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How To Use Automation Software to Manage Direct and Indirect Procurement More Efficiently
Whatever the industry your company operates within, it relies on procurement to a certain extent. No company is entirely self-sufficient, and purchasing plays a key role in keeping a business running. For some companies, though, procurement is particularly important. It’s […]
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Facilitating Your Spend Management: Automation for Every Industry
Any business, large or small, has to deal with many of the same processes when it comes to spend management. This is also true for all types of businesses. On a broad scale, every industry needs to make purchases and […]
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Software Makes Managing Purchase Orders Easier for Growing Businesses
When you started your new small business, you probably didn’t invest in Procure to Pay software or automation for purchase orders. After all, how hard is it to just call your supplier or place an order online when you need […]
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Slash Costs, Lower Risk: Procurement Automation in 2023
Every company needs procurement. Being able to reliably source needed supplies (everything from printer paper to essential parts) is vital to keeping a business running smoothly. In many companies, though, procurement is a process that’s challenging to manage efficiently. As […]
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To Receive or Not To Receive: Inventory Management and Three-Way Matching
Every company needs a way to handle procurement. Whether your company is a small business ordering printer paper and ink, a manufacturer relying on the purchase of materials and parts to do business, or a multi-national corporation handling everything from […]
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Streamline Procurement with An Innovative New Feature for Processing Purchase Order Acknowledgements
Here at Next Process, we’re always on the lookout to develop new features and make our products more useful to clients who are using our software. Part of this process involves listening to requests and suggestions from current clients, which […]
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Creating A Purchase Order System For Your Small Business
If you’re running a small business, purchase orders might seem like an unnecessary step that just adds to your paperwork load. Many small businesses don’t even use purchase orders, preferring to rely on invoices from the seller to document orders. […]
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Why Is Spend Management So Important, and How Can Automation Help?
Simply put, spend management is the strategy companies use to control their spending. This strategy does not only involve purchasing and procurement, although that department plays a vital role. It can also involve collaboration between several different departments and financial […]
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How To Take Advantage Of The Surprising Benefits That Come From Aligning Procurement and Accounts Payable
Procurement and Accounts Payable should be a match made in heaven. One brings goods and services into your company and the other pays for them. They’re two halves of the same Procure-To-Pay (P2P) process. Working together just makes sense. In […]
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Quick and Painless Ways to Solve 5 Common Purchasing Problems
Is your company struggling with purchasing problems? Dealing with accidental orders, unclear policies, exceeding the budget, inventory issues, and inflexible or unreliable suppliers are not uncommon. But you don’t have to keep putting up with these issues in your company. […]
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