Eldar Tuvey, is CEO and cofounder of Vertice, a spend optimization platform that saves companies up to 25% on their SaaS and cloud costs. The turbulence of recent years has underscored the critical ...

For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

Calvin Hennick is a freelance journalist who specializes in business and technology writing. He is a contributor to the CDW family of technology magazines. In Silicon Valley, tech execs brag about ...

A key strategy in this area is implementing a robust corporate credit card policy that balances employee purchasing autonomy with organizational control. Corporate card programs excel at managing the ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...