RESOURCE LIBRARYHere’s what you need to know.Regardless of your role, we have the information you need to finesse your procurement strategy and make the most out of your purchasing department.Check out Case Studies Visit Our Support Center Procurement ManagementArticlesInvoices ArticlesProcurementProcurement Management 7 Tips for Procurement Cost Savings 27 March 2023Procurement cost savings is a crucial aspect of any business operation as it helps reduce expenses and increase profitability. Efficient procurement practices can significantly impact the bottom line of a business by reducing the cost of goods and services. To... ArticlesProcurement Management 8 Barriers to Procure-to-Pay (P2P) Automation 22 February 2023Procure-to-pay (P2P) automation is the use of technology to streamline and optimize the procurement process – from purchase order creation to vendor payment and everything in between. When your company has implemented a software that supports P2P automation, you will... ArticlesB2B PurchasingProcurementProcurement Management What is Procure-to-Pay (P2P)? 19 January 2023In simple terms, procure-to-pay (P2P) encompasses the entire journey from requisition to invoicing and everything in between including purchasing, receiving, paying and more. Just as the name suggests, the procure-to-pay cycle process begins with procuring the goods or services to... ArticlesB2B PurchasingProcurementProcurement ManagementPurchase Manager Professional Development 7 Common Procurement Challenges all Purchasing Managers face (and how to solve them) 14 October 2022A purchasing manager (PM) is also called a procurement manager. The role of a purchasing manager is seldom taken seriously i.e. it is not given the importance it deserves. This, unfortunately, is a mistake which can cost an organization heavily. ... ArticlesB2B PurchasingBuilding Supplier RelationshipsProcurement ManagementPurchase Orders A Quick Guide to Purchase Order (PO) Terms and Conditions 11 October 2022A procurement process is incomplete without purchase orders (POs). They are crucial for the success of any business. A purchase order is a legal document created by a buyer and sent to the seller for purchase of goods or services.... ArticlesB2B PurchasingProcurement ManagementPurchase Manager Professional Development 11 Procurement KPIs all Purchasing Departments Must Closely Monitor [Infographgic] 10 October 2022Responsible for roughly 40% of a company’s external spending, purchasing departments carry a lot of responsibilities and by extension, risks. Further, since much of their performance & productivity relies heavily on external factors like supply chain constraints, vendor availability etc.,... ArticlesB2B PurchasingProcurement ManagementPunchOuts Punchout Catalog: What it is and Why Do You Need a Punchout System? 7 October 2022The importance of eProcurement is widely known, yet most companies struggle to efficiently implement it due to several bottlenecks on various levels. Lately, after knowing the benefits of implementing digital procurement process, companies have started to deploy a digital purchasing... Procurement Management Strategies to Increase Procurement Savings 13 August 2019Business owners like you are always trying to find ways to save money while still effectively and efficiently managing their business. What many business owners don’t know is that savings can be found in the procurement process. By refining your... ProcurementProcurement Management Transforming Your Procurement System with Business Intelligence 29 July 2019Business intelligence (BI) is all about data that can be used to improve business functions. One is the procurement functions, which is integral part of corporate performance. Procurement can be a complicated process, but business owners must be able to... ProcurementProcurement Management How to Build a Strategic Procurement System 22 July 2019The procurement process can be complicated, which is why many businesses are still using spreadsheets and manual processes to control and manage their purchasing. Strategic procurement spans across all different departments of an organization. A successful procurement process is crucial... Automated purchasing processIncreasing profitabilityProcurementProcurement Management Acquisitions Tips for Start Ups and Entrepreneurs 15 January 2016There are a variety of reasons why a company may make an acquisition. If a company is growing quickly, one of the most compelling reasons to make an acquisition is it can accelerate growth. Whether it’s talent or innovations, an... Automated purchasing processProcurementProcurement ManagementPurchase Manager Professional DevelopmentPurchase SystemPurchasing Manager SoftwarePurchasing Software What Traits Do the Best Procurement Professionals Have? 14 January 2016As the role of procurement continues to increase in scope and importance across organizations, more people are looking at exactly what makes great procurement professionals. While there was a time when procurement was an afterthought for many organizations, its increased... 