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Two procurement tools can look pretty similar on a feature page, but that doesn’t mean they’ll work the same way for your team. One might handle purchase requests, approvals, purchase orders, and budgets well. Another might come with sourcing, contract management, supplier tools, and dozens of other features you may never need. Pricing can make the comparison even harder. A low monthly rate doesn’t tell you much if the features you need sit behind a higher plan, extra modules

Procurement used to mean one thing: getting purchase orders out the door. That's not the whole job anymore. A recent PwC survey found that chief procurement officers (CPOs) now spend just as much time managing data, digitizing contracts, and staying ahead of risk as they do handling day-to-day purchasing. That's a lot to juggle, and it creates a particular headache for mid-sized companies. Purchasing might touch several departments, locations, budgets, and business systems, b

Buying for a college or university rarely looks like buying for a typical business. A single purchase might touch a research grant, a facilities budget, and three separate approval chains before it's done. Many schools are still trying to manage all of that through email, spreadsheets, and disconnected systems, and it can seriously impact your procurement. In fact, institutions that modernize their sourcing and procurement can cut costs by 15% to 25%, according to an E&I gui

External spending typically accounts for 50% to 80% of a company's cost base, yet many businesses still manage purchasing through email threads, spreadsheets, and disconnected documents. The costs aren't always easy to spot, either. Employees lose time chasing approvals, finance gets invoices that don't match any purchase orders, and managers only find out about a budget problem after the money's already been spent. This guide answers a practical question: how can procurement

Some of the top-performing procurement organizations now spend almost a quarter of their budgets on technology, according to Deloitte. But a larger software budget doesn’t always make purchasing simpler. A platform can have an impressive list of functions and still leave people chasing approvals, re-entering order details, or checking budgets in a separate spreadsheet. That’s why it helps to understand the top features to look for in purchasing automation tools before compari

Government grants have been and continue to be an important part of funding healthcare and other research and development in the US. There are many benefits to receiving government grant funding, but accepting funds comes with responsibilities. We recently had the chance to speak with Kinman Tong, principal at Baker Tilly , to discuss the current landscape of federal grant funding and what recipients need to know. “There are a lot of changes happening in the federal grant sp