The 5 Major Benefits of e-Tendering
Before implementing a procurement software, or a series of procurement technologies just because...
What is Strategic Sourcing? Your Procurement Guide
What is Strategic Sourcing? According to businessdictionary.com strategic sourcing is defined as...
Understanding Contract Lifecycle Management (CLM) in Procurement
In departments like procurement, there can often be so many concurrent activities that it’s hard...
Enhancing the RFP Process for a Stronger Supplier Relationship
The supply chain is a vital aspect to any organization in any industry. Developing a book of...
An RFI Template Your Procurement Team Can Easily Follow
We all know that in business, time is money. As a procurement professional whose job is to secure...
e-Auction Bidding in the Procurement Process
In an age where innovation is running rampant, there are constant updates to industry standards,...
Building a Strong e-Auction Strategy in 5 Steps
As procurement software and e-procurement solutions become more popular, simply using...
Purchasing and Supply Chain Management in 2020
2020 has shown itself to be a wake up call for many departments within businesses. Many were...
Sourcing vs Procurement: Covering the Pros and Cons
When it comes to securing inventory there are two main approaches that companies can take. The...
Contract Manager Responsibilities to the Procurement Team
Each team member of the procurement department is going to have a specific role in the procurement...
Using Tail Spend Management to Your Procurement Advantage
Did you know that 80% of the transactions in a typical American procurement department are tail...
Purchase Requisition Policies and Procedures Explained
There are many elements to be aware of as a procurement team. Understanding each and every step in...
What is a Source to Pay Process? Your Procurement Guide
A source to pay process, or S2P, is a more comprehensive and robust version of a procure-to-pay...
The Purchase to Pay Process Flow in Procurement
The ability to swiftly and accurately obtain necessary materials for any given business, product,...
Your 5-Step Procurement Spend Analysis Template
Conducting a spend analysis of your company spend is a crucial step in reducing cost in your...
ProcurePort Announces the Release of SpendPilot ™, Further Expanding Spend Data Analysis
ProcurePort announces the launch of SpendPilot ™, a fully automated Spend Analysis Software...
Your e-Auction Process as an Essential Step in Procurement
Originally, buyers and sellers would negotiate the price of goods and services via email or phone...
What is Procure to Pay? Your Procurement Guide
As a company engages in business, it is essential to make buying decisions – one of the...
Procurement Process Automation in Business is Projected to Be On the Rise
Procurement is essential as long as there is a need to source for goods and services. Over the...
