Invoice Finance Infographic from Factoring.org.uk
Instead of buying software off the shelf, cloud-based purchase order software is like forming a great partnership, It is more than just software; in some ways it is like outsourcing. Outsourcing has become such an integral part of the entire business structure that even small businesses are now doing it. With the help of […]
According to the Small Business Administration, a small business has a 5-year survival rate. Within 5 years, around 80% of them would have shut down and/or declared bankruptcy.
Anyone who enters into business should understand that there are no guarantees. Rather, it’s filled with so many risks and that it’s likely you would have to […]
Are you thinking of getting a program to manage your purchase orders and inventory? The you have to decide whether to go for a cloud solution or on-premise software.
What is an on-premise software?
You can have the traditional purchase order and inventory software on-premise. This means you buy the license for the program and have […]
ProcureCon TV screens exclusive interviews with Europe’s leading procurement professionals. They go behind the scenes at major industry events to bring the very latest news, views and insight from the procurement sector.
Paula Gildert, as Head of Development Strategic Sourcing for Novartis Pharma for the past 4 years, recognizes the importance of procurement in every […]
Why is it necessary to invest in receiving software?
The answer to this question is simple: inventory. Once you’ve placed the orders and the suppliers deliver the goods, they immediately become part of your inventory. This is true even if they are untouched or considered as raw materials and supplies. As long as they are […]
Although the cloud solutions carry some risks, some of which are non-negotiable such as security and privacy, they do not deter businesses from employing them. The benefits often outweigh the challenges.
Here are four reasons you should invest in cloud purchase order software:
You have better control of costs.
Most of the cloud solutions for purchase order […]
You’ve heard it on the news: millions of passwords were stolen from cloud services such as Dropbox. Even very large IT websites such as LinkedIn and Gmail have not been spared. Perhaps you’ve experienced it yourself. For some reason you can no longer log in to your own account, yet friends have reported that […]
Software breach is any person’s nightmare. In a 2013 study conducted by Kaspkersky its security products had dealt with over 5 million attacks on both mobile devices and computers and detected a staggering 3 billion attacks by malware on PCs.
Insecurities can come in different forms: malware, virus, and hacking, to name a few. […]