P-Card Fraud, Misuse, and Abuse: What’s the Difference?
While fraud, misuse, and abuse all convey an incorrect usage of P-Cards, they are not the same.
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Tips and Tricks to Increase Commercial Card Rebates
Tips and Tricks to Increase Commercial Card Rebates Date: July 31, 2024 Time: 10:00 AM CST Duration: 1 Hour Description: Maximizing rebates for your organization isn’t about spending more, it’s about spending wisely. Join us as we discuss some of the ways you can increase rebates that aren’t immediately obvious. We’ll also discuss how to
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How Procurement Professionals Can Measure Supplier Diversity
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
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Making Sense of the “New Era” of AI in Procurement
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
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“Hire Staff, Cut Corners, or Fall Behind”: Why There Can Be a Fourth Option
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
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Adhering to Company Spend Limits to Stop Overspending
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 first of the five ways: Ignoring spend limits. How this overspend begins On the surface, it might seem obvious — your company is overspending by
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