AP-Now.com sponsors the annual AP Appreciation Week in October. This year, it will take place October 7-11, 2024. To learn more about AP Appreciation Week, and to access resources put together by AP Now, check out the page they’ve put together for the occasion. Here at Card Integrity, we want to give Accounts Payable their
Appreciating AP: Hardworking Heroes of Finance Read More »
If you’ve spent any amount of time in purchasing, procurement, sourcing, or finance, you’re likely to be well acquainted with rebates. And even if not, most everyone who has ever owned a credit card is familiar with the concept. A rebate is an incentive that credit card providers offer, usually in the form of a
Maximizing Rebates: Don’t Spend More, Spend Wisely Read More »
The split transaction is one of the most common recurring instances of non-compliance that finance, auditing, and procurement professionals run into. A split transaction itself is relatively easy to define: it’s essentially when a transaction is “split up” into 2+ transactions with the intent of getting around a corporate credit card transaction authorization limit. There
Understanding Split Transaction Types Read More »
In the realms of supply chain and procurement, it has been well established that measuring supplier diversity is an incredibly important, and impactful, part of the process for any organization. According to Harvard Business Review, a diverse supplier is “a business that is at least 51% owned and operated by an individual or group that
How Procurement Professionals Can Measure Supplier Diversity Read More »
By this point, you’ve heard all about artificial intelligence. In more ways than one, it’s inescapable. Not only is it supposedly going to usher in a “new era” in procurement and beyond, but coverage and discussion of it is everywhere. A few times over the course of our lives, we will be around for something
Making Sense of the “New Era” of AI in Procurement Read More »
There is no secret that among procurement departments, no matter the industry—whether that be higher education, large corporations, more mid-size businesses, healthcare, non-profits, and more—staffing issues are a recurring problem. We have talked extensively about the issue in the past. And when staffing issues are present, “procurement burnout” becomes a serious matter. Procurement burnout There
“Hire Staff, Cut Corners, or Fall Behind”: Why There Can Be a Fourth Option Read More »
