Procurement

Spend Visibility and It’s  Importance

Spend Visibility and It’s Importance

Do you know what your company is spending on? The fact remains that many organizations aren’t aware of their own company’s spendings. Businesses, unfortunately, don’t understand the importance of spend visibility but it actually plays a huge role in the organization. It allows businesses to know how money is being spent, and how to avoid…

Benefits of Easy-To-Use Procurement

Benefits of Easy-To-Use Procurement

The introduction of procurement into the business world has eased and simplified the process of organizations’ acquiring products and services from the best suppliers. Procurement also has the ability to get the right product at the lowest price with the right quantity, it is able to cut the company’s cost. Often organizations don’t understand the…

Spend Analysis: Understanding Your Spend Segments

Spend Analysis: Understanding Your Spend Segments

Spend analysis is key when it comes to reviewing and improving your business’ expenditure. While spend data is commonly generated into spreadsheets, the visualization of spend data is reflected in a spend analysis graph. Understanding your business’ spend analysis graph can help you identify opportunities to decrease cost while managing your company’s spend in order…

What Is e-Procurement?

What Is e-Procurement?

The extreme search for efficiency has led to the digitalization in all means.  Hence, even everyday communication has been altered due to technology. The advancement of technology has also led to the digitalization of procurement.  Communication in e-Procurement When communication is mentioned in e-Procurement it does not necessarily mean social, but rather sharing of data…

What Is Procurement and Why Does It Matter?

What Is Procurement and Why Does It Matter?

Does your company have its own procurement team? If the answer is no then they might be wasting a lot of time and resources. Procurement can be a confusing topic for many businesses. Hence, they they tend to avoid the whole concept of it, but in fact, be a great convenience to companies. So, the…

Top Procurement Time-Wasters You Need to Overcome

Top Procurement Time-Wasters You Need to Overcome

More and more businesses are looking into ways of working more efficiently. The need to discover working methods that are able to streamline everyday tasks are inherent towards any productive organization. One of the first steps towards better workplace efficiency is by having an activity log. Through jotting down the duration it takes for you…

The Ultimate Employee Onboarding Guide

The Ultimate Employee Onboarding Guide

Welcoming a new employee is more than just adding a number towards your team’s headcount. You are also acquiring a new asset that can be worthy to your team and your company’s growth. That’s why having a successful employee onboarding experience matters — it plays a role in retaining the best talent and markets your…

Do You Have Good Printing Etiquette?

Do You Have Good Printing Etiquette?

Printing is an integral part of any office. According to Office Printing Statistics, on average a worker prints about 34 pages per day. Imagine all of the ink & toner as well as A4 paper that gets used up for a day’s worth of printing. Since printing is a part and parcel of any office, it’s important to practice certain…

How to clear your year end budget in 8 ways!

How to clear your year end budget in 8 ways!

We’re in the last quarter of the business year and for some of us, we probably have some budget leftover which we can clear. The burning question is how and what you can spend that leftover budget. Now you can either go with the practical route or the more.. absurd route when it comes to clearing out…

Track Your Office Supplies: 3 Key Tips

Track Your Office Supplies: 3 Key Tips

Running an office is more than just furniture, electronic gears and employees. People often miss out office stationery. There’s a long list of office stationery when you’re setting up an office which also depends on the gears you have in the office as well as the company size. But if you’re already have a running office, keeping track of…