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 purchasing card (P-card) and how does it work?
Mathew Schulz
Procurement Evangelist, Ramp
Latest
ARTICLE
What is purchase price variance (PPV) and how to calculate it
Purchase price variance is the difference between the actual price paid for goods or services & the standard price, used to measure procurement cost efficiency.
ARTICLE
What is a procurement orchestration platform?
A procurement orchestration platform connects people, systems, and data across the buying lifecycle, from intake and approvals to POs and payment.
ARTICLE
Purchase order vs. contract: Key differences
Purchase orders become binding upon vendor acceptance, while contracts are binding upon signature and cover complex arrangements with detailed legal terms.
ARTICLE
Purchasing process explained: Steps and best practices
The purchasing process turns purchase requests into approved transactions through nine steps, plus best practices to cut costs and speed approvals.
ARTICLE
How to optimize your procurement process without starting over
Learn how to optimize your procurement process by finding bottlenecks, standardizing requests, and automating the manual steps that slow your team down.
ARTICLE
Procure-to-pay vs. source-to-pay: What’s the difference?
Learn how procure-to-pay and source-to-pay differ in scope, process steps, and strategic value, and find which framework fits your procurement team.
Get fresh finance insights, bi-weekly
