kyle acts as the liaison between the finance and the procurement teams—identifying opportunities for cost savings and prioritizing the efficiency of WeWork’s AP and procurement processes. The problem Invoice overload: Over a million […]

Elizabeth Nowlin, Facilities Manager, is in charge of staff management, delegation, and managing supplies purchasing for office materials, decorations, facilities, and more. The problem Unscalable purchasing: Location expansions added chaos to an already messy purchasing process No standardization: Every location had different purchasing tools and needs Difficulty tracking orders: Unable to seamlessly get the right […]

Benjamin Miller-Jones, Operations Manager, manages ordering across the east coast. The problem Vendor disorder: Ordering from multiple vendors made purchasing overly complicated Difficulty budgeting: Unconsolidated ordering also presented challenges with budgeting Lack of spend visibility: Financial reports were cumbersome and delayed With 14 locations spread across four different cities, The Yard requires purchasing from ten […]

E-procurement takes the power of a robust procurement process and removes the effort of manual administration—giving back time and improving capital efficiency.