1 2 ArticlesPurchasing Software How to Pick the Right Purchase Order Software 29 March 2023Why do I need Purchase Order Software? It is essential that you pick the right purchasing software to simplify and streamline your workflow saving you both time and money. As your business grows and your procurement needs become more complex,... ArticlesProcurementProcurement Management 7 Tips for Procurement Cost Savings 27 March 2023Procurement cost savings is a crucial aspect of any business operation as it helps reduce expenses and increase profitability. Efficient procurement practices can significantly impact the bottom line of a business by reducing the cost of goods and services. To... ArticlesPurchase OrdersPurchasing Software How to Control Spending Using Purchase Order Processing Software 27 March 2023Controlling spending is a critical aspect of managing any business, and it can be particularly challenging to keep spending in check when purchasing goods and services. One way to manage spending in this area is to implement purchase order processing... ArticlesPurchase Orders Purchase Order vs. Invoice: And Why You Need Both 15 March 2023For any organization, purchase orders (POs) and invoices are two critical documents that serve different purposes. While purchase orders are used to initiate and manage orders with suppliers, invoices are used to request payment for goods or services provided. Businesses... ArticlesProcurement Management 8 Barriers to Procure-to-Pay (P2P) Automation 22 February 2023Procure-to-pay (P2P) automation is the use of technology to streamline and optimize the procurement process – from purchase order creation to vendor payment and everything in between. When your company has implemented a software that supports P2P automation, you will... ArticlesB2B PurchasingProcurementProcurement Management What is Procure-to-Pay (P2P)? 19 January 2023In simple terms, procure-to-pay (P2P) encompasses the entire journey from requisition to invoicing and everything in between including purchasing, receiving, paying and more. Just as the name suggests, the procure-to-pay cycle process begins with procuring the goods or services to... ArticlesB2B PurchasingProcurementProcurement ManagementPurchase Manager Professional Development 7 Common Procurement Challenges all Purchasing Managers face (and how to solve them) 14 October 2022A purchasing manager (PM) is also called a procurement manager. The role of a purchasing manager is seldom taken seriously i.e. it is not given the importance it deserves. This, unfortunately, is a mistake which can cost an organization heavily. ... ArticlesB2B PurchasingBuilding Supplier RelationshipsProcurement ManagementPurchase Orders A Quick Guide to Purchase Order (PO) Terms and Conditions 11 October 2022A procurement process is incomplete without purchase orders (POs). They are crucial for the success of any business. A purchase order is a legal document created by a buyer and sent to the seller for purchase of goods or services.... ArticlesB2B PurchasingProcurement ManagementPurchase Manager Professional Development 11 Procurement KPIs all Purchasing Departments Must Closely Monitor [Infographgic] 10 October 2022Responsible for roughly 40% of a company’s external spending, purchasing departments carry a lot of responsibilities and by extension, risks. Further, since much of their performance & productivity relies heavily on external factors like supply chain constraints, vendor availability etc.,... ArticlesB2B PurchasingProcurement ManagementPunchOuts Punchout Catalog: What it is and Why Do You Need a Punchout System? 7 October 2022The importance of eProcurement is widely known, yet most companies struggle to efficiently implement it due to several bottlenecks on various levels. Lately, after knowing the benefits of implementing digital procurement process, companies have started to deploy a digital purchasing... ArticlesB2B PurchasingProcurement Approval Process 8 Features Your Purchasing Software Must Have 6 October 2022In recent times, implementing a digital procurement solution is widely considered by many organizations and for a good reason. The changing times call for immediate and effective measures in the supply chain and procurement industry. The global pandemic highlighted the... ArticlesB2B PurchasingProcurement Approval Process How to Build an Effective Spend Management Policy for your Company 9 June 2022The long-term success of your business depends on a variety of factors that contribute to the financial health and competitive strength of your company. Managing the financial health of an organization is crucial to achieving profitability. Managing the money flowing... 