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What is E-Procurement? [Quick and Simple Explanation]

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Thursday, November 29, 2018

What is E-Procurement? [Quick and Simple Explanation]

Chances are high that if you’re in business (and successful), you and your team purchase things on a regular basis to keep things running smoothly. Whether it’s office supplies, travelling to different locations, components needed to make a product, or initiating subscriptions to new online[...]
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Tuesday, October 2, 2018

Creating a Procurement Strategy: 3-Step Planning Approach

“Did I get the best value?” Individuals ask this question every time they buy something. On a personal level, buying something is as simple as swiping a credit card (or using saved payment details online). For businesses, the purchasing process is more complicated. This is why many companies[...]
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Wednesday, August 22, 2018

20 Benefits of E-Procurement Systems for Decision Makers in 2019

You’ve probably been doing some research about the benefits of different e-procurement software options available on the market - but perhaps haven’t been entirely convinced by the advantages these systems claim to offer. What’s really in it for you, and are the benefits  e-procurement systems[...]
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Tuesday, July 31, 2018

Tradogram Earns High Remarks and Industry Awards for Procurement Software

A team of expert business software reviewers recently vouched for Tradogram’s efficiency as a leading procurement software. CompareCamp, a leading online resource for meaningful product reviews, found four beneficial ways Tradogram helps businesses: fully control your procurement processes,[...]
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Wednesday, June 27, 2018

Traditional ERP vs SaaS Based Procurement

SaaS vs ERP SaaS and ERP are acronyms that are commonly found together when comparing different ways to implement an ERP system - but standalone SaaS providers are becoming a popular way to overcome common disadvantages found in ERPs. Clearing up the confusion surrounding “SaaS vs ERP” is[...]
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Thursday, June 21, 2018

How to Streamline Purchasing and Accounts Payable - 5 Simple Tips!

Looking for a way to improve your accounts payable process?   An often overlooked trick for improving the accounts payable process is streamlining the process of purchase to pay (P2P) in the company. Managing accounts payable is only a single part of the full end to end process of P2P, so it[...]
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Monday, May 14, 2018

What Does Requisition Mean in Procurement? [Example]

Defining requisitions in procurement   What does 'requisition' mean? In procurement, a requisition is made when employees or departments from within a company require additional goods or services in order to maintain their business operations.
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Thursday, April 19, 2018

The 'No PO No Pay' Policy – Meaning and How to Implement It

The purchase order (commonly abbreviated as PO) is at the heart of every company’s procurement process. The no purchase order no pay, or 'no PO no pay' policy is designed to enhance the efficiency and purpose of the PO for both buyers and suppliers. Despite many sources raising concern over the[...]
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Tuesday, March 13, 2018

Purchase Orders vs Requisitions - What's the difference?

For someone new or unfamiliar to procurement and business ordering, the terms "purchase orders" and "requisitions" (also sometimes called "purchase requisitions" or "order requisitions") can come across as a bit confusing at first. They're both terms that can signify that goods or services need[...]
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