Five Best Practices for Effective Vendor Management
For most companies, relationships with external vendors are integral to the successful running of the business. Vendors supply essential software, production elements, and oversee overhead and utilities. To streamline vendor...
How to Streamline Your Procurement Process
It takes good tools to drive growth. However, inefficient software purchasing creates headaches for both the budget and technical infrastructure. Companies that prioritize their tech stack keep a handle on...
What is the Difference Between Sourcing and Procurement?
Have you ever wondered what the difference between sourcing and procurement is? You’re not alone. While there are key differences between the two, there are some commonalities. Sourcing and procurement...
Indirect Procurement— What it is and How to Keep a Handle on it
As the price of goods and services continue to increase, the need to implement solid budget controls becomes even more important. Today we’ll cover indirect procurement—what it is, how to...