Why supply chain finance is important Few people give supply chain finance much thought and when they do it’s probably not any deeper than … 3 Things Every Supply Chain Finance Manager Should Know
“Logistics must be simple—everyone thinks they’re an expert.”— Anonymous. Can corporate logistics be simple? What do the pyramids of Egypt, Alexander the Great and supermarkets … What Exactly are Corporate Logistics?
The only constant in the business world is change, and we always need to be ready to adapt to it. In the procurement industry, … 8 Easy Ways to Start Building a Procurement Strategy
Chances are, your company wants to be more environmentally conscious, both because the public expects it and you want to behave ethically and responsibly. … 6 Simple Ways To Reduce Paper Consumption In Your Office
Excel Public Charter School is a fast-growing charter school located just outside of Seattle, a bustling metropolis in the Pacific Northwest. The school’s mission … Excel Public Charter School: Building a Dependable Purchasing Process
Accounts Payable Errors Are Common Despite every safeguard and precaution, everyone makes accounting mistakes. Fortunately, there are many ways to cut down on errors, … 5 Easy Ways to Reduce Accounts Payable Errors
Cyber Security in SMEs While most companies are slowly becoming aware of the need for cyber security, this is typically viewed as an ‘in … Cyber Security in SMEs a potential hurdle for procurement
Adopting Strategic Procurement Principles The budget announcement of the National Living Wage will see workers aged over 25 in the UK paid a minimum … Adopting strategic procurement principles to fund a living wage
Reversing entries exist to ensure you don’t have duplicate entries for your expense and revenue transactions, which are the greatest indicators of your business’ … 5 Things to Know About Reversing Entries
One of the best ways for personnel in accounts payable to verify a payment is with a three-way matching (3-way matching) system. Three-way refers … What is Three Way Matching and Why is it Important for Your Accounts Payable Team?
Purchase orders are very much like clothing: one size does not fit all. But whether a company is a small startup, a mid-size enterprise … How Purchase Orders Work for Companies of All Sizes
Think of your budget as a flight plan for your company. A properly completed budget will go a long way towards ensuring a smooth … Worst Case Scenario: What Happens When Your Budgeting Goes Wrong?