Procurement
Simplify your purchasing process and optimize spending. Get expert insights on strategic sourcing, supplier management, and procure-to-pay best practices.
ArticleWhat is a P-card? Choosing a P-card and how it compares to business credit cards

Mathew Schulz
Procurement Evangelist, Ramp
Latest

ARTICLE
Indirect procurement: Definition, process, and examples
Indirect procurement includes goods/services that support operations but aren’t part of what you sell. It differs from direct procurement in purpose & process.

ARTICLE
How to establish a procurement governance framework in 5 steps
Learn how to build a procurement governance framework to improve compliance, streamline processes, and enhance transparency in vendor management.

ARTICLE
Procurement lead time: Definition, formula, and how to reduce it
Procurement lead time is the total time from request to receipt, including approvals, supplier preparation, shipping, and receiving.

ARTICLE
Maverick spending: What it is and how to control it
Maverick spending is purchasing outside approved procurement processes, bypassing contracts and approvals and driving higher costs, risk, and poor visibility.

ARTICLE
Material procurement: Definition, process, steps, and types
Material procurement is the end-to-end process of sourcing, negotiating, ordering, receiving, and paying for the materials and components your business needs.

ARTICLE
Supplier audit: Definition, types, and how to conduct one
A supplier audit evaluates vendors for quality, compliance, and risk. Use it to protect your supply chain and strengthen supplier relationships.
Get fresh finance insights, bi-weekly
