Procurement Software Blog

The Internet and social media have made it easy to make decisions – right from buying a new device to choosing a restaurant, online reviews can help you decide and choose. But can you really trust online reviews when it comes to choosing your suppliers or evaluating their performance?

A new study by Knoll Workforce Research states that more than 91% of employees today report doing work outside of their traditional work locations. By 2020, nearly most large organizations will offer mobile work options to their employees. What does this mean for your procurement team?

When does purchasing become procurement and when is procurement actually just purchasing?  Are the two terms not simply interchangeable?

We can begin with some standard definitions:

Purchase:  to obtain something by paying for it.

Procurement: the action of obtaining or procuring something.

Investing in a new software or technology platform is always a big decision. And, if the implementation isn't done right, it can do more harm than good. Read this post to learn how you can effectively implement new procurement technology or software, while saving on time, money and efforts.