1 2 Automated purchasing processIncreasing profitabilityInvoicesProcurement ManagementPurchase ManagementPurchasing Manager SoftwarePurchasing Software What’s the Best Way to Approach Contract Management? 14 January 2016Contracts are crucial for enterprises. Without them, there wouldn’t be a way to cement the relationships that enterprises have with their suppliers. Given that suppliers are the source of goods and services that enterprises require to remain functional, it’s easy... Automated purchasing processBuilding Supplier RelationshipsInventoryInvoicesProcurement Approval ProcessPurchase ManagementPurchase OrdersPurchasing Manager SoftwarePurchasing Software The 3 Cornerstones of Effective Purchasing 21 August 2015As the role of purchasing continues to expand and grow, it’s easy to get caught up in all of the latest trends. While there is definitely value in knowing what’s new, it’s now more important than ever to have a... Automated purchasing processBuilding Supplier RelationshipsInventoryInvoicesPurchasing Manager SoftwarePurchasing SoftwareRequisitions Automated Purchasing Process: How to Get Started 21 August 2015It wasn’t that long ago when most forms of automation were only accessible to very large companies. But thanks to all the rapid advances in technology that have brought costs down over the years, businesses of all sizes can benefit... Automated purchasing processInventoryInvoicesPowerful PurchasingProcurementProcurement Approval ProcessPurchase OrdersPurchase SystemPurchasing SoftwareRequisitions Should Your Purchasing Department Automate Its Invoice Processing? 11 May 2015While there’s no denying the fact that technology is now everywhere, that doesn’t mean it always lives up to its promises. Most businesses have gone through the process of getting excited about a specific piece of technology, only to have... Automated purchasing processInventoryInvoicesPowerful PurchasingProcurementPurchase NegotiationsPurchase OrdersPurchase SystemPurchasing SoftwareRequisitions Mobile Stats Purchasing Managers Need to Know About 23 April 2015One of the many features that Bellwether Purchasing Software offers is the ability to approve requisitions and purchase orders from anywhere. As long as you have access to email or a web browser, you can complete this task. A big... Automated purchasing processBuilding Supplier RelationshipsInventoryInvoicesPowerful PurchasingProcurementProcurement Approval ProcessPurchase OrdersPurchase SystemPurchasing Software Procurement Best Practices in 2015 23 April 2015One of the big advantages of Bellwether Purchasing Software is that all vendor, price, procedural and other updates are automatic. That means these changes are seamlessly implemented without any need for technical support. The problem with many other types of purchasing... Automated purchasing processInventoryInvoicesPurchase NegotiationsPurchase OrdersPurchase SystemPurchasing SoftwareRequisitions Can Your Company Benefit from a Procurement Approval System? 22 April 2015Whether you’re a purchasing manager or an employee from another department, if you’re looking at Bellwether Purchasing Software, you may have already spent enough time reading about this product to know that it’s going to improve your efficiency and productivity.... Automated purchasing processBuilding Supplier RelationshipsInventoryInvoicesPowerful PurchasingProcurementPurchase NegotiationsPurchase SystemPurchasing Manager Software What’s the Difference Between Strategic and Tactical Sourcing? 22 April 2015At Bellwether Purchasing Software, we’re committed to improving purchasing managers’ professional quality of life. Whether that means easily automating purchasing processes or providing clear information that can easily be shared with others, we consider ourselves advocates for this field. Since... Automated purchasing processBuilding Supplier RelationshipsInventoryInvoicesPowerful PurchasingProcurement Approval ProcessPurchase OrdersPurchase SystemPurchasing SoftwareRequisitions Best Practices for Purchase Order Control 20 February 2015There are many practices that guide and control how purchasing is done in a business setup. Purchase orders are commonly used to make acquisition thus purchase order control is a mandatory undertaking for your company. Some companies are never transparent...