Procurement

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A shared concern for both Finance and Procurement is managing cost and increasing savings captured. Though both departments are striving to achieve this common goal, they

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The dizzying rate of change in Procure-to-Pay is enough to overwhelm most finance professionals. Yet innovations in technology promise to cause even greater disruption in 2017. Procure-to-Pay

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Purchase orders are one of AP's best defenses against noncompliant spending. POs help organizations ensure that those who make purchases on the company's behalf are adhering to established policies.

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This month's Question of the Month was posed by Linda Rustemis, APM, Senior Manager, Accounts Payable at the National Marrow Donor Program® (NMDP) and Be The Match. She asks: “I would like to… Read More

Volatile and rising commodity, supply chain, and energy costs constitute a major risk of doing business in today’s economy. Since procured costs typically constitute between 25 percent and 60

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Using purchase orders is generally a good business practice and provides several of the following

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This template provides a worksheet to accumulate vendor RFP data and rank results. Microsoft Excel

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This template provides an example of an AP Purchasing Policy. Microsoft Word

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