Automation Can Make Your P-Card Program, Paper-Free
This blog first appeared on the Corcentric blog. Instituting a P-Card program doesn’t eliminate paper…unless you integrate it with an AP automation solution. P-Cards have proven tremendously popular...
View ArticleThe Real Cost of Dynamic Discounting…and the Viable Alternative
This article originally appeared on the Corcentric blog. Dynamic discounting may be what everyone is talking about, but consider what the costs are, in time and labor, to capture those discounts. There...
View Article5 Major Benefits of Price Validation for Indirect Spend
Knowing that you’re paying the contracted price for indirect purchases negates the need to ‘over-touch’ invoices. When making capital purchases, chances are that there are significant controls in...
View Article4 Key Procurement Trends for 2016
Globalization and technology have changed the face of business, especially when it comes to the supply chain. Late last year, Procurement Leaders, published a 3-part series on technology trends for...
View ArticleDon’t Make Indirect Spend the Procurement “Stepchild”
If procurement isn’t in complete control of your indirect spend, you may be leaving a lot of “cash on the table.” See how to get the visibility you need.This article first appeared on the Corcentric...
View Article6 Reasons Why It’s So Hard to Control Indirect Spend
There are a number of issues that affect the ability of companies to gain control over their indirect spend, according to a 2016 PayStream Advisors report. But automating P2P processes can help address...
View Article3 Big Benefits P2P Automation Provides for Indirect Spend Management
P2P automation does a lot more than just speed up processes when it comes to one of the most-difficult-to-manage spend categories, indirect spend. There are so many controls in procurement and accounts...
View ArticleIndirect Procurement: Are You Leaving Thousands of Dollars on the Table?
If you wonder where your indirect spend is going, simply check your desk. This blog first appeared on the Corcentric website. Pens, paper, notebooks, laptops: for most, the existence of these items...
View Article3 Ways GPOs Can Help Get Control Over Ad Hoc Indirect Spend
When more than half of procurement professionals say that they spend a disproportionate amount of time and resources managing maverick spend and suppliers,1 it is time to rethink your procurement...
View ArticleProcurement Should Utilize Data to Buy Smarter
Tracking your own data will supply the information to buy what your business actually needs, when it needs it, and at the right terms. As I’ve discussed in the past, when it comes to capital equipment...
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