Top 5 Traits of Successful Procurement Professionals

Top 5 Traits of Successful Procurement Professionals

Top 5 Traits of Successful Procurement Professionals by Salim Khalife, Founder & CEO As procurement moves from a tactical function in the accounting department to a strategic function within the supply chain, procurement professionals’ jobs are changing too. What...

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Top 5 Ways to Reduce Unmanaged Spend

Top 5 Ways to Reduce Unmanaged Spend

Top 5 Ways to Reduce Unmanaged Spend As a procurement professional, you can deliver greater value and maximize spend savings for your organization by targeting unmanaged spend. Here are 5 ways to achieve results. by Salim Khalife, Founder & CEO Whether you call it...

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PunchOut Throws the Knockout Punch to Inefficiencies

PunchOut Throws the Knockout Punch to Inefficiencies

PunchOut Throws the Knockout Punch to Inefficiencies What it is and how it helps you save by Salim Khalife, Founder & CEO We’ve written a few blogs about how to make the procurement process more efficient, less costly, and the workflows within the process more...

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How much can you save by automating the procurement process?

How much can you save by automating the procurement process?

How much do you stand to save by automating the procurement process? Calculate your company’s ROI with eProcurement software by Salim Khalife, Founder & CEO When a department (like purchasing) isn’t directly responsible for generating revenue, it’s often less of a...

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P2P A to Z Glossary of Terminology in Procure-to-Pay Life Cycle

P2P A to Z Glossary of Terminology in Procure-to-Pay Life Cycle

P2P from A to Z Glossary of Terminology in Procure-to-Pay Life Cycle by Darcy Boerio, President of DAB Partners President There are many steps between the time you first engage with a new supplier to the time you make a payment to them for their products and services....

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5 Ways to Save in the Procurement Process

5 Ways to Save in the Procurement Process

How to avoid the pitfalls most organizations run into and learn the best ways to cut costs within your procurement process. Learn how to drive down procurement costs, improve supplier terms, take advantage of discounts and alternative pricing, and improve efficiency.

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4 Ways Cloud Procurement Builds Value and Enhances Employees’ Everyday Experience.

4 Ways Cloud Procurement Builds Value and Enhances Employees’ Everyday Experience.

Work smarter and exercise your creativity on strategic initiatives that can directly impact the company’s bottom line while eliminating manual workflows and duplicate data entry.

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Should we pay that invoice now?

Should we pay that invoice now?

What needs to be part of the invoice approval process, and why it matters. by Salim Khalife, Founder & CEO As we continue our tour through the procurement cycle, we come to a fork in the road: should we approve the invoice for payment, or not? So far, we’ve...

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The Lofty Importance of the Humble Purchase Order

The Lofty Importance of the Humble Purchase Order

Nine Benefits of the Consistent Use of POs by Salim Khalife, Founder & CEO We all know what a purchase order (PO) is, but do we understand the vital importance POs play in managing our company’s procurement process? In our continuing series covering the basic...

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Putting the Strategic in Strategic Sourcing

Putting the Strategic in Strategic Sourcing

by Salim Khalife, Founder & CEO The term strategic sourcing receives a lot of attention, and generally refers to a process of developing supply channels at the lowest total cost, not just the lowest purchase price. It is a broad and far-reaching subject, with...

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Approving the Spend – What’s the Key to a Smart & Efficient Approval Process?

Approving the Spend – What’s the Key to a Smart & Efficient Approval Process?

Approving the Spend – What’s the Key to a Smart & Efficient Approval Process? by Salim Khalife, Founder & CEO A well-designed and adequately-enforced requisition approval process is fundamental to successfully managing corporate expenditures. But...

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Your 1st Risk in the Procurement Cycle

Your 1st Risk in the Procurement Cycle

What is your 1st Risk in the Procurement Cycle? by Salim Khalife, Founder & CEO In the last post, I outlined some of the basic steps in the procurement process and identified the business risks associated with each step-with a promise to take deeper dive into each...

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Procurement Risks and Action Items

Procurement Risks and Action Items

Procurement Risks and Action Items Getting at the Basics and Identifying the Risks Involved. by Salim Khalife, Founder & CEO No longer simply a cost center, procurement has become increasingly important to companies’ overall business strategy. Smart, progressive...

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Top 10 Procurement Demo Questions – Asked and Answered

Top 10 Procurement Demo Questions – Asked and Answered

Procurement & Requisition Software – Top 10 Questions Asked and Answered! Requisition and procurement automation continues to be a priority for enterprise organizations mainly for the substantial savings, visibility and controls it provides. Today we’re...

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What’s in the cards for 2018?

What’s in the cards for 2018?

What are your 2018 Requisition Resolutions? Whether it’s going to the gym more, eating healthy, kicking a bad habit, or spending more wisely, this is the time of year when many of us reflect on our lives and identify changes we want to make in the coming year. This...

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Procurement in Hospitality

Procurement in Hospitality

No Reservations, No Problem, Procurement in Hospitality Four Ways Hospitality Industry Benefits from eProcurement by Salim Khalife, Founder & CEO Traditional hospitality companies face increasing competition from sharing economy hospitality models such as AirBnB...

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Artificial Intelligence in Procurement

Artificial Intelligence in Procurement

Artificial Intelligence in Procurement How will spend management change as a result of Artificial Intelligence (AI)? Taking a smart look at the future of procurement practices by Salim Khalife, Founder & CEO There is no area of business operations exempt from...

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3 Reasons to Include Procurement in Your Inventory Management Strategy

3 Reasons to Include Procurement in Your Inventory Management Strategy

3 Reasons to Include Procurement in Your Inventory Management Strategy The three reasons a procurement management solution should be part of your inventory management solution & strategy. by Salim Khalife, Founder & CEO Increasingly, companies are recognizing...

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Making a Case for Automation

Making a Case for Automation

Make a Case for Automation Calculating Current Procurement Costs & Potential Savings to Make a Case for Automation by Salim Khalife, Founder & CEO Making a case for automation can seem like a daunting task.  Procure-to-Pay (P2P) professionals must find...

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Spend Management Meets AP Automation

Spend Management Meets AP Automation

Spend Management Meets AP Automation Controlling spend from beginning to end As reported in an article published by Top Sage Resellers, Sage recently conducted a survey of customers that identified accounts payable (AP) automation as the most requested new...

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The Procurement and Expense Game Plan for Professional Sports

The Procurement and Expense Game Plan for Professional Sports

The Procurement & Expense Game Plan for Professional Sports Turning 5 Procurement and Expense Challenges in Professional Sports into Strong ROI and Collaboration opportunity. by Salim Khalife, Founder & CEO Football manufacturer Wilson provides each Super Bowl...

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Investing in Back Office Efficiencies

Investing in Back Office Efficiencies

Investing in Back Office Efficiencies Procurement Management – Building Value by Cutting Costs by Salim Khalife, Founder & CEO Economists and business analysts often debate whether reducing costs or increasing revenues are bigger contributors to a company’s...

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How to Manage Spend Before it Starts

How to Manage Spend Before it Starts

How Purchasing Management Software Helps Manage Spend Before it Starts Five ways to get corporate spend under control by Salim Khalife, Founder & CEO You can’t manage what you don’t measure is an old management adage that still holds true, especially when it comes...

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