Your 5-Step Procurement Spend Analysis Template
Conducting a spend analysis of your company spend is a crucial step in reducing cost in your...
The Procurement Process As an Effective System
The procurement process is a critical aspect that every delivery-based business should prioritize....
Supplier Performance Can Directly Relate to Company Success
No matter what business your company engages in, maintaining suitable suppliers is key to success....
3 Contract Management Security Risks to Prioritize
We all know that the procurement business can be tough, and one of the toughest parts of it is...
The Purchase Requisition and Purchase Order Process in Procurement
Chances are your organization, no matter its size, uses a purchase requisition and purchase order...
Barriers to digital procurement: What is stopping companies from doing just the basics?
Let’s look at the size of companies that are digitally transforming and those that aren’t — and...
Making a Case for ProcurePort
We are in a very different and exciting time in the procurement industry. Unlike year’s past,...
What is e-Procurement? Your Procurement Guide
Procuring supplies is one of the most vital functions in business. Finding the right suppliers...
Procurement Automation and Why Looking Beyond the Technology is the Key to Success
ProcurePort invited Procurement Insights industry thought-leader Jon Hansen to share his thoughts...
RFQ Software As A Stepping Stone To Procurement Automation
The RFQ process is an incredibly important part of the procurement process. Without it, businesses...
Indirect Procurement Can Help Overcome Team Challenges
Procurement takes an array of different forms, and each form has a distinct impact on the...
5 Procure to Pay Risks Procurement Teams Could Miss
Procure to pay has to do with getting goods and supplies from suppliers or manufacturers and...
The Key Difference Between Reverse Auction and Bidding
Reverse auctions can bring huge success to your business if they are executed correctly with a...
3 Best RFP Automation Software Tips
There are a number of ways in which you can optimize your request for proposal (RFP) experience....
7 Purchase Requisition Best Practices For Effective Procurement
Purchase requisition best practices give you a complete insight into how procurement processes cut...
Poor Indirect Spend Analysis Consequences to Avoid
What is Indirect Spend Analysis? Spend on goods and services that are outside the manufacturing...
Types of Reverse Auction Procurement Teams Should Be Familiar With
The procurement sector can be challenging, confusing, and bewildering given the rapid and...
Procurement Developments to Look For in 2020
2019 has brought us many interesting developments in procurement. However, 2020 is already showing...
Paying Attention to Tail-End Spend Management
20% of a company’s spend that goes unmanaged is what is referred to as tail-end spend. This...
