News and Content for Procurement Professionals

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The 20 Most Important Procurement KPIs to Drive Value

Not sure how to choose and set the right KPIs for your procurement organization? Here we are with some guidance as well as 20 most important procurement KPI examples that you can use in your company.

Six Tips for a Successful Renegotiation Process

Through multiple procurement projects, we have participated in hundreds of negotiation meetings with suppliers, that has provided us with valuable insight into how to ensure a successful renegotiation process. In this article, we share six practical tips on how to secure sustainable, long-term results from a renegotiation.

6 Reasons You Need A Spend Management Solution

This blog will walk you through all you need to know about spend management and why managing spend is important for companies of all sizes.

All You Need to Know About Spend Management

When running a business, you need to think about thousands of factors that can contribute to or add value to it. Among these factors, one of the most important is how you monitor and control your spending. Irrespective of the industry you are in, spend management is a process that makes sure money leaving your company is appropriately tracked and accounted for regularly.

Five Most Common Procurement Risks and How to Manage Them

Every procurement professional wants to mitigate as many procurement risks as possible, but before taking the risks head-on, you need to understand what you are up against.

Six Ironclad Tips to Organize Your Company’s Procurement

Businesses nowadays are emphasizing upon the importance of organizing procurement functions. Why? Because effective and efficient procurement can be the difference between a company’s astounding success or downfall. Most of you must be convinced or are already looking out for ways to organize procurement functions for your business. Here are our six expert tips to help you start building a modern procurement function.