In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we go over the second of the five ways: Spending without approval — manifesting itself as the “maverick spender.” How this overspend begins In every company, there are always
Spending Money Without Approval: The Maverick Spender Read More »
In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we examine how your company can avoid overspending by building and improving your relationships with vendors and suppliers. How your vendor relationships affect overspending It’s easy to think that
Building and Improving Vendor Relationships to Avoid Overspending Read More »
Is your company doing everything possible to control costs? Knowing the culprits of overspending will help to reveal any further measures that could be done to stop it. Continue reading to discover 6 possible ways your company might be a victim of too much spending.
Five Ways Your Company Might Be Overspending Read More »
In our article “Five Ways Your Company Might Be Overspending,” we introduced our five-part series on identifying and ending overspending. In this article of the series, we examine how a lack of knowledge about duplicate payments—due to a lack of visibility—can cause your company to overspend. How a lack of knowledge can cause overspending Overspending
Duplicate Payments: What You Don’t Know Can Hurt Your Business Read More »
When it comes to the use of purchasing cards, there’s the incorrect, there’s the inappropriate—and then there’s the insane. Uncle Ben’s famous quote “with great power comes great responsibility” applies to more than just fighting the Green Goblin, after all. By issuing your cardholders a P-Card, you’re trusting them not to abuse it. Importantly though,
The Weird, Wild, and Wacky World of P-Card Usage Read More »
Just as businesses and corporations of all types and sizes have taken advantage of the benefits and conveniences of purchasing card (P-Card) programs, so have higher education institutions. Some of the challenges and concerns of universities and colleges are identical to those of the business sector — but some are unique to higher education. Communicating
The Challenges of Higher Education P-Card Programs Read More »
