procurement

Showing appreciation among employees during National Procurement Month

How to Show Your Appreciation During National Procurement Month

National Procurement Month is celebrated throughout the month of March and is dedicated to honoring purchasing professionals. This is a great time to show your appreciation for the dedication of your procurement team and all the hard work they do throughout the year. There are several ways to prepare for National Procurement Month, but this

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outsourcing spend analysis in procurement

Outsourcing Spend Analysis in Procurement When Resources are Limited

In today’s fast-paced business environment, where most procurement leaders strive to stay ahead of the curve, it’s important to have a system in place that can track and report on spend data effectively. The need for outsourcing spend analysis in procurement is even greater when management aims to reduce costs and improve process efficiencies, while

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Challenges of Monitoring Expenses When Cardholders Circumvent Transaction Limits 

For procurement and finance professionals, monitoring expenses is a critical component of managing budgets. Unfortunately, cardholders can sometimes circumvent transaction limits using several split-transaction strategies. In this blog post, we will discuss the challenges associated with monitoring expenses when cardholders attempt to circumvent transaction limits, violate policy by doing so, and how to best manage

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Green Flags: Communicating Positive Purchasing Behavior to Increase Visibility and Confidence

Communicating positive purchasing behavior to employees who purchase goods and services for the organization often remains overlooked by approving managers or the central review team. Focused on red flags with potential for fraud or misuse, communicating the risky behavior takes priority. A follow-up by managers of these risks takes precedence to help reduce or stop

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Meet Procurement Professionals at the Upcoming NAEP Great Plains Regional Conference!

During November, procurement professionals across higher education institutions will gather for networking and educational insights on the latest procurement challenges. For procurement professionals interested in compliance, cost efficiencies, and other expense solutions to the latest procurement challenges, stop by our booth at the conference to learn more! Find out how to register for this wonderful

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