Procurement contract management is the kind of thing you never really think about until something goes wrong. At the center of every successful procurement transaction lies a contract. These are legally binding agreements that serve as the cornerstone of buyer-seller...
Every company, big or small, relies on a wide range of physical products to keep the operations running. Yet, not all of these acquisitions make it to the forefront of their products or services. That’s where indirect procurement steps in. But what exactly is...
The rate of contract renewals is rapidly declining, with Gartner predicting that by 2025, 60% of finance and accounting outsourcing contracts won’t be renewed due to outdated pricing models hindering digitization and process improvement. This necessitates a...
With this blog post, we aim to assist those seeking to enhance their processes with customizable contract management software. We’re giving you first-hand insights on what to look for and how to find the right solution for your team’s specific needs. When it...
The administrative and support roles in your organization’s back office serve as the backbone of your organization. Back-office staff ensures smooth operations, and in return, they require your support. One way to do this is by making their job easier by introducing...
The past few years’ events have driven the world into a state of economic uncertainty, impacting many organizations across the globe. These businesses are finding themselves confronted with serious financial constraints, forcing them to undertake a comprehensive...