4 KPIs To Analyze The Efficiency of Purchase Order Process
Traditionally, procurement department was considered as a back-office function and was limited to cost savings. In today’s competitive business world,...
procurement management software
Can Autonomous Procurement Becomes a Necessity for Businesses Soon
The ongoing Covid-19 pandemic and other unprecedented events make it imperative for enterprises to future-proof their business operations to ensure...
What is The Role of Artificial Intelligence in Procurement Management?
Nowadays, Artificial Intelligence (AI) is one of the hottest topics in technology. And with the introduction of AI in procurement,...
The Reasons behind the popularity of Cloud-based Procurement Software
Procurement practice has been continuing for ages in the global market. With various new ideas, innovative processes have been adapted...
How Technology Can Streamline Inventory Management in the Pharmaceutical Industry
With the rapid changes in the business environment, companies have to supply high-quality products, deliver quick responses, and make their...
How Analytics Helps Reduce Costs and Risks in Business Procure-to-Pay Process
Most of the problems in procure-to-pay compliance arise because businesses are more focused on completing their review than on the...
The Key Differences between Direct and Indirect Procurement
Direct and indirect procurement are both crucial in business growth. Though they are different functions that require unique approaches and...
Transparency – The Key To Procurement Success
The procurement function should be performed by fair and transparent means. Procurement is easiest when the process is transparent, but...
How An Automated System Manages Major Issues In Procurement
Businesses have to face many procurement challenges in an increasingly complex environment. As the role of procurement within a business...
