Pratima·Apr 12, 2023What is spend management?Spend management has become increasingly important for businesses today as it enables them to control costs, improve procurement processes…
Microsys Inc.·Aug 12, 20215 Things to Consider When Choosing a Strategic SupplierReviewing a pool of suppliers and shortlisting them for strategic partnerships is one of the most significant decisions by any supply chain…
Microsys Inc.·Aug 5, 2021Procurement Management 101: Local vs. Global SourcingAn enterprise needing a product or service can either go with local or global sourcing. Since both terms are pretty self-explanatory, we…
Microsys Inc.·Jun 22, 2021Driving Down Supply Chain Costs: A Brief Guide (Part 2)A business doesn’t just grow by increasing its profits. It also progresses and stands out by reducing its expenses. A supply chain is one…
Microsys Inc.·Jun 18, 2021Driving Down Supply Chain Costs: A Brief Guide (Part 1)A business doesn’t just grow by increasing its profits. It also progresses and stands out by reducing its expenses. A supply chain is one…
Microsys Inc.·May 7, 2021Spend Management 101: Invoice-to-Pay (I2P)Invoice-to-Pay (I2P) is a sub-component of a procurement process that particularly focuses on the streamlined management of the payments…
Microsys Inc.·Apr 9, 2021Five Procurement Challenges and How to Deal with Them Right NowAt the onset, procurement looks like a pretty straightforward job, i.e., source the required items and ingredients from a vendor. However…
GoProcure·Apr 6, 20215 Ways to Improve Spend Management Without a Procurement DepartmentFor midsize companies without a procurement department, spend management may be somewhat of an afterthought. Understandably, these…
Penny Software·Feb 23, 2021Go for gold: World-beating digital sourcingEach stage of the digital sourcing process requires efficiency, speed and smart decisions. Creating the perfect user journey is like a…
Spend Management System·Nov 23, 2016One solution for all of spend — the spend management software platformThe multiple aspects of spend make it complicated to manage. Here’s the spend management software platform, the single solution you need to…