While the Payment Request process is appropriate for the payment of invoices for some services, and the Corporate Card is an appropriate alternatives for some purchases, this is a reminder that most ...

Discover how purchase order lead time affects manufacturing efficiency, key factors influencing it, and strategies to optimize your supply chain processes.

Convincing your employees to fill out extra paperwork when they need materials or supplies can be difficult, but putting a procurement system in place helps control costs and creates a paper trail ...

Companies using AI thoughtfully in procurement aren't replacing people; they're freeing those people to do higher-value work.

PO financing can be a good option for businesses with a cash flow shortage that still want to be able to complete an influx of orders. Many, or all, of the products featured on this page are from our ...

For anticipated spend of $5,000.00 and higher, SCU requires that a Purchase Order (PO) be issued to the supplier before any work begins. The process begins with the end user submitting a [Purchase] ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The S1 Pops package, which is now live at Bank of America, ...