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Cloud Procurement: All You Need to Know

Precoro

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? Let's start with a quick definition of cloud computing. Three Categories of Cloud Procurement.

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Types of Procurement Reports: Definition & Benefits

SCMDOJO

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

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Cascading KPIs To Drive Business Performance

Silvon Software

For additional KPI concepts and best practices, we welcome you to download Silvon’s Definitive Guide to KPIs. For additional concepts and best practices related to KPIs, feel free download Silvon’s Definitive Guide to KPIs.

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Invoice Automation: How It Works

Precoro

One thing is for sure from these facts, dealing with invoices can be pretty frustrating, and you're definitely not alone in your struggle. Invoice automation software eliminates manual intervention, except in those special cases where a human touch is required, greatly reducing the burden on accounts payable and finance teams.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

Fewer users of the software diminish its ability to reduce fraud, increase trust, speed international shipments, and save money, says APPSeCONNECT. Download Here. If every company develops an in-house solution, it will be no better than the traditional means of tracking shipment data. Consider OTS available blockchain solutions.

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7 Ways to Reduce Manufacturing Costs Without Sacrificing Quality

OptiProERP

The manufacturing cost is the sum cost of all resources used in procuring raw materials and converting those raw materials into finished products. The different components of the manufacturing cost include: Direct material costs – purchase cost and expense to bring the raw material from the supplier to the manufacturing plant.

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What on Earth is “Autonomous Procurement,” Anyway?

Jaggaer

With hot new buzzwords coming and going year after year, it’s hard to blame any procurement professionals who are becoming disillusioned. One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. What is autonomous procurement?