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5 Mistakes Business Owners Make When Managing Expenses
Written by: Jeannette Montroy We all know how we should be managing expenses, but sometimes our good intentions are forgotten in the busyness of, well, business. It’s easy to put a receipt aside and...
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Is the Currency Roller Coaster Giving you Whiplash?
Written by: Christine Galer How many suppliers have approached you for price increases because of the massive currency fluctuations? While there may be a legitimate issue momentarily for some, it would...
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Employee Expense Tracking Tips & Tricks
Written by: Jeannette Montroy Employee expenses often fall into an area of finance that can escape us. Tracking them can be tedious and denying employee expense claims can lead to anger and...
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8 Ways to Stay On Top of Your Marketing Spend
Written by: Jeannette Montroy When it comes to marketing spend, most companies probably wish that the sky was the limit. After all, there are millions of ways to market your company, and all of them...
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Important Legal Issues Procurement Managers Need To Know About
Written by: Jeannette Montroy You’re a savvy procurement manager, just living life procuring things. But did you know that Canada has a history of lawsuits whose precedents govern how you currently...
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Webinar Recording: How to Implement Savings Solutions That Last
Written by: Jeannette Montroy As part of Procurify‘s efforts to help make sense of all things related to purchasing and procurement, we’ve launched a new webinar series. The first in the series, “How...
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5 Ways Technology Helps Business Budgets
Written by: Jeannette Montroy Sometimes it seems technology is touted as a universal hero: it can help you lose weight, find your perfect mate and even organize your life for you. Technology may or may...
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Maverick Spending: A Fatal Virus And How To Cure It
Written by: Sergio Giordano The access and availability of real-time data has immense value for businesses. Particularly across their supply chain, knowing where the “good buy” can be found is as...
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Why does a procurement skills gap exist?
Written by: Natasha Levanti The Hidden Inefficiencies In Procurement There are a myriad of reasons why inefficiencies can occur in procurement, including supply chain fragmentation, clarity of...
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8 Tips for Marketing Departments to Effectively Manage their Spend
Written by: Nick Rojas The marketing department is a place where, more often than not, major results are expected from modest means. Not every company has the budget that the marketing team at Coca...
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3 Ways to Embrace Today’s Procurement Best Practices
Written by: Jessie Lehail When assessing your company’s financial performance, you likely look at your revenue streams or consider the bottom line. However, in today’s competitive and unpredictable...
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How to Encourage Your Team to Work Smarter, Not Harder
Written by: Jessie Lehail Being a manager might be a goal many of us aspire to, but with such a title comes the significant responsibility of running a department. If your division isn’t achieving...
View ArticleHow procurement can help your company party like it’s 1999 – VentureBeat
Written by: Brittany Whitmore How procurement can help your company party like it’s 1999 By: Matt Holzapfel A comprehensive study done by AT Kearney in late 2014 showed that 75 percent of procurement...
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10 Reasons to Automate Your Accounts Payable Processes
Written by: Kenneth Loi Haven’t automated your accounts payable and the rest of your financial accounting systems from manual processes? You might be worried about making the big jump. After all, the...
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Why Purchase Orders are the Most Important Thing for Your Company
Written by: Aman Mann Get your executives, department heads or managers together and ask them what type of document a company needs first and foremost. While there may be varying opinions, everyone...
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What is Three Way Matching and Why is it Important for Your AP Team?
Written by: Brittany Whitmore One of the best ways for personnel in accounts payable to verify a payment is with a three-way matching system. This system involves matching an invoice received from a...
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5 Things to Know About Reversing Entries
Written by: Kenneth Loi Reversing entries exist to ensure you don’t have duplicate entries for your expense and revenue transactions, which are the greatest indicators of your business’ financial...
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6 Simple Ways To Reduce Paper Consumption In Your Office
Written by: Michael Fournier Reduce Paper Consumption It’s safe to say that the paperless movement isn’t going anywhere anytime soon. Chances are, your company wants to be more environmentally...
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What Exactly are Corporate Logistics?
Written by: Michael Fournier Image Credit: Geralt “Logistics must be simple—everyone thinks they’re an expert.”—Anonymous. Can corporate logistics be simple? What do the pyramids of Egypt, Alexander...
View ArticleThe Business Systems Challenge Facing SMEs
Written by: Procurement Sense Magazine Business Systems Challenges Facing SMEs By Robert O’Carroll Download the full article and more in our Procurement Sense Magazine. Late on a recent Friday...
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